A Change to the Restricted Share Plan of Fiskars Group

Fiskars Corporation
Stock exchange release
April 1, 2025 at 8:35 a.m. EEST

A Change to the Restricted Share Plan of Fiskars Group

The Board of Directors of Fiskars Corporation has decided to increase the total maximum number of shares to be paid based on the Restricted Share Plan for the plan period 2025–2027 to gross maximum of 300,000 shares. Previously approved total maximum number of shares was 100,000 shares. Other parameters of the Restricted Share Plan remain unchanged. The aim of the plan is to support the implementation of the company’s strategy and drive profitable growth and to align the objectives of key employees with the shareholders to increase the value of the company. In particular the change is to provide for a long-term retention tool regarding individually selected key employees of Fiskars Group in specific situations. Among others, the newly appointed CEO, Vita, Daniel Lalonde, is offered an opportunity to participate in the Restricted Share Plan with set Business Area specific long-term financial performance criteria and related targets.

For reference purposes only (noting that the market value of the shares will constantly change), calculated based on the volume weighted average price of Fiskars share on March 31, 2025, the estimated total value of this 2025–2027 plan period is approximately EUR 4.4 million.

Information about the launch of new periods for the years 2025–2027 within the Performance Share Plan and Restricted Share Plan has been published in a stock exchange release on February 6, 2025 and other terms applied to the said plans has been published in a stock exchange release on December 10, 2020. The plans form a part of Fiskars Group’s remuneration program for its key employees.

FISKARS CORPORATION

Further information:

Sanna Hellstedt, Director, Investor Relations (interim) and External Communications, tel. +358 40 553 3151

Fiskars Group in brief

Fiskars Group (FSKRS, Nasdaq Helsinki) is the global home of design-driven brands for indoor and outdoor living. Since 1649, we have designed products of timeless, purposeful, and functional beauty, while driving innovation and sustainable growth. In 2024, Fiskars Group’s global net sales were EUR 1.2 billion and we had close to 7,000 employees. We have two Business Areas (BA), Vita and Fiskars.

BA Vita offers premium and luxury products for the tableware, drinkware, jewelry and interior categories. Its well-known brands include Georg Jensen, Royal Copenhagen, Wedgwood, Moomin Arabia, Iittala and Waterford. In 2024, BA Vita’s reported net sales were EUR 605 million. Already 50% of BA Vita’s net sales comes from direct-to-consumer sales, comprising approximately 500 stores and approximately 60 e-commerce sites.

BA Fiskars consists of the gardening and outdoor categories, in addition to the scissors and creating, as well as cooking categories. The brands include Fiskars and Gerber. In 2024, BA Fiskars’ net sales were EUR 547 million.