Share options granted to the recently appointed President of the Management Board under a stock option plan (40/2014)
Mr. Adam Sawicki was granted 400,000 (four hundred thousand) Stock Options. The strike price for the granted options equals PLN 5.28 and the earliest vesting date is June 2, 2017. The final exercise date for all granted Stock Options shall be May 26, 2020.
Furthermore, these Stock Options may be cancelled in whole or in part depending on the Netia Group’s performance against business criteria for 2014. These business criteria have been set by the Supervisory Board on the basis of the Group’s 2014 budget which in turn was accepted by the Supervisory Board.