Last update: 15 April 2025
Share-based long-term incentive plan
All AGM’s for the years 2013 till 2025 approved the Board’s proposal relating to the introduction of a share-based long-term incentive plan.
The plan aligns the interests of the shareholders with those of the Group Management Team and other key employees in order to ensure maximum long-term value creation. A personal shareholding in Cloetta is required for all participants.
Share-based long-term variable compensation consists of the share-based long-term incentive plans, which are resolved on yearly by the AGM. It is aimed at increasing value for the Group’s shareholders by promoting and upholding the senior management’s commitment to the Group’s development, and thereby aligning the interests of the shareholders with those of the Group Management Team and other key employees in order to ensure maximum long-term value creation.
The targets for share-based long-term variable compensation deviate for each plan. The targets for LTIP 2025 are Total Shareholders Return (TSR), the compound annual growth rate of Net Sales and adjusted operating profit margin.