Dai-Ichi Life Holdings to acquire significant stake in Wealth Management Inc.

Dai-Ichi Life Holdings, led by group chief executive Tetsuya Kikuta, announced its decision to acquire 5,459,200 shares of Wealth Management Inc. This acquisition is expected to result in Dai-Ichi Life Holdings holding 28.47% of Wealth Management Inc.'s total voting rights, calculated based on 191,742 voting rights as of March 31, 2025.

The acquisition is considered an act equivalent to a tender offer as defined by Article 167, Paragraph 1 of the Financial Instruments and Exchange Act and Article 31 of the Enforcement Order of the same Act. The planned acquisition date is between early and late December 2025, with the exact date contingent on the fulfillment or waiver of all prerequisite conditions stipulated in the stock transfer agreement. This date could also be four business days after the prerequisite conditions are met or an alternative date agreed upon by the seller and buyer.