PSUs granted under the PSU Plan will – subject to achievement of the vesting criteria – entitle the participants to a later grant of shares in GN Store Nord A/S or synthetic settlement. The PSUs are subject to a performance period of three financial years and the number of PSUs vesting will be subject to GN's performance against key performance indicators, e.g. organic revenue growth, EBITA margin and total shareholder return. The key performance indicators and the performance levels for each grant will be determined by the Board based on objective and verifiable criteria and will be linked to GN's long-term objectives. It is a condition for any PSUs vesting that the minimum performance levels are reached on the key performance indicators for the relevant grant. GN expects to cover its obligation to deliver any shares upon vesting of PSUs by using treasury shares.