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

Wärtsilä Corporation
  • Stock exchange release
31 January 2018 at 9:00 AM E. Europe Standard Time

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

Wärtsilä’s bonus scheme 2018 comprises 1,717,000 bonus rights. The bonus payment is based on the share price development during the three-year period on the basis of a share price of EUR 67.74. The bonus cannot exceed EUR 25.40 per bonus right and it takes into account 100% of dividends paid. The 2018 bonus scheme will be due for payment in February 2021. 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.

For further information, please contact:

Kari Hietanen
Executive Vice President, Corporate Relations and Legal Affairs
Wärtsilä Corporation
Tel. +358 10 709 5609
kari.hietanen@wartsila.com  

Natalia Valtasaari
Director, Investor & Media Relations
Wärtsilä Corporation
Tel: +358 10 709 5637
natalia.valtasaari@wartsila.com

Wärtsilä in brief
Wärtsilä is a global leader in smart technologies and complete lifecycle solutions for the marine and energy markets. By emphasising sustainable innovation, total efficiency and data analytics, Wärtsilä maximises the environmental and economic performance of the vessels and power plants of its customers. In 2017, Wärtsilä’s net sales totalled EUR 4.9 billion with approximately 18,000 employees. The company has operations in over 200 locations in more than 80 countries around the world. Wärtsilä is listed on Nasdaq Helsinki.
www.wartsila.com

© 2018 Wärtsilä