Technopolis - Company Announcement

Technopolis Board Decided on Share-Based Incentive Plans for Key Personnel

TECHNOPOLIS PLC             STOCK EXCHANGE RELEASE                  DEC 8, 2015
AT 4.00 P.M. 

Technopolis Board Decided on Share-Based Incentive Plans for Key Personnel

The Board of Directors of Technopolis Plc has decided on share-based incentive
plans for the group’s key personnel. The aim of the incentive plans is to
support implementation of the company’s strategy, align the goals of
shareholders and key personnel to increase the value of the company, and commit
key personnel by means of a reward plan based on share ownership. 

Long-Term Performance Share Plan 2016-2020

The Board of Directors decided on a new long-term performance share plan for
key personnel for years 2016-2020. 

The incentive plan comprises three three-year earning periods: calendar years
2016-2018, 2017-2019 and 2018-2020. For each earning period, the Board will
separately decide on key personnel to be covered by the plan and the maximum
reward for each employee. The Board will also set the earning criteria of the
plan and related objectives separately for each earning period. The amount of
the reward paid to a key employee depends on the achievement of the objectives
set for the earning criteria. 

The target group of the plan consists of approximately twenty people. The
maximum reward for a key employee comprises both company shares and a cash
proportion. Based on the entire plan, a total maximum of 780,000 Technopolis
Plc shares can be granted, plus a cash amount at maximum corresponding to the
value of all shares conveyed at the time of registration. The cash proportion
is intended to cover taxes and tax-related costs incurred to the participant
due to the reward. The reward from the plan will be paid to key personnel after
the end of each earning period, by end of May in years 2019, 2020 and 2021. 

A restriction on assignability applies to the rewarded shares. The restriction
is in force during the commitment period, which commences from the payment of
the reward and ends on May 31, 2020 for the shares earned in the period
2016-2018, on May 31, 2021 for the shares earned in the period 2017-2019, and
on May 31, 2022 for the shares earned in the period 2018-2020. 

Matching Share Plan 2016

The new matching share plan includes one performance period, calendar year
2016. The prerequisite for receiving reward on the basis of this plan is that a
person participating in the plan acquires company shares up to the number
determined by the Board of Directors. Furthermore, payment of reward is based
on participant´s employment or service upon reward payment. The total number of
performance shares granted is tied to the performance of the company measured
by Total Shareholder Return (TSR). 

The rewards from the matching share plan will be paid partly in the company’s
shares and partly in cash in 2017. The cash proportion is intended to cover
taxes and tax-related costs incurred to the participant due to the reward. As a
rule, no reward will be paid if a participant´s employment or service ends
prior to the time of reward payment. The shares granted as reward may be
transferred after an approximate one-year restriction period established for
the shares. The restriction period will end on June 30, 2018. 

The target group of the plan consists of approximately ten people. The rewards
to be paid on the basis of the matching share plan correspond to the value of
an approximate maximum total of 85,000 Technopolis Plc shares as well as a cash
amount at maximum corresponding to the value of all shares conveyed at the time
of registration. 

Technopolis Plc has in total 106,511,632 shares, of which the Group held
1,686,872 own shares as of December 7, 2015. 

More information on the share-based incentive programs can be found on the
company website. 

Technopolis Plc

More information:

Carl-Johan Granvik
Chairman of the Board of Directors
Tel. +358 50 1698

Technopolis provides the best addresses where companies can operate and succeed
in five countries in the Nordic-Baltic region. The company develops, owns and
operates a chain of 20 smart business parks that combine services with flexible
and modern office space. The company’s core value is to continuously exceed
customer expectations by providing outstanding solutions to 1,700 companies and
their 47,000 employees in Finland, Norway, Estonia, Russia and Lithuania. The
Technopolis Plc share (TPS1V) is listed on Nasdaq Helsinki.