Long-term incentive programme
Axfood has long-term share-based incentive programmes (LTIP) to align the interest of Axfoods key employees with the interest of the shareholders. The purpose is to ensure maximum long-term value creation for Axfood.
Participation requires that the employees has a personal shareholding in Axfood that is allocated to each LTIP, so called "savings shares". For each savings share the employees can receive one "matching share" and up to seven "performance shares" depending on Axfood's sales, share of sales for sustainability labelled products, profitability, the market development, the return for Axfood's shares and the stock exchange after a three-year period.
The 2021 Annual General Meeting resolved to adopt a new long-term share-based incentive programme, LTIP 2021, the principles and scope of which in all essential respects correspond to the previously adopted programmes.
For more information about the incentive programmes, see Axfood’s Annual and Sustainability Reports.