F-Secure Corporation | Stock exchange release | 29 April 2026 at 8:30 EEST

The Board of Directors of F-Secure Corporation resolved on a new performance period for the Performance Share Plan and Restricted Share Plan

The Board of Directors of F-Secure Corporation resolved on launching two (2) share-based incentive plans for its Leadership Team and key employees. The share-based long-term incentive plans include the Performance Share Plan (“PSP”) and the Restricted Share Plan (“RSP”). The RSP is intended to be used as a complementary share-based incentive plan for individually selected key employees in specific situations.

The purpose of the share-based long-term incentive plans is to align shareholders’ and key employees’ interests, motivate and incentivize key employees to focus on F-Secure’s long-term success and targets and to commit key employees in the company.

The rewards to be paid on the basis of the PSP correspond to the value of an approximate on-target total of 585,715 and maximum total of 1,171,429 F-Secure’s shares, including also the proportion to be paid in cash. The final number of shares will depend on the achievement of the targets set for the performance criteria. The rewards to be paid on the basis of the RSP correspond to the value of an approximate maximum total of 500,000 F-Secure’s shares, including also the proportion to be paid in cash.

The rewards from the plans will be paid partly in F-Secure’s shares and partly in cash. The cash proportion of the reward is intended to cover the taxes and social security contributions arising from the reward to the key employee. In general, no reward will be paid, if a participant’s employment or director contract terminates before the reward payment.

The Leadership Team member is recommended to hold 50 percent of the shares received from the plans, until the total value of the Leadership Team member’s shareholding in F-Secure equals to 50 per cent of their annual base salary of the preceding year. Respectively, the CEO is recommended to hold 50 per cent of the shares received from the plans, until CEO’s shareholding in F-Secure equals to 100 per cent of the CEO’s annual base salary of the preceding year. Such number of F-Secure’s shares is recommended be held as long as the membership in the Leadership Team or the position as the CEO continues.

Performance Share Plan 2026-2028 (PSP)

The PSP includes one performance period, covering the financial years 2026-2028. In the PSP, the key employees have the opportunity to earn F-Secure’s shares based on performance. The potential rewards from the PSP will be paid within 5 months after the end of the performance period.

The performance criteria of the PSP are tied to the absolute total shareholder return (aTSR), earnings per share (EPS) during the years 2026–2028 and revenue growth. The achievement of the targets set for the performance criteria will determine the final proportion out of the maximum reward that will be paid as reward to participants.

The target group of the PSP consists of approximately 47 persons.

Restricted Share Plan 2026-2028 (RSP)

The RSP is intended to act as a supplementary share-based long-term incentive plan for separately selected F-Secure Corporations key persons in special situations. The Board of Directors may allocate rewards from the RSP during financial years 2026-2028.

The rewards from the RSP will be paid by the end of May 2029, but in any event earliest after a minimum of 12 months has elapsed from the grant of the reward.

F-Secure Corporation

Board of Directors

For more information:

Kaisa Tikka-Mustonen, Chief People Officer
kaisa.tikka-mustonen@f-secure.com
tel: +358 40 564 6456

F-Secure in Brief

F-Secure is Finland headquartered and globally operating consumer cyber security company. F-Secure offers award-winning security and privacy products and services that make every digital moment more secure, for everyone. F-Secure operates in over 100 countries, has ~200 Service Provider partners and is the global leader providing security through Communication Service Providers. F-Secure Corporation is listed on Nasdaq Helsinki Ltd. Read more: www.f-secure.com