Incentive programme
Momentum Group has two outstanding share-based incentive programs (“LTIP 2025” and “LTIP 2024”) for the corporate management, including the President & CEO and Vice President, business unit managers, and other senior executives. The main purpose is to create additional incentives for increased commitment and performance among the participants, to strengthen the possibilities of recruiting and retaining key personnel, and to create a common ownership interest between the participants and the shareholders.
LTIP 2025
The Annual General Meeting in May 2025 resolved, in accordance with the Board of Directors’ proposal, to implement a long-term incentive program (“LTIP 2025”). The program, which involves a requirement for personal investment, consists of performance shares and may include up to a maximum of 86,250 shares of series B in the Company, equivalent to approximately 0.2 per cent of the total number of shares and votes in Momentum Group, before any adjustments.
LTIP 2024
The Annual General Meeting in May 2024 resolved, in accordance with the Board of Directors’ proposal, to implement a long-term incentive program (“LTIP 2024”). The program, which involves a requirement for personal investment, consists of performance shares and may include up to a maximum of 108,250 shares of series B in the Company, equivalent to approximately 0.2 per cent of the total number of shares and votes in Momentum Group, before any adjustments.
Allocation of performance shares is based on a number of different performance criteria, including the development of the Company’s earnings per share. The Annual General Meeting resolved to authorize the Board of Directors to decide to transfer, free of charge, Class B shares that the Company already holds after repurchases, to the participants as performance share.
The Board of Directors intends to annually propose an incentive program with a corresponding structure.
See full terms and conditions for each program below.