Nokian Tyres plc Stock Exchange Release February 10, 2026, at 1:25 p.m. EET

The Board of Directors of Nokian Tyres plc has decided on the establishment of new share-based long-term incentive plan, Restricted Share Plan (RSP). RSP is used as a complementary retention plan for individually selected key employees in specific situations.

Restricted Share Plan 2026-2028

RSP 2026-2028 consists of a three-year restriction period, with potential share rewards paid in the first half of 2029 in Nokian Tyres' shares.
 

The aggregate maximum number of shares to be delivered based on RSP 2026-2028 is 120,000 shares. The number of shares represents the gross value of the rewards, from which the applicable taxes will be deducted before the delivery of shares to the participants.

Additionally, a financial performance indicator has been established for the remuneration of Group Management Team members; this indicator must be surpassed to qualify for potential rewards from RSP 2026-2028. The financial performance indicator is the average Segments Return on Capital Employed (ROCE).

Other terms

If a participant's employment or executive contract terminates before the reward is paid, the reward will not, as a main rule, be paid.

The President and CEO, along with members of the Group Management Team, must retain 25% of the shares they receive as a reward until their total personal shareholding in the company equals their gross salary from the calendar year before the reward was paid.

The Board of Directors anticipates that no new shares will be issued based on the share-based incentive plan and that the plan will, therefore, have no dilutive effect on the registered number of the Company's shares. 

NOKIAN TYRES PLC

Board of Directors
 

Further information: 
Päivi Leskinen, SVP, Human Resources, tel. +358 10 401 7776

ir@nokiantyres.com
media@nokiantyres.com
 

Nokian Tyres' purpose is to make the world safer by reinventing tires, and how they are made, over and over again - a safer place to drive, work and live now and for generations to come. Inspired by our northern heritage, we develop and manufacture premium tires for passenger cars, trucks and heavy machinery with sustainability at the heart of all our operations. Our Vianor chain provides tire and car services. We are some 4,000 people with net sales of EUR 1.4 billion in 2025, and together we lead the journey to smarter driving for people and for businesses. Nokian Tyres is listed on Nasdaq Helsinki.
Further information: company.nokiantyres.com, www.nokiantyres.com