The Board of Directors of Talenom Plc resolved on the criteria for the second vesting period of the performance share plan 2024–2027

Talenom Plc, Stock exchange release 27 February 2025 at 8:30 EET

The Board of Directors of Talenom Plc resolved on the criteria for the second vesting period of the performance share plan 2024–2027

Talenom Plc's Board of Directors has decided on the criteria for the second vesting period (2025-2026) of the performance share plan 2024-2027. During the vesting period 2025-2026, the reward is based on the growth of the Group’s net sales, the development of EBITDA and the implementation of the company’s strategy. The remuneration includes a commitment-building component, the criterion for which is the obligation to stay employed at the company.

The rewards to be paid based on the vesting period correspond to the value of an approximate maximum total of 500,000 Talenom Plc shares, including also the proportion to be paid in cash. Approximately 130 persons are included in the target group of the plan, including the company’s Executive Board members.

The potential reward based on the plan will be paid partly in the company’s shares and partly in cash after the end of a performance period. The cash proportion is intended to cover taxes and tax-related expenses arising from the reward to a participant. As a rule, no reward is paid, if the participant’s employment or service terminates before the reward payment.

The company’s Executive Board Member is obliged to hold at least half of the net number of shares paid to the member based on the plan, until the value of his or her shareholding in the company equals the value of his or her annual base salary. Such number of shares must be held as long as the membership in the Executive Board continues.

Talenom Plc's Board of Directors decided in 2024 on a performance share plan for 2024-2027 for the Group's key personnel. The performance share plan consists of three performance periods. The Board of Directors resolves on the plan’s performance criteria and targets to be set for each criterion at the beginning of the performance period. The plan is part of share-based incentive plans for the Group’s key employees. The aim is to align the objectives of the shareholders and key employees for increasing the value of the company in the long-term, to commit the key employees to the company and to offer them competitive incentive schemes that are based on earning and accumulating shares.

Talenom Plc

Further information:
Otto-Pekka Huhtala
CEO, Talenom Plc
+358 40 703 8554
otto-pekka.huhtala@talenom.fi

Talenom in brief

Talenom is an agile and progressive accounting firm established in 1972. Our business idea is to help entrepreneurs succeed by making their daily lives easier with the market's easiest-to-use digital tools and highly automated personal services. In addition to comprehensive accounting services, we support our customers’ business with a wide range of expert services and our partners' services. Our vision is to be the preferred partner in financial management.

Talenom’s growth history is strong – average annual net sales growth was approximately 16% between 2005 and 2024. In 2024, Talenom’s net sales was some EUR 126 million and the company had 1,554 employees in Finland, Sweden, Spain and Italy at the end of the year. Talenom’s share is quoted on the Main Market of Nasdaq Helsinki. Read more: investors.talenom.com/en