Employee LTIP
Long-term share-related incentive plans in the form of share option plans for Group management and other employees were approved by the 2022 EGM, the 2023 and 2024 AGMs (“Employee LTIPs”), all aimed at aligning the interests of members of Group management and other employees with those of shareholders while offering competitive, market-aligned rewards for a growth-focused business. Designed to emphasise strong shareholder returns, the Employee LTIPs also reflect the Company’s entrepreneurial and growth-oriented nature. Given that renewable energy projects require long time to mature and ultimately crystallise value, the Employee LTIPs and have also been designed to incentivise decision making to support long-term value creation, which is being reflected in the length of the exercise and vesting periods.
A new long-term, performance-based incentive plan for Group management and key employees was approved by the 2025 AGM (“LTIP 2025”), and the primary objectives of this new plan are fully aligned with the previous Employee LTIPs to ensure continuity in rewarding performance and commitment, while still ensuring a strong link between performance and shareholder value. More information around the respective program can be found in the links below and in the Company’s financial reports.
Board LTIP
The 2022 EGM resolved to approve a one-off long-term share-related incentive plan for members of the Board (“Board LTIP 2022”) in the form of a share option plan (“Board Options”). The reason for establishing a one-off long-term share-related incentive plan for the members of the Board was to align their interests with the interests of the shareholders, as well as to provide market appropriate reward reflecting responsibilities, commitment and share price appreciation.
Related
documents
Employee LTIP 2025
66 KB
Employee LTIP 2024
86 KB
Employee LTIP 2023
152 KB
Employee LTIP 2022
195 KB
Board LTIP 2022
190 KB