Elisa’s Board of Directors resolved on incentive plan for key personnel in performance period 2016–2018

ELISA STOCK EXCHANGE RELEASE 11 DECEMBER 2015 AT 8:30 AM

Elisa has a share-based incentive plan for the key personnel, which includes three three-year performance periods, calendar years 2015–2017, 2016–2018 and 2017–2019.

Elisa’s Board of Directors has decided that the rewards to be paid on the basis of the performance period 2016–2018 correspond to the value of an approximate maximum total of 480,000 Elisa shares (including also the proportion to be paid in cash). The potential reward on the basis of the performance period 2016–2018 will be paid partly in shares and partly in cash in 2019. The Performance Share Plan is directed to a maximum of 200 people.

The potential reward of the Plan from the performance period 2016–2018 will be based on earnings per share (EPS), on the new business revenue and on other essential goals. 

Elisa has issued a stock exchange release for the share incentive plan on 12 December 2014.

ELISA CORPORATION

Vesa Sahivirta                   
IR Director
tel. +358 10 262 3036

Distribution:

Nasdaq Helsinki                
Principal media                  
www.elisa.com