The Board of Directors of Talentum Oyj has approved a new share-based incentive plan for the Group Management. The plan includes three earning periods. The earning period lasts for at least one financial year and not more than three financial years. The first earning period began on 1 January 2007 and will end on 31 December 2007. The total length of the plan is five years. The rewards will be paid partly in the Company's shares and partly in cash payment after the end of each earning period. The proportion to be paid in cash will cover taxes and tax-related costs arising from the reward. It is prohibited to transfer the shares earned from the earning period 2007 within two years from the end of the earning period. After this, the CEO of the Company must, however, own 50% of the shares earned on the basis of the plan as long as the service of the CEO continues and one year after the end of the service. The Board of Directors will later decide on the following earning periods and transfer restrictions concerning shares earned on the basis of those earning periods. The potential reward from the plan for the earning period 2007 will be based on the Group's turnover and operating profit as well as on the total shareholder return of the Talentum share. The incentive plan is directed to approximately 10 key employees during the earning period 2007. If the targets of the plan are attained in full, the rewards to be paid on the basis of the plan will correspond to the gross value (including also the cash payment) of approximately 1,000,000 Talentum Oyj shares. TALENTUM OYJ Juha Blomster CEO FURTHER INFORMATION CEO Juha Blomster, tel. +358 20 442 4444 DISTRIBUTION Helsinki Stock Exchange Key Media
THE BOARD OF DIRECTORS OF TALENTUM APPROVED AN INCENTIVE PLAN FOR MANAGEMENT 8 MARCH 2007 AT 2.45 PM
| Source: Talentum Oyj