Netum Group Plc | Company announcement | 27 March 2025 at 1:30 p.m. EET

The Board of Directors of Netum Group Plc has resolved to establish a new share-based incentive plan

The Board of Directors of Netum Group Plc ("Netum or the "company") has resolved to establish a share-based incentive plan for the company's management based on the authorisation granted by the Annual General Meeting of the company on 25 March 2025. The Performance Share Plan 2025–2028 will be part of the incentive and commitment program for the Group's management. The aim is to align the objectives of the shareholders and the management in order to increase the value of the company in the long-term, to retain the key employees at the company, and to offer them a competitive reward plan that is based on earning and accumulating the company´s shares.

The new share-based incentive plan has two performance periods: the financial years 2025–2026 and 2027–2028. The company's Board of Directors determines the performance measures and their target levels as well as the employees covered by the incentive plan at the beginning of each earning period. Within the performance periods, the achievement of targets is reviewed separately on an annual basis, and the maximum reward for the performance period is divided equally between the years of the performance period. The potential rewards will be paid after the adoption of the financial statements for each financial year, but no later than by the end of May 2026, 2027, 2028 and 2029.

For the first performance period (financial years 2025–2026) a maximum amount of 184,000 Netum Group Plc’s shares can be paid as reward to the key employees. The reward criteria set for the performance period are based on the profitability of Netum Group's business. The target group for the performance period 2025–2026 includes all members of the Management Team, including the CEO, as well as other selected key employees. The target group consists of a total of 11 people.

Performance Share Plan 2022–2026

Netum has the share-based incentive plan 2022–2026, established on 23 September 2022. No share rewards were paid for the performance period 2022–2024, because the set minimum targets were not reached. The Board of Directors has decided that no new performance periods will be initiated for this share plan.

For further information, please contact:
Netum Group Plc
Olavi Köngäs, Chairman of the Board
+358 40 581 0040
olavi.kongas@netum.fi

Mari Ala-Sorvari, Head of external reporting and IR
+358 50 494 9930
mari.ala-sorvari@netum.fi

Certified Adviser: 
Evli Plc
+358 40 579 6210 

Netum Group Plc
Netum is a strongly and profitably growing IT service partner that builds a functional and secure digital society. We help our customers develop their digital business by designing and implementing sustainable digital solutions tailored to their needs – wisely and responsibly. Netum employs approximately 400 people, and the company's revenue in 2024 was EUR 44 million. Netum Group Plc's shares are listed on Nasdaq Helsinki First North (NETUM). www.netum.fi