Incentive programme

Issued call option programme for senior management in brief

Since 2006 Lagercrantz Group has a call option programme covering members of senior management with a direct possibility of affecting the Group’s income. The purpose of the programmes is, through their own investment, to allow management in the Lagercrantz Group to benefit from and strive for, an increase in the market price of the Company’s shares, thereby more closely aligning the interests of managers and shareholders in the Company. The purpose of the programmes is also to contribute to increasing management personnel’s long-term share ownership in the Company. The call option programme consists of call options for class B shares repurchased by Lagercrantz Group. The outstanding programmes are:

The 2020 Annual General Meeting resolved to offer members of senior management to acquire call options on class B treasury shares. 1,200,00 call options giving its holders the right to acquire a corresponding number of shares were issued. The exercise price amounts to SEK 78.50. The options may be exercised no later than May 2024. *

The 2021 Annual General Meeting resolved to offer members of senior management to acquire call options on class B treasury shares. 800,00 call options giving its holders the right to acquire a corresponding number of shares were issued. The exercise price amounts to SEK 145.50. The options may be exercised no later than May 2025.

The 2022 Annual General Meeting resolved to offer members of senior management to acquire call options on class B treasury shares. 800,00 call options giving its holders the right to acquire a corresponding number of shares were issued. The exercise price amounts to SEK 127.70. The options may be exercised no later than May 2026.

*) Number of call options and exercise prices are re-caluculated after split 3:1 October 2020.