Rapala VMC Corporation Resolved on New Performance Period 2026-2028 for the Company's Performance Share Plan

Core Viewpoint - Rapala VMC Corporation has established a new Performance Share Plan for the period 2026-2028, aimed at incentivizing key employees through performance-based rewards tied to specific financial metrics [1][2]. Group 1: Performance Share Plan Details - The Performance Share Plan 2025-2029 includes three performance periods: 2025-2027, 2026-2028, and 2027-2029 [1]. - For the 2026-2028 performance period, the target group consists of approximately 65 key employees, including the Management Team and the CEO [3]. - The performance criteria for this period are linked to Leverage, EBIT, and Total Shareholder Return, with full rewards contingent on participants investing in Rapala VMC shares [3]. Group 2: Reward Structure - The maximum potential rewards for the 2026-2028 period correspond to 552,000 shares of Rapala VMC, with a portion to be paid in cash to cover taxes and social security contributions [4]. - Key employees must maintain a certain level of shareholding: Management Team members must hold shares worth 50% of their annual base salary, while the CEO must hold shares worth 100% of their annual base salary until their positions continue [5]. Group 3: Company Overview - Rapala VMC Group is a leading fishing tackle company with a significant distribution network and a global market leader in fishing lures, treble hooks, and related tools [6]. - The company reported net sales of EUR 228 million in 2025 and employs approximately 1,400 people across 40 countries [6].