Business
Commencement of a new plan period in the share-based Long-Term Incentive Plan for management and key employees
Suominen Corporation's stock exchange release on January 29, 2026 at 9:35 a.m. (EET) New Performance Period 2026–2028 Based on the existing share-based Long Term Incentive Plan for management and key employees, communicated as a stock exchange release on February 6, 2024, the Board of Directors of Suominen Corporation has decided on the commencement of a new plan period covering the years 2026–2028. The purpose of the plan is to align the interests of the company’s shareholders and key employees
About this update from Suominen Oyj
[{"type":"image","alt":"Suominen Corporation","displaySize":"","headline":null,"caption":"Suominen Corporation","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":46,"url":"https://media.zenfs.com/en/globenewswire.com/296a7eef9dbbfea81511af76cbad82f5"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/bM843nxdWgh5HF485qGhSw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTY0O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/296a7eef9dbbfea81511af76cbad82f5","width":300,"height":46}},"lazy":false},{"type":"text","content":"Suominen Corporation's stock exchange release on January 29, 2026 at 9:35 a.m. (EET) ","length":137,"tagName":"p"},{"type":"text","content":"New Performance Period 2026–2028","length":32,"tagName":"p"},{"type":"text","content":"Based on the existing share-based Long Term Incentive Plan for management and key employees, communicated as a stock exchange release on February 6, 2024, the Board of Directors of Suominen Corporation has decided on the commencement of a new plan period covering the years 2026–2028.","length":284,"tagName":"p"},{"type":"text","content":"The purpose of the plan is to align the interests of the company’s shareholders and key employees to increase the company’s value in the long term, to commit key employees to implement the company's strategy, objectives and long-term interest, and to reward them for high performance.","length":288,"tagName":"p"},{"type":"text","content":"The performance criteria of the performance period 2026–2028 are tied to Absolute Total Shareholder Return during the years 2026–2028 (weight 40%), Earnings Before Interests and Taxes (EBIT) in fiscal year 2028 (weight 40%), and the company’s target to improve its raw material efficiency (weight 20%), measured for fiscal year 2028. The potential rewards from the plan will be paid after the end of the performance period.","length":423,"tagName":"p"},{"type":"text","content":"The value of the rewards to be paid on the basis of the plan corresponds to a maximum total of 1,500,000 shares of Suominen, including also the proportion to be paid in cash. The target group in the performance period 2026–2028 consists of 28 key employees, including the President & CEO and other members of the Suominen Leadership Team.","length":342,"tagName":"p"},{"type":"text","content":"...