Neste's Board of Directors decided on a new plan period within the share-based long-term incentive scheme for key employees
Neste Corporation, Stock Exchange Release, 10 December 2025 at 2:45 p.m. (EET)
The Board of Directors of Neste Corporation has approved the commencement of a new plan period within the share-based long-term incentive scheme for Neste's key employees. The scheme comprises a Performance Share Plan (also "PSP") targeted to Neste's management and selected key employees and a Restricted Share Plan (also "RSP") which serves as a complementary structure for individual retention and recognition and for other specific situations.
Neste originally announced the establishment of the long-term incentive scheme on 12 June 2025.
Performance Share Plan (PSP) 2026-2028
The next individual plan within the PSP structure, PSP 2026-2028, commences effective as of the beginning of 2026 and the potential share reward thereunder will be paid during the first half of 2029. The payment of the reward is conditional on the achievement of the performance metrics the Board of Directors has set for the plan.
The performance metrics based on which the potential share reward under PSP 2026-2028 will be paid are Renewable Fuels Sales Volume and Neste comparable ROACE. The performance metrics of the scheme are strongly linked to Neste's ambitious climate targets, such as the positive climate impact, carbon handprint, resulting from customers replacing fossil fuels with renewable fuels produced by Neste.
Eligible to participate in PSP 2026-2028 are approximately 120 individuals, including the members of Neste Leadership Team.
If all the performance metrics set for PSP 2026-2028 plan are fully achieved, the aggregate maximum number of shares to be paid based on this plan is approximately 1,020,000 shares (referring to gross earning, from which the applicable payroll tax is withheld, and the remaining net value is paid to the participants in shares).
The estimated aggregate gross value of this plan, based on the current value of the share of Neste, is approximately EUR 17.6 million. The materialized value of the plan may deviate from this estimate as a result of share price development and the degree to which the performance metrics set for the plan are achieved.
If the individual's employment with Neste terminates before the payment date of the share reward, the individual is, as a main rule, not entitled to any reward based on the plan.
Restricted Share Plan (RSP) 2026-2028
The next plan within the Restricted Share Plan structure, RSP 2026-2028 commences effective as of the beginning of 2026, and the potential share reward thereunder will be paid during the first half of 2029 at the latest.
A precondition for the payment of the share reward based on the Restricted Share Plan is that the employment or service of the individual with Neste continues until the payment date of the reward.
The aggregate maximum number of shares to be paid based on RSP 2026-2028 is approximately 102,000 shares (referring to gross earning, from which the applicable payroll tax is withheld, and the remaining net value is paid to the participants in shares).
The estimated aggregate gross value of this plan, based on the current value of the share of Neste, is approximately EUR 1,8 million. The materialized value of the plan may deviate from this estimate as a result of share price development and the amount of share grants made based on the plan.
Other terms
The amount of rewards payable to participants based on Neste's long-term incentive scheme is limited by a pay cap set by the company's Board of Directors.
Neste applies a share ownership policy to the members of the Neste Leadership Team. The members of Neste Leadership Team shall retain in their ownership at least half of the shares received under the share-based incentive programs of the company until the value of their share ownership in Neste corresponds to at least their annual gross base salary.
Neste Corporation
Board of Directors
Further information:
Hannele Jakosuo-Jansson, Executive Vice President, People & Culture, Neste
Please contact Neste's media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste's releases at https://www.neste.com/media/subscribe.