The plan requires market purchases worth about EUR 2.8 million and could reach an estimated EUR 8.1 million if fully executed, with rewards paid in 2028, 2029 and 2030.
Huhtamaki has established a new Share Ownership Plan 2026-2030 for its President and CEO and other members of its Global Executive Team, tying executive rewards to personal share purchases and longer-term ownership. The plan is designed to increase shareholding among senior leaders, reinforce focus on shareholder value and support commitment to the company’s strategic targets. To qualify, participants must buy Huhtamäki Oyj shares on the market within board-set limits and within one year of the July 23, 2026 announcement, in line with applicable laws. The required investment equals 12 months’ base salary for the President and CEO and six months’ base salary for other Global Executive Team members. Huhtamaki said the total value of those personal investments is about EUR 2.8 million as of the announcement date. The company will award matching shares based on those purchases, with the President and CEO eligible for 3.5 gross matching shares for each share acquired and other Global Executive Team members eligible for 2.5 gross matching shares per purchased share. Huhtamaki estimated the plan’s total value at about EUR 8.1 million if fully executed, based on the prevailing Huhtamäki Oyj share price at the time of acquisition, including the portion to be paid in cash. The matching period runs from March 2026 to April 2030, and any rewards will be paid in three equal instalments in 2028, 2029 and 2030. Payouts will be made partly in shares and partly in cash, with the cash element intended to cover taxes and statutory social security contributions. Participants must retain all shares originally acquired under the plan until the relevant instalment is paid, and an instalment is generally forfeited if a Global Executive Team member resigns or is terminated for cause before payout. The plan also imposes post-award holding requirements. Global Executive Team members must keep at least 50% of the matching shares they receive until the total value of their Huhtamäki Oyj holdings equals their annual gross base salary. The President and CEO must retain at least 50% until total holdings equal 300% of annual gross base salary, and those ownership thresholds must be maintained for as long as the individual remains in the role.