New Performance-Based Share Bonus System for 22 Spinnova Key Personnel Announced

The target group for this new performance-based share bonus system is approximately 22 individuals. Spinnova’s board has decided to establish the system for key personnel in the group, with fees paid out from the first earning period equating to a maximum value of around 992,000 Spinnova shares. This includes a portion paid in cash, which is intended to cover taxes and statutory social insurance contributions incurred by the participant.

The cash component will be distributed partly in shares and partly in cash, with the shares intended to incentivize long-term commitment and growth within the company. Bonuses will be paid within five months of the end of the earning period, and no bonus will be paid if the participant’s employment or business relationship ends before it is distributed.

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