Integrated Report 2023

35.5. Participation of key management staff in the employee share plan

As described in details in note 23.1, the Group has implemented option plans enabling acquisition of the Company shares.

The Management Board members have been vested with share options in accordance with the following table. The right to acquire the below listed shares shall be fulfilled providing that the respective persons are employed by the Group as at the end date of the vesting period. The final number of share options that the Management Board members will be able to exercise will depend on the satisfaction of the plan conditions.

Number of share options in the vesting period granted to members of the Management Board Number of granted options End date of the vesting period Number of options meeting the vesting conditions
Share options under the first tranche of the 2020 plan* 30,000 30.09.2023 30,000
Share options under the second tranche of the 2020 plan 30,000 30.09.2024 30,000
Share options under the third part of the 2020 plan 30,000 30.09.2025 12,000
Share options under the second tranche of the 2023 plan 30,000 30.09.2026 30,000
* As described in detail in note 23.1, owing to a statutory change in the principles of issuing bonds, share options under the first tranche of the 2020 plan were granted to the Management Board Members on 24 January 2024.