Transfer of own shares as a directed share issue based on share-based incentive scheme

Neste Corporation, Stock Exchange Release, 12 March 2025 at 4 p.m. (EET)

Neste Corporation has on 12 March 2025 transferred a total of 27 876 treasury shares without consideration to the participants of Neste Group's Performance Share Plan 2022-2024 and the Restricted Share Plan 2022-2024 as share rewards based on the terms and conditions of these plans. The plans are part of the share-based incentive scheme 2022 of Neste, announced with a stock exchange release on 10 February 2022.

The transfer of own shares is implemented as a directed share issue without consideration based on a decision made by the Board of Directors of Neste Corporation. The decision of the Board of Directors is based on a share issue authorization granted by the Annual General Meeting of Shareholders on 27 March 2024.

After this transfer of own shares Neste Corporation holds 967 448 own shares.

Neste Corporation
Board of Directors

Further information: Hannele Jakosuo-Jansson, Executive Vice President, People & Culture. Please contact Neste's media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste's releases at https://www.neste.com/media/subscribe.

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for mitigating climate change and accelerating a shift to a circular economy. The company is the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel, enabling its customers to reduce their greenhouse gas emissions. Neste refines waste, residues and other renewable raw materials to high-quality renewable fuels at its refineries located on three continents. The company’s annual renewable fuels production capacity will be increased to 6.8 million tons in 2027. 

Neste has high standards for sustainability and the company has consistently been recognized by several leading sustainability indices. In 2024, Neste's revenue stood at EUR 20.6 billion. Read more: neste.com