Merus Power Plc launched a new performance period in the share-based incentive plan for key employees

The Board of Directors of Merus Power Plc has resolved to launch the second performance period in the share-based incentive plan for key employees of the Group. The main terms of the plan were published in a company announcement on 28 March 2025.  

The performance criteria of the second performance period are tied to the company’s Total Shareholder Return during the years 2026–2028, EBITDA margin for the financial year 2028, and revenue during financial years 2026–2028. The value of the rewards to be paid on the basis of the performance period corresponds to a maximum total of 222 000 shares of Merus Power Plc, including also the proportion to be paid in cash. The maximum gross amount of rewards based on the second performance period is a total of EUR 0.93 million, calculated at the closing price on April 15, 2026. The target group of the performance period 2026–2028 consists of a maximum of 20 key employees, including the members of the Management Team and the CEO. As a rule, no reward will be paid if the key employee’s employment relationship ends before the reward payment.