Etteplan Oyj - Company Announcement

The Board of Directors of Etteplan Oyj resolved on key personnel incentive plan to accelerate Company's growth

ETTEPLAN OYJ, STOCK EXCHANGE RELEASE, JUNE 3, 2014, AT 02.00 P.M.


THE BOARD OF DIRECTORS OF ETTEPLAN OYJ RESOLVED ON KEY PERSONNEL INCENTIVE PLAN
TO ACCELERATE COMPANY'S GROWTH 

Etteplan Oyj's Board of Directors has confirmed the Company's growth strategy
for years 
2014-2016. Etteplan raises its' target level and strives to achieve on average
15 per cent annual growth. The growth target includes both organic growth and
acquisitions. Company's other long-term financial targets remain to be
profitability, improvement of cash flow and increasing the share of Managed
Services of total revenue. 

Etteplan does not consider the long-term financial targets as market guidance
for any given year. 

In order to advance the achievement of Company's long-term growth and other
financial targets the Board of Directors of Etteplan Oyj has resolved to
establish a new share-based incentive plan for the Group key personnel. The aim
of the Plan is to combine the objectives of the shareholders and the key
personnel in order to increase the value of the Company, to commit the key
personnel to the Company, and to offer them a competitive reward plan based on
holding the Company shares. 

The Plan includes one earning period which includes calendar years 2014, 2015
and 2016. The earnings criteria are Etteplan Group´s revenue increase and the
development of Total Shareholder Return (TSR). 

The potential reward will be paid partly in the Company's shares and partly in
cash. The proportion to be paid in cash is intended to cover taxes and
tax-related costs arising from the reward to the key personnel. Approximately
12 people belong to the target group of the Plan. 

The rewards to be paid on the basis of the plan will correspond to the value of
an approximate maximum total of 450,000 Etteplan Oyj shares (including also the
proportion to be paid in cash). The shares to be paid out as potential rewards
will be transferred from the shares held by the company or shares acquired from
the market, and therefore the incentive plan will have no diluting effect on
the share value. 

Vantaa, June 3, 2014


Etteplan Oyj

Board of Directors


Additional information:
Juha Näkki, President and CEO, tel. +358 400 606 372


DISTRIBUTION:
NASDAQ OMX Helsinki
Major media
www.etteplan.com


Etteplan provides engineering planning services and technical product
information solutions to the world's leading companies in the manufacturing
industry. Our services are geared to improve the competitiveness of our
customers' products and engineering processes throughout the product life
cycle. The results of Etteplan's innovative engineering can be seen in numerous
industrial solutions and everyday products. 

In 2013, Etteplan had a turnover of EUR 128.6 million. The company has more
than 1,700 professionals in Finland, Sweden, the Netherlands and China.
Etteplan's shares are listed on NASDAQ OMX Helsinki Ltd under the ticker ETT1V.