Business
Executive Performance Share Plan and Awards
WPP plc announced on March 24, 2026, that on March 20, 2026, Executive Performance Share Plan (EPSP) awards were granted to its Chief Executive Officer, Cindy Rose, totaling 2,147,766 shares, and to its Chief Financial Officer, Joanne Wilson, totaling 979,381 shares. Additionally, both executives received deferred share awards (ESAs) related to their 2025 annual bonuses, with Ms. Rose receiving 115,800 shares and Ms. Wilson receiving 84,257 shares. These awards are subject to performance conditions and continued employment, with vesting dependent on WPP's performance over a three-year period for EPSP awards and two years for ESAs, and include provisions for dividend equivalents and post-vesting holding periods. Disclaimer*
About this update from Wpp Plc
[{"type":"text","content":"\n\nFOR IMMEDIATE RELEASE 24 March 2026\n \nWPP plc (\"WPP\")\nExecutive Performance Share Plan (EPSP) Awards and Executive Share Awards (ESA)\n \nOn 20 March 2026, 2026 EPSP awards were made under the Executive Performance Share Plan (EPSP). The participants included WPP's Chief Executive Officer (CEO) and Chief Financial Officer (CFO) as set out in the table below. In addition, awards were made in connection with the CEO's and CFO's annual bonuses for 2025 which were delivered 100% in the form of deferred share awards, ESAs.\n\n\n\n\nExecutive Director\n\n\nNature of Award\n\n\nNumber of shares awarded\n\n\n\n\nCindy Rose (CEO)\n\n\n2026 EPSP\n\n\n2,147,766\n\n\n\n\nCindy Rose (CEO)\n\n\n2025 ESA\n\n\n115,800\n\n\n\n\nJoanne Wilson (CFO)\n\n\n2026 EPSP\n\n\n979,381\n\n\n\n\nJoanne Wilson (CFO)\n\n\n2025 ESA\n\n\n84,257\n\n\n\n\n \nNotes\n1) The EPSP awards and ESAs were made in accordance with the terms of the 2023 Directors' Compensation Policy as approved by shareholders on 17 May 2023\n2) To the extent that each element of an EPSP award does not vest at the end of the three- year performance period it will lapse\n3) The 2026 EPSP awards take the form of conditional awards over WPP shares or ADRs and the amounts stated above represent the maximum possible opportunity. \n4) The extent to which these awards vest in 2029 will depend on WPP's performance over the three-year performance period from 1 January 2026 to 31 December 2028, as set out in the WPP 2025 Annual Report. \n5) The ESAs take the form of conditional awards over WPP shares and will vest after two years subject to continued employment.\n6) Additional shares will be awarded at vesting of both EPSP awards and ESAs in lieu of dividends on the shares that vest\n7) The EPSP awards to Executive Directors are subject to an additional two-year post-vesting holding period\n \n\n\...