Tokmanni Group’s Board of Directors confirmed the criteria for the new Performance Share Plan PSP 2025–2027 and realisation of the Restricted Share Plan RSP 2024–2026

Tokmanni Group Corporation        Stock exchange release        7 March 2025 at 8:10 am

Tokmanni Group Corporation’s Board of Directors has decided to include a total of approximately 80 key management and key employees of the company in the target group of the Tokmanni Group's share-based Performance Share Plan (PSP) for the earning period 2025–2027. If all the performance targets set for PSP 2025–2027 are fully achieved, the aggregate maximum number of shares to be paid based on this plan is approximately 230,000 shares (referring to gross reward, from which the applicable payroll tax is withheld before share delivery).

The Board of Directors has also confirmed the performance criteria for the PSP 2025–2027. The criteria are earnings per share, the relative total shareholder value (TSR, %) as well as an environment scope 3 climate target and target related to DEI (diversity, equity, inclusion).

The Performance Share Plan structure consists of annually commencing individual Performance Share Plans, each with a three-year performance period, followed by the payment of the potential share rewards. The Board of Directors of the Tokmanni Group shall decide on each new plan, its earning period and other related details separately. The first individual plan within the new PSP structure, PSP 2024–2026, commenced as of the beginning of 2024 and the rewards potentially earned thereunder will be paid in listed shares of Tokmanni Group during the first half of 2027. The payment of the rewards is conditional on the achievement of the performance targets set by the Board of Directors for the plan.

Criteria for PSP 2025-2027 program

Realisation of Restricted Share Plan

The Restricted Share Plan structure consists of annually commencing individual restricted share plans. The first individual plan, RSP 2024–2026, commences effective as of the beginning of 2024 and the share rewards payable thereunder are paid in annual tranches during the restriction period.

Based on the RSP 2024–2026 program, the Board of Directors decided to transfer a total of 6,674 of the company's own shares to 54 Tokmanni Group key management and key employees in the target group. The Board of Directors decided to transfer the shares during the current month. The transfer is based on the authorization granted to the Board of Directors by the Annual General Meeting on 23 April 2024.

The aggregate maximum number of shares payable as a reward based on RSP 2024–2026 is approximately 50,000 shares (referring to gross reward, from which the applicable payroll tax is withheld before share delivery).

The PSP and RSP plans were communicated in a stock exchange release on 13 December 2023.

For further Information, please contact

Tapio Arimo, CFO, Tokmanni Group, tel. +358 20 728 7390, tapio.arimo(at)tokmanni.fi

Tokmanni Group in brief

Tokmanni Group Corporation is one of the leading variety discount retailers in the Nordics. More than 6,000 employees in Finland, Sweden and Denmark make customers’ everyday life and special occasions easier by offering a versatile and up-to-date assortment of nordic and international brand-name products and other high-quality products at prices that are always affordable. With more than 370 Tokmanni, Dollarstore, Big Dollar, Click Shoes and Shoe House stores and online stores, the Group is always close to its customers. In 2024, the Group's revenue was EUR 1 675 million and comparable EBIT amounted to EUR 100 million. The Tokmanni Group Corporation's shares are listed on Nasdaq Helsinki.

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Nasdaq Helsinki
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