Nokian Tyres plc Stock Exchange Release February 10, 2026, at 1:25 p.m. EET
The Board of Directors of Nokian Tyres plc has decided on the establishment of
new share-based long-term incentive plan, Restricted Share Plan (RSP). RSP is
used as a complementary retention plan for individually selected key employees
in specific situations.
Restricted Share Plan 2026-2028
RSP 2026-2028 consists of a three-year restriction period, with potential share
rewards paid in the first half of 2029 in Nokian Tyres' shares.
The aggregate maximum number of shares to be delivered based on RSP 2026-2028 is
120,000 shares. The number of shares represents the gross value of the rewards,
from which the applicable taxes will be deducted before the delivery of shares
to the participants.
Additionally, a financial performance indicator has been established for the
remuneration of Group Management Team members; this indicator must be surpassed
to qualify for potential rewards from RSP 2026-2028. The financial performance
indicator is the average Segments Return on Capital Employed (ROCE).
Other terms
If a participant's employment or executive contract terminates before the reward
is paid, the reward will not, as a main rule, be paid.
The President and CEO, along with members of the Group Management Team, must
retain 25% of the shares they receive as a reward until their total personal
shareholding in the company equals their gross salary from the calendar year
before the reward was paid.
The Board of Directors anticipates that no new shares will be issued based on
the share-based incentive plan and that the plan will, therefore, have no
dilutive effect on the registered number of the Company's shares.
NOKIAN TYRES PLC
Board of Directors
Further information:
Päivi Leskinen, SVP, Human Resources, tel. +358 10 401 7776
ir@nokiantyres.com
media@nokiantyres.com
Nokian Tyres' purpose is to make the world safer by reinventing tires, and how
they are made, over and over again - a safer place to drive, work and live now
and for generations to come. Inspired by our northern heritage, we develop and
manufacture premium tires for passenger cars, trucks and heavy machinery with
sustainability at the heart of all our operations. Our Vianor chain provides
tire and car services. We are some 4,000 people with net sales of EUR 1.4
billion in 2025, and together we lead the journey to smarter driving for people
and for businesses. Nokian Tyres is listed on Nasdaq Helsinki.
Further
information:company.nokiantyres.com (https://eur04.safelinks.protection.outlook.c
om/?url=https%3A%2F%2Fcompany.nokiantyres.com%2F&data=05%7C02%7Canne.aittoniemi%4
0nokiantyres.com%7C7be0a188077f4660a2e408de5342ffd1%7C2293b824c7984957856edf1992a
fab2e%7C0%7C0%7C639039744374709839%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydW
UsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%
7C&sdata=RYIyEQxqe8v74dxOz0BKe0IiH6ZD8dD86cADiGHSapk%3D&reserved=0),
www.nokiantyres.com (https://eur04.safelinks.protection.outlook.com/?url=https%3A
%2F%2Fpublish.ne.cision.com%2Fl%2Fhdyxuosoc%2Fwww.nokiantyres.com&data=05%7C02%7C
anne.aittoniemi%40nokiantyres.com%7C7be0a188077f4660a2e408de5342ffd1%7C2293b824c7
984957856edf1992afab2e%7C0%7C0%7C639039744374759333%7CUnknown%7CTWFpbGZsb3d8eyJFb
XB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ
%3D%3D%7C0%7C%7C%7C&sdata=OQ5ZgEA4DEosx9Nqpvo5O22mQjB5c938SOcZ6ZeR2BM%3D&reserved
=0)