Incentive Programs
Long-term incentive programs
The AGM 2021, 2023 and 2024 resolved to establish long-term incentive programs in the form of a share savings plan (LTIP). The programs is aimed at about sixty senior officers and key persons in the Bilia Group. The purpose of the program is to motivate and retain competent key persons in the Bilia Group, to attract new employees and to provide added incentives for employees to achieve and surpass Bilia’s financial and sustainability goals.
In order to participate in in the program, the participant must have made a private investment by acquiring shares in Bilia AB (publ), savings shares, of at least SEK 25,000. For each savings share held within the framework of the program, the participant can receive at most three (LTIP 2021) respective four and a half performance shares (LTIP 2023 and LTIP 2024) gratuitously from Bilia if the targets established by the Board of Directors are met. In order to be allotted performance shares, the participant must retain his/her original savings shares throughout the duration of the program and must still be employed by the Bilia Group at this point in time. The maximum number of performance shares as in the program start can be allotted to the participants in the program amounts to 150,000 (LTIP 2021), 242,000 (LTIP 2023) and 272,000 (LTIP 2024) shares respectively.
For more information about the share savings programs, see the Board´s proposal for a decision on a long-term incentive program below (only available in Swedish).
- Board’s proposal for long-term incentive program 2024
- Board’s proposal for long-term incentive program 2023
- Board’s proposal for long-term incentive program 2021
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Bilia is one of Europe’s largest full-service suppliers for everything related to car ownership and we offer service, financing, insurance and sales of new and used cars.
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