12.12.2024 14:00:00 EET | Taaleri Oyj | Other information disclosed according to the rules of the Exchange

TAALERI PLC               STOCK EXCHANGE RELASE                           12 DECEMBER 2024 AT 14:00 (EET)                           

Taaleri Plc establishes two new share-based incentive plans

The Board of Directors of Taaleri Plc has resolved to establish new share-based incentive plans for the employees and executives of Taaleri Plc.

The objective of the plans is to align the interests of the employees and Taaleri shareholders by strengthening the culture of ownership and creating a long-term equity interest for the employees and executives and, thus, to increase the company value in the long term as well as to drive performance, to retain employees and to offer the employees with competitive performance-based compensation.

Performance Share Plan 2025–2029

The Performance Share Plan 2025–2029 consists of three performance periods, covering the financial years 2025–2027, 2026–2028 and 2027–2029 respectively. The Board of Directors will resolve annually on the commencement and details of a performance period.

In the plan, the target group has an opportunity to earn Taaleri shares based on performance. The performance criteria of the plan are tied to Average Continuing Earnings during the years 2025–2027 and Absolute Total Shareholder Return (TSR). The potential rewards from the plan will be paid after the end of each performance period.

The value of the rewards to be paid on the basis of the plan corresponds to a maximum total of 200,000 shares of Taaleri Plc, including also the proportion to be paid in cash. The target group in the performance period 2025–2027 consists of approximately 15 key employees, including the members of the Executive Management Team, excluding the CEO.

The Executive Management Team member must hold 50 per cent of the received shares, until the value of the Executive Management Team member’s total shareholding in Taaleri equals to 50 per cent of their annual base salary for the calendar year preceding the payment of the reward. Such number of Taaleri shares must be held as long as the membership in the Executive Management Team continues.

STI Share Conversion Plan 2025–2026

The Short-Term Incentive (STI) Share Conversion Plan 2025–2026 offers the Taaleri personnel a possibility to convert a certain proportion of the cash reward earned from the company’s short-term incentive plan into Taaleri shares. The converted reward from the short-term incentive plan will be multiplied with the reward multiplier. The reward multiplier is 1.4.

The possible reward from the STI Share Conversion Plan will be paid after a 12-month vesting period. The number of shares available to be earned is dependent on the short-term incentive plan, achieved performance in the short-term incentive plan, participation to STI Share Conversion Plan, and Taaleri share price at the end of the short-term incentive plan.

General

The potential rewards from both plans will be paid partly in Taaleri’s shares and partly in cash. The cash proportion of the reward is intended to cover taxes and statutory social security contributions arising from the reward to the participant. As a rule, no reward will be paid if employment or director contract terminates before the reward payment.

Taaleri Plc 
Board of Directors

For further information, please contact: 
Peter Ramsay, CEO, +358 50 343 7493, peter.ramsay@taaleri.com

Distribution:

Nasdaq Helsinki 
Key media 
www.taaleri.com

Taaleri in brief

Taaleri is a Nordic investment and asset manager that focuses on businesses with industrial-scale opportunities within bioindustry and renewable energy. We create value by combining extensive know-how, deep expertise, entrepreneurship and capital through both funds under management and direct investments. We have been a signatory of the UN Principles for Responsible Investment (UNPRI) since 2010, and we joined the Net Zero Asset Managers initiative in 2021. Taaleri’s vision is to become a leading investment manager operating internationally in bioindustry and renewable energy.

Taaleri has two business segments: Private Asset Management and Garantia. Private Asset Management consists of bioindustry, renewable energy and real estate businesses.

Taaleri has EUR 2.6 bn of assets under management in its private equity funds and co-investments. The company has approximately 130 employees. Taaleri Plc is listed on Nasdaq Helsinki.

www.taaleri.com

Linda Tierala, Director, Investor Relations and Communications, +358 40 571 7895, linda.tierala@taaleri.com