The Board of Directors of Enersense decided on the Group key employee incentive plan Enersense International Plc | Stock Exchange Release | February 28, 2025 at 12:50:00 EET The Board of Directors of Enersense International Plc has decided on two new share-based incentive plans directed to the Group key employees. The aim is to align the objectives of the shareholders and key employees for increasing the value of the company in the long term, to retain the key employees at the company and to offer them competitive incentive plans that are based on earning and accumulating the company’s shares. The rewards will be paid partly in Enersense International Plc shares and partly in cash. The cash proportions of the rewards are intended for covering taxes and statutory social security contributions arising from the rewards to the participants. In general, no reward is paid if the participant’s employment or director contract terminates before the reward payment. Performance Share Plan 2025–2027 The Performance Share Plan 2025–2027 consists of one performance period, covering the financial years 2025–2027. In the plan, the target group is given an opportunity to earn Enersense International Plc shares based on performance. The potential rewards based on the plan will be paid after the end of the performance period, in spring 2028. The rewards of the plan are based on the absolute total shareholder return of the company’s share for the financial years 2025–2027 and the Group’s EBITDA in euros for the financial years 2026 and 2027. In addition, the plan’s criteria include the promotion of sustainability initiatives, including the reduction of greenhouse gas emissions throughout the value chain and the promotion of carbon handprint in the offering and the diversity of the personnel. The rewards to be paid based on the plan correspond to the value of an approximate maximum total of 620 538 Enersense International Plc shares, also including the proportion to be paid in cash. Approximately 40 persons, including the CEO and other members of the Group Executive Team, belong to the target group of the plan. The CEO of Enersense International Plc and the member of the Group Executive Team must own at least 50 per cent of the shares received as a net reward from the share-based incentive plans, until the value of the CEO’s shareholding in Enersense International Plc equals to his annual base salary of the preceding year, and until the value of other Group Executive Team member’s shareholding in Enersense International Plc equals to 50 per cent of their annual base salary of the preceding year. Such number of Enersense International Plc shares must be held as long as the membership in the Group Executive Team continues. Restricted Share Plan 2025–2027 The reward from the Restricted Share Plan 2025–2027 is based on a valid employment or director contract and on the continuity of the employment or service during a vesting period. The reward will be paid after the end of a 24–36-month vesting period. The plan is intended for selected key employees only. The rewards to be allocated based on the Restricted Share Plan during the years 2025–2027 correspond to the value of a maximum total of 20 000 Enersense International Plc shares, also including the proportion to be paid in cash. ENERSENSE INTERNATIONAL PLCThe Board of Directors Further information: Liisi TamminenHead of Communications and SustainabilityTel.: +358 44 2225 552liisi.tamminen@enersense.com Distribution:Nasdaq HelsinkiKey mediawww.enersense.com
