Kamux Corporation’s Board of Directors has decided on the new earning periods for the long-term incentive plans 2026–2028
Kamux Corporation | Stock Exchange Release | February 25, 2026 at 08:40:00 EET
The Board of Directors of Kamux Corporation has decided on new earning periods for the Performance matching share plan 2025—2029 established in January 2025 and the Green Lions matching share plan 2024–2029 established in January 2024. The establishment of the plans and their key terms have been diclosed in stock exchange releases published on January 22, 2024 and January 23, 2025.
Earning period 2026–2028 of the Performance matching share plan
The Board of Directors decided on the commencement and details of the second earnings period of the Performance matching share plan, covering the financial years 2026–2028. The performance criteria for the second earnings period are Total Shareholder Return, Earnings per Share and an ESG criterion. The target group for the performance period consists of approximately 30 key employees, including the members of the Kamux Group Management Team and the CEO.
The value of the rewards to be paid on the basis of the second performance period corresponds to an approximate maximum total of 1,015,000 shares of Kamux (estimated using the closing share price of February 24, 2026 2.11 euros), including also the proportion to be paid in cash. The final number of shares will depend on the participants’ personal share commitments and the achievement of the targets set for the performance criteria.
Matching period 2026—2028 of the Green Lions matching share plan
The Board of Directors resolved on the commencement and details of the third matching period of the Green Lions matching share plan covering the financial years 2026—2028. The target group of the matching period 2026—2028 consists of approximately 60 recognized future key employees, who are not included in Kamux’s other share-based incentive plans. Members of the Management Team are not included in the target group.
As a reward for the commitment, Kamux grants the participants a gross reward of one matching share for every share committed to the plan. The rewards to be paid on the basis of the plan correspond to the value of an approximate maximum total of 285,000 Kamux’s shares (estimated using the closing share price of February 24, 2026 2.11 euros), including also the proportion to be paid in cash. The final number of shares will depend on the number of shares the participants commit to the plan.
Payment of the rewards
The rewards from the above mentioned matching share plans will be paid by the end of March 2029. The rewards will be paid partly in company shares of Kamux and partly in cash. The cash proportion of the reward is intended for covering taxes and statutory social security contributions arising from the reward to the participants. As a rule, no reward is paid if the participant’s employment or director contract terminates before the reward payment.
For further information, please contact:
CFO Enel Sintonen, call requests, tel. +358 10 420 8831
Kamux Corporation
Communications
Kamux is a retail chain specialized in used cars and related integrated services. Kamux combines online shopping with an extensive showroom network to provide its customers with a great service experience anytime, anywhere. In addition to digital channels, the company has a total of 68 car showrooms in Finland, Sweden and Germany. Since its founding in Hämeenlinna, Finland, in 2003 the company has sold almost 600,000 used cars, 66,548 of which were sold in 2024. Kamux’s revenue in 2024 was EUR 1,010 million and its average number of employees was 904 in terms of full-time equivalent employees. Kamux Corporation is listed on Nasdaq Helsinki Ltd. For more information, please visit www.kamux.com