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Sony introduces Performance Share Unit plan to align executive pay with business performance

SONYSony Group Corp

Sony Group's Compensation Committee approved a new stock compensation plan utilizing Performance Share Units (PSUs) for directors, corporate executive officers, and other employees. The plan replaces the previous issuance of stock options using stock acquisition rights while maintaining restricted stock units (RSUs). PSUs will vest over a three-year performance evaluation period based on metrics such as Total Shareholder Return, with share delivery determined by achievement levels ranging from 0% to 200%. This initiative aims to better align the economic interests of recipients with the company's business performance. Sony Group Corporation is a global entertainment, technology, and financial services conglomerate.

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