Incentive programs

Long-term incentive program (LTIP 2024)

At an extraordinary general meeting held on 20 March 2024, a long-term incentive proogram was adopted by way of a directed issue of warrants and subsequent transfer to the participants. The program is directed to the CEO, group management and other key individuals in the Catella Group. The program comprises in total a maximum of 4,700,000 warrants distributed between five series (2024/2027, 2024/2028, 2025/2029, 2026/2030 and 2027/2031).

Incentive program (LTIP 2020)

At an extraordinary general meeting held on 21 december 2020, an incentive program was adopted by way of a directed issue of warrants and subsequent transfer to the participants. The program is directed to senior eexecutives and other key individuals. The program comprisesin total a maximum of 3,000,000 warrants distributed between two series (2020/2024:A and 2020/2025:B).

At an extraordinary general meeting held on 20 March 2024, it was resolved to make a conditional offer to repurchase warrants from holders in LTIP 2020 who are still employed within the Catella Group. Following completion of the repurchase offer, 175,000 warrants are outstanding in series 2020/2024:A, which may be exercised into Class B shares in Catella AB from and including 1 June 2024 up to and including 15 June 2024, and 175,000 warrants of series 2020/2025:B, which may be exercised into Class B shares in Catella AB from and including 1 June 2025 up to and including 15 June 2025. The warrants that have been repurchased, together with the warrants previously held in treasury by Catella, has been cancelled.

For further information about the incentive programs, such as terms and number of warrants, please refer to the full proposals for each program that can be found on the page "General meetings". Information about outstanding programs as per 31 December each year is available in the annual reports on the page "Financial reports".