KONECRANES PLC STOCK EXCHANGE RELEASE February 1, 2024 at 9:20 pm EET
The Board of Directors of Konecranes Plc has decided the criterion for the measurement period 2024 of the Performance Share Plan 2022
The Board of Directors of Konecranes Plc has decided comparable earnings per Share (EPS) as the criterion for 2024, which is the third measurement period of the Performance Share Plan 2022. Items affecting the comparability of the EPS include defined restructuring costs, mergers and acquisitions related transaction costs and other unusual items. The targets for the measurement period 2024 were also decided by the Board of Directors.
The three-year long performance period of the Performance Share Plan 2022 includes three separate one-year-long measurement periods and separate targets for each year with equal weighting. Payments of potential rewards will only take place after the three-year-long performance period if the Plan terms and conditions are met. The launch and essential terms and conditions of the Plan 2022 are available in a stock exchange release published on March 30, 2022.
KONECRANES PLC
Kiira Fröberg
Vice President, Investor Relations
FURTHER INFORMATION
Kiira Fröberg, Vice President, Investor Relations,
tel. +358 (0) 20 427 2050
Konecranes is a global leader in material handling solutions, serving a broad range of customers across multiple industries. We consistently set the industry benchmark, from everyday improvements to the breakthroughs at moments that matter most, because we know we can always find a safer, more productive and sustainable way. That's why, with around 16,500 professionals in over 50 countries, Konecranes is trusted every day to lift, handle and move what the world needs. In 2022, Group sales totalled EUR 3.4 billion. Konecranes shares are listed on Nasdaq Helsinki (symbol: KCR).
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Nasdaq Helsinki
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www.konecranes.com
