Decision of Board of Directors of Oma Savings Bank Plc on share-based incentive plans for key employees

Core Viewpoint - The Board of Directors of Oma Savings Bank Plc has announced a new share-based incentive plan for key employees for the performance period of 2026–2028, transitioning from a two-year to a three-year program structure to better align employee interests with long-term company value [1][2]. Group 1: Incentive Plan Structure - The new incentive plan will consist of three-year performance periods starting annually, replacing the previous two-year programs [1]. - The plan aims to align the interests of shareholders and key employees, committing them to the company's long-term strategy and objectives [2]. Group 2: Target Group and Performance Criteria - Approximately 45 key employees, including the CEO and Management Team members, will be part of the 2026–2028 performance period [3]. - Performance rewards will be based on metrics such as return on equity, cost/income ratio, customer and employee satisfaction, and credit portfolio quality [3]. Group 3: Reward Structure - Rewards will be distributed partly in shares and partly in cash, with the cash portion intended to cover taxes and social security contributions [4]. - The total potential rewards correspond to approximately 330,000 shares, including cash components [4]. Group 4: Payment and Retention - Rewards will be deferred and paid in five installments over approximately four years post-performance period, followed by a one-year retention period for shares [5]. - Key executives must retain at least 50% of net shares until their shareholding value equals their gross annual salary [6]. Group 5: Performance Bonus Model - An annual performance bonus model will be expanded to include participants in the share-based incentive plan for 2026 and 2027, aligning with short-term performance criteria [7]. - Bonuses may be partially paid in shares if they exceed regulatory thresholds, with a total value corresponding to approximately 184,000 shares based on a share price of EUR 12.59 for February 2026 [10].