Commencement of new plan periods in long-term incentive plans targeted to Metso management and key employees

Metso Corporation’s stock exchange release on December 17, 2024, at 2:10 p.m. EET

The Board of Directors of Metso Corporation has approved the commencement of a new plan period 2025-2027 in the following share-based long-term incentive programs: The Performance Share Plan (also "PSP") and the Restricted Share Plan (also "RSP").

Metso originally announced the establishment of the PSP and the RSP structure on July 1, 2020.

PSP 2025-2027

PSP 2025-2027 is subject to achieving performance targets set by the Board of Directors, measured over a three-year performance period.  Subject to achievement of these targets, awards will be delivered in 2028 in listed shares of Metso Corporation.

This award is subject to performance targets based on the absolute total shareholder return of Metso’s shares, cumulative earnings per share and development in sustainability, which is linked to the sales growth of Metso Plus offering.

Approximately 200 key employees of Metso, including the members of Metso Leadership Team, are eligible to participate in PSP 2025-2027.

If the performance targets set for the PSP 2025-2027 are fully achieved, the aggregate maximum number of shares to be paid based on this Plan is approximately 2,250,000 shares (referring to gross earnings before the withholding of the applicable payroll tax).

RSP 2025-2027

RSP 2025-2027 comprises a three-year retention period, with awards potentially delivered in 2028 in listed shares of Metso Corporation.

The aggregate maximum number of shares to be paid based on RSP 2025-2027 is approximately 450,000 shares (referring to gross earnings before the withholding of the applicable payroll tax).

The final materialized value of each of the above-mentioned plans will be based on both the degree to which the performance targets set by the Board of Directors are being achieved (regarding PSP) and changes in Metso’s share price.

METSO CORPORATION

Board of Directors

Further information:

Nina Kiviranta, General Counsel, tel. +358 20 529 2017

Juha Rouhiainen, Vice President, Investor Relations, tel. +358 20 484 3253
 

Distribution:

Nasdaq Helsinki Ltd

Main media

www.metso.com

Metso is a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally. We improve our customers’ energy and water efficiency, increase their productivity, and reduce environmental risks with our product and process expertise. We are the partner for positive change.  

Headquartered in Espoo, Finland, Metso employs over 17,000 people in close to 50 countries and sales for 2023 were about EUR 5.4 billion. The company is listed on the Nasdaq Helsinki. metso.com, x.com/metsoofficial