RAISIO’S SHARE-BASED INCENTIVE PLAN FOR 2020 - 2022
The Board of Directors of
Any rewards for the performance period 2020 - 2022 will be paid partly as free shares and partly in cash in 2023. The cash proportion is intended to cover taxes and tax-related costs arising from the rewards to the key employees. No reward will principally be paid, if a key employee’s employment or service at the Company ends before reward payment.
The Plan is directed to approximately 20 persons. The reward to be paid on the basis of the performance period 2020 - 2022 corresponds to a total maximum of 1,000,000 free shares, including the amount to be paid in cash.
The Board of Directors recommends that the key employees belonging to the target group will continue to hold a considerable portion of shares received on the basis of this plan until the value of their share ownership corresponds to six months gross salary.
The plan now approved for the performance period 2020 - 2022 is the eighth under the long term incentive scheme approved by the Board of Directors in
Board of Directors
Further information:
Director of Investor Relations
Raisio is an international company specialised in healthy, responsibly produced food. Our well-known brands include, for example, Benecol, Elovena, Nalle and Sunnuntai. In Raisio’s products, the focus is on well-being, health, good taste and sustainable development. Profitable growth is ensured through our strong expertise and passion for creating new. Raisio’s shares are listed on
Distribution
Nasdaq
Key media
www.raisio.com
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