From time to time, senior officers may be offered to participate in a LTI program.
A LTI program was launched for 2018-2020 and will be annually reconciled with operating margin goals for the Group. The program is open to approximately 500 of the Group’s key employees. In order for an employee to receive their share of the result of the LTI program the employee has to still be working for Peab on December 31, 2020. For senior officers and the CEO the upper limit (including social security) is 40 percent of their annual basic pay. For other positions the upper limit (including social security) is 15-35 percent of their annual basic pay, depending on their position. The result of the LTI program will be placed in a pension savings connected to the Peab share. In 2019 the cost of the LTI program amounted to SEK 63 million (94) including social security.