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Implenia-GB-2019-EN_compensation-report.pdf
With the reorganisation of Implenia into four divisions – Buildings, Civil Engineering, Development and Specialties – the Global Heads of the divisions became IEC members. In addition, the role Head Country Management was created to coordinate cross- divisional activities in the countries where Implenia [...] with per- formance share units associated with pre- defined targets; The short-term incentive (STI) for the division heads is now also linked to divisional finan- cial results rather than just to Group results; The introduction of shareholding guidelines for both IEC and Board members. In this compensation [...] and long-term incentives (STI and LTI). The revised STI and the new LTI plan (LTIP) are outlined in the section below. In short, Implenia has added Divisional Finan- cial Performance conditions in the short-term incentives of the Division Heads. The previous equity compensation plan, based on blocked shares[...]