2019-12-13 15:55:32 CET

2019-12-13 15:55:43 CET


REGULATED INFORMATION

English
Elisa - Other information disclosed according to the rules of the Exchange

Elisa’s Board of Directors resolved on new performance period for the key personnel incentive plan


ELISA STOCK EXCHANGE RELEASE 13 DECEMBER 2019 AT 4:55 PM

Elisa has a share-based incentive plan for the key personnel, which includes
three three-year performance periods, calendar years 2018–2020, 2019–2021 and
2020–2022.

Elisa’s Board of Directors has decided that the rewards to be paid on the basis
of the performance period 2020–2022 correspond to the value of an approximate
maximum total of 407,600 Elisa shares (including also the proportion to be paid
in cash). The potential reward on the basis of the performance period 2020–2022
will be paid partly in shares and partly in cash in 2023. The Performance Share
Plan is directed to a maximum of 200 people. The potential reward of the Plan
from the performance period 2019–2021 will be based on earnings per share (EPS),
on the new business revenue and on other essential goals.

The CEO of the Company and a member of the Corporate Executive Board must hold a
minimum of 50 per cent of the net shares given on the basis of the plan, until
the CEO’s shareholding in the Company in total corresponds to the value of his
annual salary and, respectively, the member’s shareholding in the Company in
total corresponds to the value of half of his or her annual salary.

Elisa has issued a stock exchange release for the share incentive plan on 15
December 2017.

ELISA CORPORATION

Vesa Sahivirta
IR Director
tel. +358 50 520 5555

Distribution:

Nasdaq Helsinki
Principal media
www.elisa.com