SRV Yhtiöt Oyj: Establishment of a share-based long-term incentive scheme for the management and selected key employees of SRV Group Plc
SRV GROUP PLC STOCK EXCHANGE RELEASE 3 MARCH 2026 12:50 EET
Establishment of a share-based long-term incentive scheme for the management and selected key employees of SRV Group Plc
The Board of Directors of SRV Group Plc has decided on the establishment of a new share-based long-term incentive scheme for the company's management and selected key employees. The incentive scheme comprises a Performance Share Plan (also PSP) and a Restricted Share Plan (also RSP). RSP is established as a complementary share-based long-term retention plan for individually selected key employees in specific situations.
The objectives of the share-based long-term incentive scheme are to align the interests of SRV's management and key employees with those of the company's shareholders and, thus, to promote shareholder value creation in the long term, to motivate management and key employees to achieving SRV's strategic targets and the retention of key resources.
Performance Share Plan
The Performance Share Plan consists of annually commencing individual performance share plans. Each plan comprises a three-year performance period which is followed by the payment of the potential share rewards in listed shares of SRV. The commencement of each new plan is subject to a separate decision of SRV's Board of Directors.
The first plan, PSP 2026-2028, commences effective as of the beginning of 2026 and the potential share rewards payable thereunder will be paid during H1 2029. The payment of the rewards is conditional on the achievement of the performance targets which the Board of Directors has set for the plan.
The performance measures based on which the potential share reward under PSP 2026-2028 will be paid are the operative operating profit, the total shareholder return of SRV's share (absolute TSR) and the structure of the order backlog.
Eligible for participation in PSP 2026-2028 are approximately 50 individuals, including the members of SRV's Corporate Executive Team.
If the performance targets set for PSP 2026-2028 are fully achieved, the aggregate maximum number of shares to be paid based on this plan is approximately 450,000 shares (referring to gross earning, from which the applicable payroll tax is withheld and the remaining net earning paid in shares).
Restricted Share Plan
The Restricted Share Plan consists of annually commencing individual restricted share plans. Each plan comprises a restriction period with an overall length of three years, extending to H1 the fourth year of the individual plan. During the plan period the company may grant share rewards of fixed amount to individually selected key employees. The granted share rewards are paid in one or several tranches at the latest by the end of the restriction period. The share rewards are paid in listed shares of SRV. The commencement of each new plan is subject to a separate decision of SRV's Board of Directors.
The first plan, RSP 2026-2028, commences effective as of the beginning of 2026 and the share rewards potentially granted thereunder will be paid during H1 2029 at the latest.
The aggregate maximum number of shares payable as a reward based on RSP 2026-2028 is approximately 50,000 shares (referring to gross earning, from which the applicable payroll tax is withheld and the remaining net earning paid in shares).
Other terms
The value of the rewards payable under the plans is limited by a maximum cap linked to share price development.
If the individual's employment with SRV terminates before the payment of the reward, the individual is, as a main rule, not entitled to any reward based on the respective plan.
Each member of SRV's Corporate Executive Team is expected to retain in his/her ownership at least half of the shares received under the share-based incentive plans of the company until the value of his/her share ownership in the company for the part of the Chief Executive Officer corresponds to at least the CEO's annual gross base salary and for the part of the other members of the Corporate Executive Team at least half of their annual gross base salary. In addition to the above, the CEO shall comply with the conditions of share ownership set out in the company's remuneration policy for the governing bodies at any given time.
SRV GROUP PLC
For further information, please contact:
Liisa Krogerus, General Counsel, tel. +358 (0)400 249 251, liisa.krogerus@srv.fi
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Nasdaq Helsinki
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SRV in brief
SRV is a Finnish developer and innovator in the construction industry. We are building a more sustainable and responsible urban environment that fosters economic value and takes the well-being of both the environment and people into consideration. We call this approach life-cycle wisdom. Our genuine engagement and enthusiasm for our work comes across in every encounter - and listening is one of our most important ways of working. We believe that the only way to change the world is through discussion.
Our company, established in 1987, is listed on the Helsinki Stock Exchange. Our operations focus on growth centers in Finland. In 2025, our revenue totalled EUR 705.6 million. In addition to approximately 700 in-house staff, we have a network of around 2,900 partners.
SRV - Building for life