Performance share plans

Performance share plan 2011-2015

On 7 February 2011 the Board of Directors of Pöyry PLC approved a performance share plan to succeed the plan ending in 2010. The plan was established as part of the incentive and commitment programme for the key personnel of the company and its subsidiaries. The performance share plan offers the some 300 annually nominated participants the opportunity to receive Pöyry shares as a reward for attaining targets established for the earning period.

The plan has three earning periods, each with a duration of three calendar years. The earning periods comprise the calendar years 2011-2013, 2012-2014 and 2013-2015. The Board of Directors shall annually determine the target and maximum amount of the rewards, the vesting conditions and the targets established for them. The extent to which the targets established for the vesting conditions are attained will determine how large a portion of the target reward will be paid to the participants. The reward paid on the basis of the performance share plan will be paid by the end of April of the year following the close of the earning period as a combination of shares and cash. The reward’s cash component is intended for taxes and tax-related costs arising from the reward payment. The reward will not be paid if the person’s employment ends before the possible reward payment.

Additional information about the Performance share plan 2011-2015 in relevant Annual Reports and Company Announcements.

Terms and conditions of Pöyry performance share plan 2011-2015

Performance share plan 2008 –2010

On 10 December 2007 the Board of Directors of Pöyry PLC approved a performance share plan targeting some 300 annually nominated participants. The plan was established as part of the incentive and commitment programme for the key personnel of the company and its subsidiaries. The performance share plan offers the participants the opportunity to receive Pöyry shares as a reward for attaining targets established for the earning period. The plan had three earning periods, each with a duration of one calendar year. The reward paid on the basis of the performance share plan was paid by the end of April of the year following the close of the earning period as a combination of shares and cash. The person who has been given the reward must hold the earned shares and remain employed for at least two years after the close of the earning period.The earning periods comprised the calendar years 2008, 2009 and 2010.

Additional information about the Performance share plan 2008-2010 in relevant Annual Reports and Company Announcements.

Terms and conditions of the Pöyry Performance Share Plan 2008-2010