New Incentive Program Established for Members of Executive Management and Selected Employees in Bavarian Nordic


COPENHAGEN, Denmark, December 13, 2024 – Bavarian Nordic A/S (OMX: BAVA) announced today that the Board of Directors has decided to establish a new long-term incentive program for Executive Management and selected employees in the Bavarian Nordic Group. Members of the Executive Management are granted a mix of performance restricted stock units (Performance RSUs) and warrants, both subject to the successful achievement of relevant Key Performance Indicators (KPI’s). Employees participating in the program are granted warrants only. The decision is made in accordance with the shareholder authorizations for the Board of Directors adopted as Articles 5b of the Articles of Association and the Remuneration Policy.

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New Incentive Program Established for Members of Executive Management and Selected Employees in Bavarian Nordic

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