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

Sampo to launch a new long-term incentive scheme

SAMPO PLC      STOCK EXCHANGE RELEASE     14 September 2017 at 5.15 pm


Sampo to launch a new long-term incentive scheme


Sampo plc's Board of Directors has today decided to adopt a new long-term
incentive scheme 2017:1 for the management of Sampo Group (including the Group
CEO) and other key employees of Sampo Group. Sampo Board Members are not
included in the scheme. The total number of participants in the long-term
incentive scheme is 117. The incentive scheme complies with the Sampo Group
Remuneration Principles and the remuneration policies of the relevant Sampo
Group companies.

The maximum number of the incentive units shall be 4,500,000 in total for the
Group. A maximum of 95 per cent of the incentive units may be allocated during
September to October 2017 and the remaining incentive units may be allocated
during September to October 2018. Allocations in September and October 2018 may
be directed to new recruits or to current employees with materially changed
circumstances.

The allocation of incentive units shall be based on a combination of the
assessment of the performance of the individual, of the business area and/or
business unit concerned and of the overall results of the relevant Sampo Group
company, the division and/or of Sampo Group. Also qualitative criteria shall be
taken into account in the assessment, such as the compliance with internal and
external rules for the business.

The potential incentive reward will be paid in three installments. The first
installment, based on 30 per cent of the granted incentive units, will be paid
by the end of September 2020, the second installment, based on 35 per cent of
the granted incentive units, will be paid by the end of September 2021 and the
third installment, based on 35 per cent of the granted units, will be paid by
the end of September 2022.

A deferral rule applies to incentive rewards paid to key employees who are
subject to the deferral rule in accordance with the remuneration policies of the
relevant Sampo Group companies in force at the launch of this incentive schemes.
The identified staff shall, when each installment is paid or at the first
possible opportunity, taking into account the insider regulations, purchase
Sampo A shares on a regulated market or a multilateral trading facility in which
the Sampo A share is publicly traded with 50 per cent of the installment after
deducting income tax and other comparable charges. If a member of the identified
staff is subject to a higher deferral percentage in accordance with mandatory
regulation or the remuneration policy of the relevant Sampo Group company in
force at the time of payment of the installment, the higher percentage shall be
applied to the purchase of the Sampo A shares. The Sampo A shares shall be
subject to disposal restrictions for three years from the date when the
installment was paid.

The incentive rewards to be paid shall be based on the share price development
of the Sampo A share, on the insurance margin in If P&C Insurance, on the return
on capital at risk and on the number of theoretical incentive units granted. The
threshold values for the performance conditions are presented in the terms and
conditions of the incentive scheme 2017:1 available at
www.sampo.com/incentiveterms. The starting price and a theoretical market price
for the scheme are available at the same address in week 40.

The core of the Remuneration Principles of Sampo Group is that all remuneration
systems in Sampo Group shall safeguard the long-term financial stability of the
Group and shall comply with regulatory and ethical standards. Risk sensitive but
fair and rewarding compensation mechanisms enhance Sampo Group's ability to
create stakeholder and shareholder value.


SAMPO PLC

Jarmo Salonen
Head of Investor Relations and Group Communications


For further information, please contact:

Jarmo Salonen
Head of Investor Relations and Group Communications
tel. +358 10 516 0030

Maria Silander
Communications Manager
tel. +358 10 516 0031



Distribution:
Nasdaq Helsinki
London Stock Exchange
The principal media
Financial Supervisory Authority
www.sampo.com


[]