INTERPUMP GROUP

2022 REMUNERATION POLICY

April 2023

2023-25 REMUNERATION POLICY INDEX

  • KEY HIGHLIGHTS
  • OVERVIEW
  • ANNEX

2023-25 REMUNERATION POLICY KEY HIGHLIGHTS

2023-25 REMUNERATION POLICY CONCRETENESS

"A falling tree makes more noise than a growing forest"

Lao Tzu

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2023-25 REMUNERATION POLICY ONGOING JOURNEY TO IMPROVEMENT

  • Objectives pursued by the 2023-2025 Remuneration policy
    • Alignment to best practices
    • Disclosure improvement
    • Strengthened of the "involvement and retention management" approach
  • Main novelties
    • MBO: introduction of ESG KPI target, more details on financial KPI and insertion of a "clawback" clause
    • LTIP: alignment of the "minimum holding" clauses to the Code of Corporate Governance
    • Discretionary bonus" and "indemnities on termination": thresholds introduction

ONGOING JOURNEY TO IMPROVEMENT

2019: approval of "2019-21 Stock Option Plan"

2022: approval of "2022-2024 Stock Option Plan"

2021: approval Group Remuneration Policy, Section I

2023: approval Group Remuneration Policy, Section I

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Interpump Group S.p.A. published this content on 14 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 April 2023 17:45:04 UTC.