At the Annual General Meeting on April 29, 2026, Cheffelo’s shareholders resolved to adopt a long-term incentive program in the form of a warrant program aimed at the company’s management and other key employees. The purpose is to recruit, retain, and motivate key personnel, as well as to align the interests of the participants with those of the company’s shareholders. A total of 52,000 warrants were authorized for issuance.
Participation in the program required participants to purchase shares in the company, with each share purchased entitling the participant to subscribe for two warrants upon payment at market value. The allocation was based on position and responsibilities, and the options vest on a monthly basis over a three-year period. Under certain conditions, the company has the right to repurchase the options upon termination of employment.
Each warrant entitles the holder to subscribe for one (1) new share in the company during the period June 1, 2029–August 31, 2029. The exercise price is SEK 155.30 per share.
Currently, there are 30,930 warrants outstanding. If fully exercised, the dilution would amount to approximately 0.24 percent. The full terms and conditions are set forth in the Board of Directors’ proposal and the minutes of the 2026 Annual General Meeting.
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