ELISA CORPORATION STOCK EXCHANGE RELEASE
The Board of Directors of
The new Performance Share Plan includes three three-year performance periods, calendar years 2021-2023, 2022-2024 and 2023-2025. The Board of Directors of the Company will resolve on the Plan's performance criteria and required performance levels for each criterion at the beginning of a performance period. The potential reward of the Plan from the performance period 2021-2023 will be based on the Group's Earnings per Share (EPS), on the
The rewards to be paid on the basis of the performance period 2021-2023 correspond to the value of a maximum total of 410.700
The CEO of the Company and a member of the Corporate Executive Board must hold a minimum of 50 per cent of the net shares given on the basis of the plan, until the CEO's shareholding in the Company in total corresponds to the value of his annual salary and, respectively, the member's shareholding in the Company in total corresponds to the value of half of his or her annual salary.
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https://news.cision.com/elisa-oyj/r/the-board-of-directors-of-elisa-corporation-resolved-on-incentive-plan-for-key-employees,c3300564
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