Stock Grant Plans
Stock Grant Plans
The Plan is reserved for the Group’s Executive Directors, Senior Executives and other Senior Managers, as identified by name on one or more occasions and for each three-year cycle.
The adoption of the Plan is a tool to incentivise and instil loyalty among managers and seeks to align the interest of the Beneficiaries with those of shareholders in the medium to long term, to reward the achievement of the Group’s business plan targets and to retain strategic personnel for implementation of the Company and Group development plan.
The Plan shall be one of the instruments used by the Company and the Group to supplement the fixed remuneration component of key personnel with variable components based on certain performance targets and in accordance with best market practice and with the provisions of the Corporate Governance Code.
The adoption of the Plan, covering categories of parties presenting different characteristics (such as the Executive Directors, the Senior Executives and the Senior Managers), in addition has a specific purpose - in line with the remuneration policy of the Company for 2022 - of aligning the remuneration structure of key personnel for the Company and/or the Group
The Plan shall be one of the instruments used by the Company and the Group to supplement the fixed remuneration component of key personnel with variable components based on certain performance targets and in accordance with best market practice and with the provisions of the Corporate Governance Code.
The adoption of the Plan, covering categories of parties presenting different characteristics (such as the Executive Directors, the Senior Executives and the Senior Managers), in addition has a specific purpose - in line with the remuneration policy of the Company for 2022 - of aligning the remuneration structure of key personnel for the Company and/or the Group
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