Wärtsilä’s Board of Directors decides on a new share-based incentive scheme

Wärtsilä’s long-term incentive scheme 2019 comprises 6,542,000 incentive rights. The reward is paid in shares. The reward is based on the share price development during a three-year period, with a starting share price of EUR 16.76. The reward cannot exceed EUR 6.56 per incentive right and it takes into account 100% of dividends paid out during the performance period and reinvested in the Company’s shares. The 2019 scheme will be due for payment in February 2022. The bonus scheme applies to Wärtsilä’s senior management, consisting of approximately 100 directors.

The principles relating to Wärtsilä’s long-term incentive schemes are further described in the Company’s remuneration report and on its website.
Source: Wärtsilä