Long term incentive program ("LTIP")

Participation in LTIP 2024 requires that the participant owns a certain number of shares in Bravida throughout the term of the programme and that the participant is employed by Bravida throughout the period. For each share (‘Bravida Share’) held by the participant under LTIP 2024, the Company will allot up to three (3) or five (5) new shares in Bravida to the participant without compensation.

In order for the participants to receive full allotment of the number of Performance Shares under LTIP 2024, the Group EBITA shall amount to at least SEK 2,144 million (the ‘Target Number’). At the end of the Measurement Period, i.e. 31 December 2026, the Company's Group EBITA for the financial year 2026 will be compared to the Target. If the Company's Group EBITA for the financial year 2026 amounts to at least SEK 2,144 million, full allotment of the number of Performance Shares will be made to the participants.

The number of shares awarded depends on how well the set performance target is met. The performance target is that the 2026 consolidated earnings (EBITA) should amount to SEK 2,144 million for full vesting. For any shares to be allocated at all, a minimum level must be exceeded. The minimum level is set at 80 percent of the target figure of SEK 2,144 million. All participants have the same performance target. In order for Performance Shares to be allocated, the minimum level must be reached. The minimum level under LTIP 2024 is 85 per cent of the Target. If the minimum level is not reached, no allotment of Performance Shares will be made. Any allotment will take place after the first interim report for 2027 is published.

Participation in LTIP 2023 requires participants to own a certain number of shares in Bravida throughout the term of the programme and requires that they are employed by Bravida during the entire period. For each share (Bravida share) held by participants under LTIP 2023, the company will allocate, at no cost, a maximum of three (3) or five (5) new shares in Bravida.

The number of shares allocated depends on the extent to which the defined performance target is met. The defined performance target is that the 2025 result (EBITA) of the Group shall amount to SEK 1,965 million to achieve full allocation. For any shares to be allocated at all, a minimum level must be exceeded. This minimum level is set at 77 percent of the target figure of SEK 1,965 million. All participants have the same performance targets. Any allocation takes place after the first interim report for 2026 has been published.

The CEO may participate with Bravida shares corresponding to a value of SEK 375,000 at the starting point. The CFO may participate with Bravida shares corresponding to a maximum value of SEK 300,000. Other members of the Group management may participate with Bravida shares corresponding to a maximum value of SEK 250,000. Regional Managers, certain Branch Managers and selected key personnel may participate with Bravida shares corresponding to a maximum value of SEK 62,500. In addition, certain key personnel may participate with shares corresponding to a maximum of SEK 37,500.

If the maximum outcome is achieved, and that all invested Bravida shares are retained in accordance with LTIP 2023 and the performance-based conditions are fulfilled to 100 percent, the cost for LTIP 2023 will amount to a maximum of approximately SEK 70 million in accordance with IFRS 2 and the cost for social security contributions to approximately SEK 19 million.