Thule Group Ab · OMXSTO:THULE

Thule Group Ab — Shareholder Meeting (April 2017)

7 slides from Thule Group Ab's shareholder meeting presentation, Apr 26, 2017

  1. Slide 1: Thule Group AB Annual Shareholders Meeting 2017 Long Term Incentive Program - Proposal

    Thule Group AB Annual Shareholders Meeting 2017 Long Term Incentive Program - Proposal Hans Eckerström Director and Chairman of Remuneration Committee

  2. Slide 2: Introduction – existing program and guidelines for proposal

    Introduction – existing program and guidelines for proposal ▪ The Thule Group has had a good share price development since the IPO on November 26, 2014 ▪ IPO was made at SEK 70 per share ▪ Current trading is around SEK 155 per share, >120% in 2.5 years ▪ A management incentive program was launched i

  3. Slide 3: Introduction – evaluation of previous program and benefits to shareholders

    Introduction – evaluation of previous program and benefits to shareholders Evaluation of the prior programs ▪ A number of the key executives have been invested in various programs over the last 10 years and the different programs have yielded varying returns and thus there is significant experience

  4. Slide 4: Alignment of owner and management incentives – design components

    Alignment of owner and management incentives – design components ▪ Warrant are sold to management at fair market value according toi Black & Scholes valuation, verified by PWC ▪ Each participant pays for the options with own funds in cash ▪ Each participant will be invited to acquire options for app

  5. Slide 5: Alignment of owner and management incentives – potential outcome

    Alignment of owner and management incentives – potential outcome Current shareprice* 145 Strike indexation 119% Term, years 3.5 Strikeprice* 172 Cap* [235]? Share price 145 165 172.1 179.3 186.9 194.6 202.5 210.7 219.2 227.8 236.7 245.9 Annual value creation 0.0% 3.8% 5.0% 6.3% 7.5% 8.8% 10.0% 11.3%

  6. Slide 6: Concluding remarks

    Concluding remarks ▪ The board and remuneration committee believes comp and benefits are competitive at Thule Group ▪ It is our conviction that the proposed program will fulfill the needs to provide an overall attractive workplace for managers allowing the company to retain and attract the best poss

  7. Slide 7: Thule Group – Active life, simplified

    Thule Group») ACTIVE LIFE, SIMPLIFIED

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