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Regulatory press release

Correction: Endomines Finland Plc's Board of Directors decided on a share-based incentive program for company’s key employees

Endomines Finland

Endomines Finland Plc | Stock Exchange Release | 17.12.2025 at 16:30

Correction: Endomines Finland Plc's Board of Directors decided on a share-based incentive program for company’s key employees

Endomines Finland Plc republishes the release issued on 17 December 2025 regarding the share-based incentive program for company’s key employees. The original release contained an incorrect number of shares. It was incorrectly stated that the rewards under the program correspond to a maximum of 32,900 shares. The correct number of shares is 37,400. The number has been corrected in the release below; otherwise, no changes have been made. The corrected release is provided in full below.

As of 17th December 2025, the Board of Directors of Endomines Finland Plc decided on a share-based incentive program for company’s key employees for the years 2026–2028. The purpose of the program is to engage key employees in the company's objectives and create incentives to increase shareholder value.

The performance-based share incentive plan for 2026–2028 consists of a 1-year performance period and a two-year holding period. Possible rewards will be paid in spring 2027, if the set performance targets are met.

Participants must hold the shares after payment during the 2-year holding period. The performance metric applied to the performance period is total shareholder return. The baseline of the incentive program is achieved when the share price is EUR 35.00, and the maximum level is achieved when the share price is EUR 45.00, minus any dividends paid. The plan will involve a total of 45 individuals and the plan rewards will be equivalent to a maximum of 37,400 shares.

 

Further information:
Kari Vyhtinen
CEO
Endomines Finland Plc
kari.vyhtinen@endomines.com
+358 40 585 0050

 

Endomines Finland Plc is a Finnish forerunner in sustainable mining. Our operations are focused on gold production and exploration in the Karelian Gold Line in Eastern Finland. We produce gold for the jewellery and electronics industries and create value by turning natural resources into wealth; an investment that can withstand global political instability. Our vision is to develop the Karelian gold line into one of the most important and sustainable gold-producing regions in the world. Endomines is listed on the OMX Helsinki (PAMPALO). www.endomines.com.

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