Dai-ichi Life issues new shares for compensation plan

Dai-ichi Life Holdings (TSE: 8750) announced today its decision to issue new shares under its stock compensation plan, approved by the board on June 23, 2025. The company will issue 362,800 shares as restricted stock (RS) and 280,400 shares as performance-linked stock units (PSU). The RS shares, priced at JPY 1,072.0 per share, will be allocated to directors and executive officers of Dai-ichi Life and its subsidiaries. The PSU shares are also priced at JPY 1,072.0 per share and will be issued to directors and executive officers, contingent on performance targets over a three-year period. The total issuance for RS is valued at JPY 388,921,600, while the total for PSU is JPY 300,588,800. The aim is to align management incentives with shareholder value and company performance.