TOIVO GROUP PLC STOCK EXCHANGE RELEASE 17 March 2026 at 18:00

The Board of Directors of Toivo Group Plc has resolved to establish a new share-based incentive plan for key employees of the group. The purpose of the plan is to align the interests of the company’s shareholders and key employees to increase the company’s value in the long-term, to commit key employees to implement the company's strategy, objectives and long-term interest and to offer them a competitive incentive plan based on earning and accumulating the company´s shares.

The performance share plan 2026–2030 consists of three performance periods, covering the financial years 2026–2028, 2027–2029 and 2028–2030 respectively. The Board of Directors will resolve annually on the commencement and details of a performance period.

In the plan, the target group has an opportunity to earn Toivo Group’s shares based on performance. The performance criteria of the plan are tied to Total Shareholder Return (TSR) and other goals set by the Board of Directors. The potential rewards from the plan will be paid after the end of each performance period.

The value of the rewards to be paid on the basis of the plan corresponds to a value of maximum total of 400 000 shares of Toivo Group, including also the proportion to be paid in cash. The target group in the performance period 2026–2028 consists of approximately 5 to 10 current or future key employees, including the members of the Management Team and the CEO.

The potential reward will be paid partly in Toivo Group’s shares and partly in cash. The cash proportion of the reward is intended to cover taxes and statutory social security contributions arising from the reward to the key employee. As a rule, no reward will be paid if the key employee’s employment or director contract terminates before the reward payment.

The Management Team member must hold 50 per cent of the received shares, until the value of the Management Team member’s total shareholding in Toivo Group equals to 50 per cent of their annual base salary for the calendar year preceding the payment of the reward. Respectively, the CEO must hold 50 per cent of the received shares, until the value of the CEO’s total shareholding in Toivo Group equals to 100 per cent of the CEO’s annual base salary for the preceding calendar year. Such number of Toivo Group’s shares must be held as long as the membership in the Management Team or the position as the CEO continues.

Further information

Further information
Markus Myllymäki
CEO
Toivo Group Plc
Tel. +358 (0)40 847 6206
markus.myllymaki@toivo.fi

About Toivo

Toivo is a Finnish real estate company founded in 2015, specializing in residential and social infrastructure properties. The company’s business model is unique as it integrates the entire real estate value chain—from property development and construction to ownership, management, leasing, and sales of completed properties. Toivo’s in-house team manages the full lifecycle of a property, from raw land acquisition to lease negotiations and property maintenance.

Toivo’s strategy is to develop clear and efficient properties with strong development margins, stable and attractive returns, and excellent locations. This enables the company to deliver maximum added value to its customers, owners, and stakeholders. Toivo is backed by a skilled and experienced team of professionals with strong credentials in the real estate sector. The team members have collectively been involved in the development and construction of over 17,000 apartments and have an average of ten years of experience in the industry.

In 2025, Toivo’s revenue was EUR 61.7 million and operating profit EUR 8.0 million