Remuneration Information • Nov 19, 2024
Remuneration Information
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PRESS RELEASE
19 November 2024
InPost S.A.'s ("InPost") management board has been informed by its CEO, Mr. Rafał Brzoska ("CEO") that he has concluded on 19 November 2024 with PPF Nipos B.V. ("PPF Nipos"), being a subsidiary of InPost's major shareholder PPF Group N.V. ("PPF Group") an earnout agreement ("Earn-out Agreement") setting out rules of incentives for the CEO resulting from any potential future exit from the investment in InPost shares by PPF Group. The Earnout Agreement does not include an undertaking for PPF Group to divest its participation in InPost within a certain timeframe.
The terms of the Earn-out Agreement foresee the rules for determining the applicability and the scale of the due earn-out in case of PPF Group's disinvestment from InPost. The earnout is triggered only if PPF Group realizes at exit more than 2x of the PPF Group's entry costs. In case this initial criterion is met, CEO shall be entitled to a percentage of any proceeds distributable to PPF Group. Share of the earn-out amount in the total exit proceeds received by PPF Group varies and becomes greater if the total cash-on-cash return and IRR extends the set levels. Additionally, the earn-out value varies depending on the time of the disinvestment made by PPF Group. In case no exit occurs prior to the expiry of the earn-out scheme, CEO can be entitled to an earn-out in case the initial criterion of cash-on-cash return greater than 2 is met. In such case, the earn-out value shall be calculated under the assumption that the market value of shares in InPost owned by PPF Group, based on volume weighted average trading price per share on the Euronext measured over 6 preceding calendar months, shall be considered exit proceeds.

InPost (Euronext Amsterdam: INPST) has revolutionised e-commerce parcel delivery in Poland and is now one of Europe's leading OOH ecommerce enablement platforms. Founded in 1999 by Rafał Brzoska, InPost provides delivery services through our network of more than 43,800 Automated Parcel Machines (APMs) and almost 35,000 pick-up drop-off points (PUDO) in nine countries across Europe, as well as todoor courier and fulfilment services to e-commerce merchants. InPost's locker machines provide consumers with a cheaper and more flexible, convenient, environmentally friendly and contactless delivery option.
Gabriela Burdach, Director of Investor Relations
Wojciech Kądziołka, Spokesman
This press release is for information purposes only: it is not a recommendation to engage in any investment activities and is provided "as is", without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, InPost does not guarantee its accuracy or completeness. InPost will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. All proprietary rights and interest in or connected with this publication shall vest in InPost. This press release speaks only as of this date.
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