Finnair board approves performance share plan

Finnair’s board of directors has approved a new individual performance-based share plan as part of its existing long-term incentive scheme structure. The plan, spanning between 2024 and 2026, allows participants (which includes the company’s board as well as other management and experts) to earn Finnair shares as a long-term incentive reward if performance targets set by the board are met. The maximum number of shares expected to be delivered based on the plan is 118 million. Finnair said in a statement: “The purpose of the plan is to incentivise the participants to work for increased shareholder value in the long-term,