Panostaja Oyj - Company Announcement

INCENTIVE AND COMMITMENT SCHEME FOR PANOSTAJA OYJ’S SENIOR MANAGEMENT TEAM 2016-2018

Panostaja Oyj        Stock Exchange Bulletin, December 11, 2015, 11:00

Panostaja Oyj’s (Panostaja) board has on December 10, 2015 decided to extend
the long-term share-based incentive and commitment scheme for the purpose of
rewarding the members of Panostaja’s Senior Management Team (Miikka Laine, Juha
Sarsama, Minna Telanne and Tapio Tommila) during the years 2016–2018. The
system combines the long-term interests of the Panostaja shareholders and
Senior Management Team while strengthening the management team members’
commitment to the company and enabling them to have significant entrepreneurial
ownership of Panostaja. 

As a requisite for participating in the system, a requirement has been placed
on the target group with regard to the number of Panostaja shares they must
own. If the annual goals are met, the target group has the opportunity to be
rewarded with more Panostaja shares. Based on the achievement of the goals set
for the financial period 11/2015–10/2016, a maximum number of 68,400 Panostaja
shares in total can be granted to the target group as bonuses. A potential
bonus may also be paid in cash to cover the taxes and tax-like payments arising
from the bonus. Members of the Senior Management Team are obliged not to sell
shares received as a bonus during a period of 27 months after receiving them. 



Panostaja Oyj

Juha Sarsama

CEO



Further information:

CEO Juha Sarsama +358 40 774 2099

CFO Tapio Tommila +358 40 527 6311



Panostaja is an investment company developing Finnish SMEs in the role of an
active majority shareholder. The company aims to be the most sought-after
partner for business owners selling their companies as well as for the best
managers and investors. Together with its partners, Panostaja increases the
Group's shareholder value and creates Finnish success stories. Panostaja
operates in eight business segments, and Panostaja Group employs some 1,200
staff. Panostaja’s shares (PNA1V) are quoted on the Nasdaq Helsinki Stock
Exchange. In the 2015 financial period, the Group’s official net sales totaled
MEUR 148.2. 
www.panostaja.fi