Bittium Corporation
Other information disclosed according to the rules of the exchange
Share-Based Retention Plan for Bittium Corporation's CEO
Bittium Corporation stock exchange release on 29 January 2026, at 4:30 pm
(CET+1)
The Board of Directors of Bittium Corporation has decided on the establishment
of a share-based retention plan for the Chief Executive Officer (CEO) of the
company (below the “Plan”). The aim of the Plan is through equity interest to
align the interests of the CEO with those of Bittium's shareholders and to
retain, motivate and reward the CEO in order to increase Bittium's shareholder
value in the long term. The potential rewards under the Plan are paid in listed
shares of Bittium.
The aggregate maximum number of shares to be paid to the CEO based on the
overall Plan is 37,710 shares (gross reward from which the applicable payroll
tax is withheld). The shares will be delivered in three tranches, each with an
independent tranche specific performance period: The first share tranche of
17,710 shares will be delivered in one year from the launch of the Plan, the
second tranche, 5,000 shares, in two years and the third tranche, 15,000 shares,
in three years from the launch of the Plan.
The payment of the share rewards is conditional on the fulfilment of strategic
operative targets set by the company. The shares delivered based on the first
two performance periods will be subject to a transfer restriction until the end
of the third performance period of the Plan. The amount of the rewards payable
under the Plan is limited by a maximum cap which is linked to the company's
share price development.
Oulu, Finland, 29 January 2026
Bittium Corporation
The Board of Directors
Further information
Karoliina Malmi
Vice President, Communications and Sustainability
Tel. +358 40 344 2789
Email: investor.relations@bittium.com
Distribution
Nasdaq Helsinki Oy
Main media
Bittium
Bittium specializes in the development of reliable, secure communications and
connectivity solutions leveraging its 40-year legacy of expertise in advanced
radio communication technologies. Bittium provides innovative products and
services, customized solutions based on its product platforms and R&D services.
Complementing its communications and connectivity solutions, Bittium offers
proven information security solutions for mobile devices and portable computers.
Bittium also provides healthcare technology products and services for biosignal
measuring in the areas of cardiology and neurophysiology. Net sales in 2024 were
EUR 85.2 million and operating profit was EUR 8.6 million. Bittium is listed on
Nasdaq Helsinki. www.bittium.com