Aktia Bank plc continues incentive schemes for the group key personnel

Aktia Bank plc                                        
Stock Exchange Release
15.12.2016 at 2 p.m.

The Board of Directors of Aktia Bank plc has decided to launch two new share based incentive schemes for the Aktia Group key personnel, the Share Based Incentive Scheme 2017–2018 and the Share Ownership Scheme 2017.

Both incentive schemes aim to support the long-term strategy of the Group, combine the objectives of the shareholders and the key personnel, increase the company's value, commit the key personnel to the company and offer them competitive incentive schemes based on holdings of Aktia shares. A maximum of 170,000 A shares may be given on the basis of the schemes.

Share Based Incentive Scheme 2017–2018

The Share Based Incentive Scheme 2017–2018 continues the previous Aktia share based incentive schemes. The new scheme includes one earning period, the calendar years 2017 and2018. The reward consists partly of the company's A shares and partly of cash. The cash proportion is meant for covering taxes and tax-related costs arising from the reward to a key person.

The potential reward for the earning period will be based on the earnings criteria and targets that will be decided by the Board of Directors at the beginning of the earning period.

The target group of the Share Based Incentive Scheme 2017–2018 comprises 13 key employees at present, including the incoming Managing Director and the Executive Committee members. The maximum reward paid on the basis of the scheme may amount to 120,000 A shares in Aktia Bank plc and a cash proportion corresponding the value of the shares.

Share Ownership Scheme 2017

The Share Ownership Scheme gives key personnel in Aktia the opportunity to receive Aktia A shares (matching shares) as compensation for acquisition of Aktia Bank plc's A shares with private means providing that they are employed by Aktia at the time of matching in 2020..

The maximum compensation paid on the basis of the scheme may amount to 50,000 A shares in Aktia Bank plc and a cash proportion corresponding the value of the shares.

Aktia Bank plc

For more information, please contact:
Dag Wallgren, Chairman of the Board of Directors, tel. +358 40 522 4648

Distribution:
Nasdaq Helsinki Ltd
Central media
www.aktia.fi