Andritz Plans Performance Share Unit Program for About 300 Managers and Selected Talents
Bitget2026/10/28 16:33- Andritz plans a long-term Performance Share Unit program for approximately 300 senior managers and selected talents.
- Eligible participants can join from January 1, 2027, or retroactively from January 1, 2026, with performance measured over three years.
- Awards depend on relative total shareholder return, weighted at 40%; comparable EBITA at 50%; ESG targets at 10%.
- Share requirements for each 2026–2028 and 2027–2029 tranche total approximately 150,000 at target performance, rising to 225,000 at maximum performance.
- Final units are capped at 150% of conditional awards; gross payouts cannot exceed 200% of target remuneration.
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