Performance period 2026-2028 of Fondia's share-based commitment and incentive plan
Fondia Plc
Company release
2025-12-17 at 8.40 a.m. EET
In October 2021, Fondia Plc announced the company's decision to introduce a new share-based commitment and incentive program for employees (the "share plan"). The purpose of the share plan is to promote the achievement of the company's financial targets and to offer participants a competitive long-term incentive system, thereby increasing shareholder value. The share plan is performance-based and consists of earning periods ("performance period") lasting three financial years. The Board of Directors decides annually on the commencement of a new performance period as well as its terms and participants. The previous performance periods of the share plan are the years 2022-2024, 2023-2025, 2024-2026, and 2025-2027. Fondia announced changes to the terms of the share plan on 3 April 2025.
The Fondia Board has now decided on the fifth performance period of the share plan. The fifth performance period of the share plan commences on 1 January 2026 and concludes on 31 December 2028.
Participants in the share plan will have the opportunity to earn shares in Fondia Plc based on performance criteria set by the Board of Directors related to the financial and strategic performance of the company. For the fifth performance period 2026-2028, the target group includes approximately 30 individuals working for Fondia Group selected by the Board. During the 2026-2028 period, rewards are based on the average adjusted EBITDA margin (EBITDA-%) over the performance period and the total shareholder return (TSR) of the share.
The rewards are paid to participants entirely in Fondia Plc shares. If the maximum targets set for the performance criteria of the 2026-2028 performance period are achieved, the total number of rewards to be paid under this period will be a maximum of approximately 100,000 Fondia Plc shares, corresponding to a value of 453,360 euros, calculated based on the volume-weighted average price of Fondia's share in November 2025. Any potential rewards from the share plan will be paid after the end of the performance period, no later than the end of May 2029.
The Board may, in accordance with the terms of the share plan, decide during the performance period to admit new participants to the plan. If a participant's employment or service relationship ends before the reward is paid, the reward is generally not paid.
Fondia Plc
For further information, please contact:
Timo Lappi, CEO, tel. +358 40 756 7809
Harri Savolainen, CFO, tel. +358. 40 502 1919
Certified Adviser Aktia Alexander Corporate Finance Ltd, tel. +358 50 520 4098
Fondia in brief
Fondia solves the legal needs of companies by combining the best services from internal legal departments and law firms. Fondia operates in Finland, Sweden, Estonia, and Lithuania. Fondia employs around 170 people. The Group's net sales in 2024 were EUR 25.6 million.
Distribution:
Nasdaq Helsinki Ltd
Key media