STORA ENSO OYJ STOCK EXCHANGE RELEASE 11 December 2025 at 9:00 EET
The Board of Directors of Stora Enso Oyj has resolved to establish two new share
-based incentive plans for the key employees of the Group and its subsidiaries.
Stora Enso's goal is to offer remunerationthat motivates, encourages, attracts,
and retains top-tier employees. The Group carefully align remuneration elements
with its strategy and long-term financial interests.
The purpose of the plans is to align the key employees' interests with those of
the shareholders to increase the Company's value in the long term, as well as to
retain the key employees and offer them competitive share-based incentive
schemes. The total combined target group for both plans consists of
approximately 300 employees and maximum plan opportunity is EUR 20 million at
the time of grant. The potential rewards will be delivered as Stora Enso R
shares and cash. The cash proportion is intended to cover taxes and statutory
social security contributions arising from the reward to the recipient.
Performance Share Plan 2026-2028
The Performance Share Plan 2026-2028 consists of one performance period,
covering the financial years 2026-2028.
In the plan, the target group has an opportunity to earn Stora Enso Oyj shares
based on performance. The performance measures of the plan are earnings per
share (EPS), total shareholder return (TSR), CO2 emission reduction, and gender
balance in managerial positions. The potential rewards from the plan will be
allocated after the end of the vesting period. As a rule, no reward will be paid
if the participant's employment or service terminates before the end of the
performance period.
The target group consists of key individuals, including the CEO and other
members of the Group Leadership Team.
Upon reward payment, the reward amount may be decreased if the company's share
price is above the reward cap level determined by the Board of Directors.
The company recommends and expects the members of the Group Leadership Team to
hold the company's shares at a value corresponding to the participant's annual
gross salary as long as the membership in the Group Leadership Team continues.
Restricted Share Unit Plan 2026-2028
The Restricted Share Unit Plan 2026-2028 is directed to key employees of the
Group. The plan consists of one plan period which ends on 31 December 2028. The
rewards from the plan will be paid after the end of the plan period. As a rule,
no reward will be paid if the participant's employment or service terminates
before the end of the plan period.
The forest is at the heart of Stora Enso, and we believe that everything made
from fossil-based materials today can be made from a tree tomorrow. We are the
leading provider of renewable products in packaging, biomaterials, and wooden
construction, and one of the largest private forest owners in the world. Stora
Enso has approximately 19,000 employees and our sales in 2024 were EUR 9
billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and
Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in the
USA on OTC Markets (OTCQX) as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF).
storaenso.com/investors (http://www.storaenso.com/investors/)
STORA ENSO OYJ
For further information, please contact:
Hanna Rutanen
SVP Communications
tel. +358 41 507 1361
Jutta Mikkola
SVP Investor Relations
tel. +358 50 544 6061