The Management Board of IMS Spółka Akcyjna with its seat in Warsaw (“Company”, “Issuer”) announces that today the Supervisory Board of the Company adopted a resolution on the adoption and approval of amendments to the Incentive Scheme for the members of the Management Board, managers, employees and co-operators of the companies of the IMS Capital Group for the years 2021-2023 and to the Rules of the Incentive Scheme IV. The Supervisory Board of IMS S.A., taking into consideration the very positive results brought about by the functioning of the Incentive Program IV (“PM IV”) in the IMS Capital Group (both IMS S.A. and the IMS Capital Group recorded a significant increase in results in 2021, the number of subscription locations, which is crucial from the point of view of the Group’s activity, rose to a record level), accepted and approved the increase in the total, maximum pool of shares in the Incentive Program IV from 2 million shares to 4 million shares. Taking into account the subscription warrants granted to eligible persons for the achievement of the 2021 targets (1.2 million shares), a maximum of 2.8 million shares will remain available for distribution in 2022 – 2023.
The Supervisory Board also amended §4(2) of the PM IV Regulations – the parameter allowing for the distribution of shares at the Supervisory Board’s discretion in the event that the Board deviates from the general criterion for granting share options described in §4(1) of the PM IV Regulations was increased from a maximum of 15% to a maximum of 25% of the total pool of PM IV shares.
The Supervisory Board of the Company recommended to the Management Board of the Issuer to include resolutions regarding changes to the Incentive Scheme IV and the PM IV Regulations in the agenda of the next General Meeting of the Company.