Oma Savings Bank Plc: Empowering Employees through Share Savings Plan

Oma Savings Bank Plc, a solvent and profitable Finnish bank, has announced the launch of a new program period for its employee share savings plan, OmaOsake. This initiative aims to align the objectives of shareholders and employees, fostering long-term growth and commitment. The plan offers personnel the opportunity to invest part of their regular salary in the Company's shares, with the potential to receive matching shares based on performance criteria.

The OmaOsake plan consists of annually commencing plan periods, each with a 12-month savings period followed by a holding period of approximately two years. Employees save part of their salary, and the savings are used to subscribe for Oma Savings Bank Plc shares ("savings shares") twice a year in directed share issues arranged by the Company in connection with interim reports. The shares are offered for subscription at a discount of 10 percent.

Participants have the opportunity to receive one free matching share (gross) per two savings shares or one savings share, depending on the achievement of performance criteria. If the performance criteria are not fulfilled, the participants will receive one matching share per three savings shares. The receipt of the matching shares is subject to continued employment and holding of savings shares for the holding period ending 31 March 2028. The second savings period starts on 1 April 2025 and ends on 31 March 2026.

The potential reward will be paid partly in shares and cash after the end of the holding period. The cash proportion is intended to cover taxes and statutory social security contributions arising from the reward. The matching shares are freely transferable after they have been recorded on the participant's book-entry account. Savings shares and matching shares are ordinary shares in Oma Savings Bank Plc entitling to dividends.

In accordance with financial sector legislation, the rewards for certain persons working in risk-taking positions will be paid in a deferred schedule so that the matching shares will be paid to the participants in five instalments over a period of approximately four years after the end of the holding period. In this case, the payment of the reward instalment is followed by a one-year retention period, during which the participant cannot transfer the shares paid as reward.

During the 2025–2028 plan period, the OmaOsake will be offered to approximately 600 employees of the Company, including members of the Management Team and the CEO. The gross value of the matching shares to be paid based on the second plan period shall not exceed approximately EUR 1,368,000, which, if calculated at a share price EUR 11.00 and assuming that savings shares have been offered at a discount of 10 percent, corresponds to a maximum total value of approximately 138,000 Oma Savings Bank Plc's shares, including the proportion to be paid in cash. The final value of the matching shares depends on the number of participants, the number of savings shares acquired by the participants, and the fulfilment of the performance criteria.



The OmaOsake plan aligns with Oma Savings Bank Plc's long-term strategy and risk management objectives by encouraging employee ownership, motivating and committing employees, and promoting a long-term perspective. The plan's structure, including the discount on shares and matching shares, influences the bank's capital structure and shareholder value by increasing share capital, aligning employee and shareholder interests, incentivizing performance, and potentially enhancing employee retention and attraction. However, it may also lead to dilution for existing shareholders and impact the share price. The overall impact on shareholder value will depend on the balance between these factors and the plan's success in driving company performance.