Core Viewpoint - Hiab Corporation has established two new share-based incentive programs aimed at aligning the interests of key employees with those of shareholders and enhancing the company's long-term value [1][2]. Performance Share Programme 2026–2028 - The Performance Share Programme (PSP) is designed to motivate key employees to implement the company's strategy and objectives while providing a competitive incentive based on earnings and share accumulation [2]. - The program covers a performance period from 2026 to 2028, with rewards based on performance criteria including earnings per share (EPS), services sales, and Eco Portfolio orders received [3]. - A maximum total of 290,000 class B shares will be available as rewards, targeting approximately 65 key employees, including the Hiab Leadership Team (HLT) and the CEO [4]. - HLT members will receive a portion of their rewards in cash, while other participants will receive their rewards fully in shares, with additional cash to cover taxes and social security contributions [5]. - HLT members are required to hold 50% of the received shares until their total shareholding equals their annual base salary from the previous year [6]. Restricted Share Programme 2026–2028 - The Restricted Share Programme (RSP) includes a retention period from 2026 to 2028, with share rewards to be paid in spring 2029 [7]. - The maximum total value of rewards under this program corresponds to 20,000 class B shares, with rewards paid fully in shares and a cash portion to cover taxes and social security contributions [8].
Hiab establishes new share-based incentive programmes for key employees
Globenewswire·2026-02-11 16:30