Fiskars - Other information disclosed according to the rules of the Exchange

New periods to start within the share-based long-term incentive programs of Fiskars Group

Fiskars Corporation
Stock exchange release
February 6, 2025 at 08.55 a.m. EET

New periods to start within the share-based long-term incentive programs of
Fiskars Group

The Board of Directors of Fiskars Corporation has approved the launch of new
periods for the years 2025-2027 within the Performance Share Plan and Restricted
Share Plan, which form a part of Fiskars Group's remuneration program for its
key employees. The aim of the plans is to support the implementation of the
company's strategy and drive profitable growth and to align the objectives of
key employees with the shareholders to increase the value of the company.

Performance Share Plan

The Performance Share Plan consists of annually commencing individual
performance share plans, each with a three-year performance period, followed by
the payment of the potential share reward. The Board of Directors will decide
separately the commencement of each individual plan, the performance criteria
and related targets of the plan, the participants and the minimum, target and
maximum rewards for each participant. The amount of the reward paid to a key
person depends on achieving the pre-established targets. No reward will be paid
if targets are not met or if the participant's employment or service ends before
reward payment.

For the 2025-2027 performance period, the plan has a maximum of 70 participants
and the performance targets relate to the company's absolute total shareholder
return, cumulative comparable EBIT and advancing circular products and services.
If the targets of the plan are reached, rewards will be paid to participants in
the spring of 2028.

If all maximum performance targets are reached, the reward payable in shares on
the basis of the 2025-2027 performance period would amount to a total gross
maximum of 700,000 shares. For reference purposes only (noting that the market
value of the shares will constantly change), calculated based on the volume
weighted average price of Fiskars share on February 5, 2025, the estimated total
value of this 2025-2027 performance period is approximately EUR 10.4 million.

Restricted Share Plan

The Restricted Share Plan consists of annually commencing individual restricted
share plans. Each plan comprises an overall three-year retention period during
which the company may grant fixed share rewards to individually selected key
employees as a long-term retention tool. The Board of Directors will decide
separately the commencement of each individual plan. The company may choose to
use a shorter retention period on a case by case basis within this overall three
-year period. The granted share rewards will be paid after the retention period.
No reward will be paid if the participant's employment or service ends before
reward payment.

For the 2025-2027 plan, the plan has a maximum of 30 participants and the share
rewards potentially granted thereunder will be paid in spring of 2028.

The aggregate total maximum number of shares to be paid based on the plan for
years 2025-2027 is gross maximum of 100,000 shares. For reference purposes only
(noting that the market value of the shares will constantly change), calculated
based on the volume weighted average price of Fiskars share on February 5, 2025,
the estimated total value of this 2025-2027 period is approximately EUR 1.5
million.

Other terms

For the plans for years 2025-2027, the maximum value of the reward payable to
each participant based on each of the above described plans is limited by a cap
linked to Fiskars share price development. Information about the other terms
applied to the plans has been published in a stock exchange release on December
10, 2020.

FISKARS CORPORATION

Further information:

Sanna Hellstedt, Director, Investor Relations (interim) and External
Communications, tel. +358 40 553 3151

Fiskars Group in brief

Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven
brands for indoor and outdoor living. Since 1649, we have designed products of
timeless, purposeful, and functional beauty, while driving innovation and
sustainable growth. In 2024, Fiskars Group's global net sales were EUR 1.2
billion and we had close to 7,000 employees. We have two Business Areas (BA),
Vita and Fiskars.

BA Vita offers premium and luxury products for the tableware, drinkware, jewelry
and interior categories. Its well-known brands include Georg Jensen, Royal
Copenhagen, Wedgwood, Moomin Arabia, Iittala and Waterford. In 2024, BA Vita's
reported net sales were EUR 605 million. Already 50% of BA Vita's net sales
comes from direct-to-consumer sales, comprising approximately 500 stores and
approximately 60 e-commerce sites.

BA Fiskars consists of the gardening and outdoor categories, in addition to the
scissors and creating, as well as cooking categories. The brands include Fiskars
and Gerber. In 2024, BA Fiskars' net sales were EUR 547 million.

Read more: fiskarsgroup.com