Finnish forest industry company Stora Enso has announced two new long-term incentive plans for its key employees.
The Board of Directors approved these share-based plans on December 12, 2024, aiming to align employee interests with shareholder value and retain top talent.
The plans, set to cover approximately 300 employees, have a maximum opportunity of EUR 20 million at the time of grant. Rewards will be distributed as Stora Enso R shares and cash, with the cash portion intended to cover associated taxes and social security contributions.
The first initiative, the Performance Share Plan 2025–2027, will measure performance based on earnings per share, total shareholder return, CO2 emission reduction, and gender balance in managerial positions. Rewards will be allocated after the three-year performance period, contingent on continued employment.
The second program, the Restricted Share Unit Plan 2025–2027, targets key employees and will distribute rewards after December 31, 2027, also subject to ongoing employment.
Stora Enso's Group Leadership Team members are expected to maintain company shares valued at their annual gross salary while serving on the team.
These new incentive plans reflect Stora Enso's commitment to motivating and retaining high-caliber employees while aligning remuneration with the company's long-term strategy and financial interests.
