NORRHDYRO GROUP PLC'S BOARD OF DIRECTORS HAS DECIDED ON SHARE-BASED INCENTIVE PLANS

Norrhydro Group Plc - Company Announcement 18th December 2025 at  2:00 PM

Norrhydro Group Plc's Board of directors has decided to establish a new long-term share-based incentive plan for the Group’s key personnel. The purpose of the incentive plans is to align the objectives of the company, its shareholders, and key personnel to increase the company’s value in the long term, to commit key personnel to the company, and to offer them competitive reward systems based on earning and accumulating the company’s shares as well as the appreciation of the share price.

Share Reward Plan 2026–2030

The share reward plan for the period 2026–2030 consists of three earning periods of three years each: calendar years 2026–2028, 2027–2029, and 2028–2030. The Board of Directors will decide on the earning criteria and the targets set for each criterion at the beginning of each earning period.

For the earning period 2026–2028, the reward is based on the primary earning criteria, i.e., the Group’s cumulative revenue for the years 2026–2028 and the average EBITDA for the years 2026–2028, as well as the secondary earning criterion, i.e., the average share of revenue from the Group’s Digital Solutions business in the Group’s total revenue for the years 2026–2028.

The rewards payable for the earning period 2026–2028 correspond to a total value of approximately 180,000 Norrhydro Group Oyj shares, including the portion paid in cash. The target group of the share reward plan for the earning period 2026–2028 includes approximately 15 key personnel.

General

The rewards under the share-based incentive plan will be paid partly in Norrhydro Group Oyj shares and partly in cash. The cash portion is intended to cover taxes and tax-related charges arising from the rewards paid to participants. As a rule, no reward will be paid if the participant’s employment or executive agreement ends before the payment of the reward.

A member of the company’s management team must hold at least 50 percent of the net shares received under the new plans until the value of the member’s shareholding in the company equals half of their annual salary. This shareholding must be maintained for as long as the person remains a member of the management team.

Further enquiries:

Yrjö Trög

CEO

Norrhydro Group Oyj

Tel. +358 400 291 229

yrjo.trog@norrhydro.com

Certified Adviser:

Translink Corporate Finance Oy

Jari Lauriala, Managing Partner

Tel. +358 40 091 8855

jari.lauriala@translinkcf.fi

Sami Miettinen, Partner

Tel. +358 400 735 835

sami.miettinen@translinkcf.fi

Distribution:

Nasdaq Helsinki Oy

Key media

https://www.norrhydro.com/fi

Norrhydro Group Plc in brief

Norrhydro, founded in 1985, is a Finnish forerunner in motion control and a provider of energy-efficient hydraulic cylinders and system suppliers specialising in high-quality, customised and energy-efficient hydraulic cylinders and demanding linear motion control systems and mobile equipment. The company has 40 years of experience in developing and manufacturing customised hydraulic cylinders and liners motion control systems for the most demanding conditions and environments. In 2024, the company generated revenues of EUR 24,2 million, EBITDA of EUR 1,3 million and operating profit of EUR -0.09 million.