(Finance) – The board of directors Of e-Noviaan industrial group listed on EGM Pro which operates in the deep tech sector in the field of sustainable mobility and robotics, resolved theadoption of an incentive plan on a monetary and share basis called “Annual Incentive Scheme 2023”, approving the related regulation.
Among the beneficiaries of the plan are the Executive Co-Founders, namely the managing director, Vincenzo Costanzo Russi, the Chief Operating Officer, Ivo Emanuele Francesco Boniolo, and the Chief Financial Officer, Cristiano Spelta. The BoD has approved as a criterion for identifying potential additional beneficiaries (about 10 managers) the circumstance that they are a manager or, in any case, an employee who holds a position of greater impact on the company’s business in the medium term.
In particular, the plan provides that the annual premium is divided into a monetary componentbased solely on the payment of a cash prize, up to maximum 355,000 eurosand a share component which provides for the assignment to the beneficiaries of up to a maximum of 128,500 ordinary shares (representing approximately 0.5% of the share capital), in proportions that vary according to the level of achievement of the corporate performance objectives ( 20% in cash and 80% in shares up to the target; 30% in cash and 70% in shares beyond the target).
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