The Board of Directors of Luotea Oyj decided on updates to the company's share-based incentive plan for 2023-2027 and on the launch of a new share-based incentive plan for the years 2026-2030

Core Viewpoint - Luotea Oyj has updated its share-based incentive plans for key employees, introducing changes to align with company objectives and employee experience metrics, while also launching a new incentive plan for 2026-2030 aimed at long-term value creation [2][3][6]. Group 1: Updates to Existing Incentive Plans - The share-based incentive plan for 2023-2027 has been modified to change the ESG criterion from carbon footprint reduction to employee experience measured by eNPS for the years 2026 and 2027 [3]. - The performance criteria for the earning periods 2024-2026 and 2025-2027 remain unchanged, with the maximum rewards corresponding to approximately 183,000 shares and 291,000 shares respectively [4]. Group 2: New Share-Based Incentive Plan 2026-2030 - The new share-based incentive plan for 2026-2030 consists of three performance periods: 2026-2028, 2027-2029, and 2028-2030 [7]. - The plan aims to align the interests of the company, shareholders, and key employees, focusing on long-term value increase and employee commitment [6]. Group 3: Performance Criteria for New Incentive Plan - The performance criteria for the 2026-2028 period include relative total shareholder return (TSR) weighted at 30%, return on capital employed (ROCE) at 50%, and cash conversion, earnings per share (EPS), eNPS, and revenue growth each weighted at 20% [8][13]. - The maximum rewards for the 2026-2028 performance period are estimated to be approximately 389,000 shares, targeting around 18 key employees [9]. Group 4: General Provisions - Rewards will be distributed partly in shares and partly in cash, with cash portions intended to cover tax liabilities [10]. - Group Management Team members are required to hold at least 50% of the net shares received until their value equals their annual salary [11].