Prenumeration
Beskrivning
| Land | Finland |
|---|---|
| Lista | Small Cap Helsinki |
| Sektor | Material |
| Industri | Skog & Cellulosa |
Koskisen Corporation stock exchange release, 10 April 2025 at 01:00 p.m. EEST
New long-term share-based incentive programme for Koskisen's key employees
On 10 April 2025, Koskisen Corporation's Board of Directors decided on a new share-based incentive programme for its key personnel for 2025–2029. The purpose of the incentive programme is to align the objectives of the company’s shareholders and persons participating in the programme in order to increase the value of the company in the long term, commit the participants to the company and offer them a competitive incentive programme for earning and accumulating shares.
The incentive programme consists of three three-year earning periods: 2025–2027, 2026–2028 and 2027–2029. The company’s Board of Directors determines the key employees participating in the incentive programme for each earning period, as well as the earning criteria and targets, which may be based on financial performance, strategy, sustainability or other targets. In addition, the company’s Board of Directors determines the rewards to be paid under the incentive programme to each participating person. The rewards can be paid in shares, cash or a combination of both.
Earning period 2025–2027 of the new share-based incentive programme
On 10 April 2025, the company’s Board of Directors resolved on the criteria and targets, as well as the participating key employees, for the first earning period of the share-based incentive programme. Currently, approximately a total of 30 key employees are eligible to participate in the earning period 2025-2027 of the share-based incentive programme, including the Group's CEO and members of the Executive Board.
In the share-based incentive programme, the potential receipt and amount of the reward is based on the growth of revenue in accordance with Koskisen's growth strategy, cumulative adjusted EBITDA and the reduction of emissions caused by the company’s own operations (Scope 1 and 2) between 1 January 2025 and 31 December 2027 and the person's ongoing employment.
During the first earning period of the incentive programme, the key employees participating in the incentive programme may earn a maximum of 420,000 gross shares in total from which the withholding of tax and possible other applicable contributions are deducted and the remaining net amount is paid in shares.
For further information, please contact:
Pekka Kuusniemi, Chairman of the Board, Koskisen Corporation
tel. +358 50 537 3883
Koskisen is an international wood processing specialist with more than a century of experience known for its agility and ability to listen to the customer. We utilise our valuable wood raw material as thoroughly as possible, up to the last particle of sawdust. We manufacture high-quality and sustainable circular bioeconomy products that store carbon for decades. In 2024, the Group’s revenue was EUR 282 million. Read more: koskisen.fi