Source disclosure: February 13, 2026
NEXT FUNDS German Equity DAX (Yen-Hedged) Exchange Traded Fund [286A.T]
TOKYO, Feb 13 (Pulse News Wire) – NEXT FUNDS German Equity DAX (Yen-Hedged) Exchange Traded Fund (286A.T) announced today that its board of directors approved amendments to director compensation and plans to introduce a restricted share plan. The changes aim to incentivize long-term growth and align executive interests with shareholder value.
Under the revised structure, fixed and variable components of compensation will be adjusted based on external market data. Fixed compensation will account for approximately 85% while variable compensation will make up 15%. Variable compensation includes performance-linked cash rewards and restricted stock grants, which will be subject to vesting conditions.
The fund intends to implement the restricted share plan contingent upon shareholder approval at the annual general meeting scheduled for March 26, 2026. Directors will receive restricted shares valued up to ¥30 million annually, with a total issuance limit of 34,000 shares per year. Shares will be priced based on the closing price of the fund's ordinary shares on the Tokyo Stock Exchange prior to the board resolution date.
Additionally, the fund plans to extend similar restricted share arrangements to its executive officers should the proposal gain approval at the upcoming shareholders' meeting.
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