WithSecure Company, Inventory Change launch, 23 August 2022 at 13.00 EEST

WithSecure launches a brand new worker share financial savings plan

The Board of Administrators of WithSecure Company has determined to ascertain an Worker Share Financial savings Plan (ESSP) for the workers of WithSecure Company and its subsidiaries.

The intention of the ESSP is to encourage staff to accumulate and personal WithSecure shares, and it’s meant to align the pursuits of the shareholders and the workers in addition to to extend staff’ long-term dedication to the corporate.

The ESSP consists of yearly commencing plan intervals, every one comprising of a 12-month financial savings interval and a holding interval following the financial savings interval. The ESSP is obtainable to all WithSecure staff. The staff may have a chance to avoid wasting a proportion of their salaries and make investments these financial savings in WithSecure shares. The financial savings will likely be used for buying WithSecure shares quarterly after the publication of the respective interim reviews. As a reward for the dedication, WithSecure grants the collaborating staff a gross award of 1 matching share for each two shares acquired with their financial savings. Continuity of employment and holding of acquired shares at some point of the holding interval are the conditions for receiving the award.

The potential award will likely be settled in shares, or partly in shares and partly in money, after the top of the holding interval. The money proportion is meant to cowl taxes and tax-related prices arising from the award in these nations the place the employer has the duty to withhold taxes. Matching shares will likely be freely transferable after their registration on the participant’s book-entry account. Throughout the financial savings and holding interval, any dividends to be paid on the acquired financial savings shares, the matching shares given throughout the ESSP, and another shares acquired throughout the ESSP will likely be reinvested in extra shares on the subsequent potential acquisition date. These shares may have an equal proper to matching shares.

Participation within the ESSP is voluntary and the workers will likely be invited to take part in a single plan interval at a time. The primary plan interval will begin on 1 October 2022 and finish on 30 September 2025. The holding interval of the primary plan interval begins on the first acquisition of financial savings shares and ends on 30 September 2025. The utmost variety of matching shares (gross quantity earlier than taxes) for the primary plan interval is roughly 1,300,00zero shares, calculated at prevalent share worth. The ultimate variety of matching shares will depend on the workers’ participation and financial savings charge within the plan, and the fulfilment of the conditions for receiving matching shares, in addition to the variety of shares acquired from the market with financial savings. The Board of Administrators will determine on potential following plan intervals and their particulars individually.

Contact data:

Laura Viita, Investor Relations Director

WithSecure Company

Tel. +358 50 4871044

Investor-relations@withsecure.com