Martela Oyj

Remuneration Information • Dec 21, 2018

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Martela Oyj - Other information disclosed according to the rules of the Exchange

The Board of Directors of Martela Corporation resolved on the key employee incentive plan’s performance criteria and levels for the performance period 2019-2020

MARTELA CORPORATION RELEASE 21.12.2018 at 11:00 a.m.

The Board of Directors of Martela Corporation has resolved on the target group, the maximum amount of shares and earning criteria for the second performance period of share based incentive plan published in December 2016. The aim of the plan is to combine the objectives of the shareholders and the key employees in order to increase the value of the Company in the long-term, to commit the key employees to implement the Company’s strategy, and to offer them a competitive reward plan based on earning and accumulating the Company’s shares.

During the performance period 2019—2020, the target group of the Plan includes the members of the Group’s Management Team. The potential reward of the plan from the performance period 2019—2020 will be based on the Group´s Revenue and Earnings before Interest and Taxes (EBIT). The rewards to be paid on the basis of the performance period 2019—2020 correspond to an approximate maximum total of 100,000 Martela Corporation A shares and cash.

The potential reward from the performance period 2019—2020 will be paid partly in Martela shares and partly in cash in 2021. The cash proportion is intended to cover taxes and tax-related costs arising from the reward to a key employee. As a rule, no reward will be paid, if a key employee´s employment or service ends before the reward payment. The shares paid as reward may not be transferred during an approximate one-year restriction period established for the shares. For shares earned from the performance period 2019—2020, the restriction period will end on 30 April 2022.

A member of the Group’s Management Team must hold fifty (50) per cent of the net shares paid on the basis of the entire plan, until his or her shareholding in the Company in total equals the value of his or her gross annual salary. Such number of shares must be held as long as his or her employment or service in a company belonging to the Group continues.

Martela Corporation

The Board of Directors

Further Information: Heikki Martela, Chairman of the Board, Tel. +358 10 345 50

Distribution:

Nasdaq Helsinki Ltd

Main news media

www.martela.com

Our strategic direction is defined by our mission “Better working” and our vision “People-centric workplaces”. Martela provides people centric workplaces where the users and their wellbeing are in the core. We will focus on the Nordic countries, as the Nordic countries are forerunner in hybrid working environments with common open work culture background and needs.