ELISA OYJ 
ELISA CORPORATION STOCK EXCHANGE RELEASE
The Board of Directors of
The Performance-based Share Plan 2024-2028 consists of three performance periods, covering the financial years 2024-2026, 2025-2027 and 2026-2028 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 Elisa shares based on performance. The performance criteria of the plan are decided separately for each performance period by the Board of Directors. The potential rewards from the plan will be paid after the end of each performance period.
The potential reward will be paid partly in Elisa 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 key employee. As a rule, no reward will be paid if the key employee's employment or director contract terminates before the reward payment.
The Executive Board member must hold 50 per cent of the received shares, until the value of the Executive Board member's total shareholding in Elisa equals to 50 per cent of their annual base salary for the calendar year preceding the payment of the reward. Respectively, the CEO must hold 50 per cent of the net reward shares received from the plan, until the CEO's shareholding in Elisa equals to 100 per cent of the CEO's annual base salary of the preceding year. Such number of Elisa shares must be held as long as the membership in the Executive Board or the position as the CEO continues.
The Board of Directors of
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https://news.cision.com/elisa-oyj/r/elisa-establishes-a-new-share-based-incentive-plan-for-key-employees,c3919648
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