GENERAL MEETING DRAFT - Bankier.pl

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Group Medium & Long Term Incentive Plans for selected employees include the following categories:
� Equity-Settled Share Based Payments;
� Cash Settled Share Based Payments 1 .
The first category includes the following:
� Stock Options allocated to selected Top & Senior Managers and Key Talents of the Group;
� Performance Shares allocated to selected Top & Senior Managers and Key Talents of the Group
and represented by free UniCredit ordinary shares that the Parent Company undertakes to grant,
conditional upon achieving performance targets set at Group and strategic area level in the
Strategic Plan and any amendments thereto approved by the Parent Company’s Board;
� Employee Share Ownership Plan (ESOP) that offers to eligible Group employees the possibility
to buy UniCredit ordinary shares with the following advantages: granting of free ordinary shares
(“Discount Shares” and “Matching Shares” or, for the second category, rights to receive them)
measured on the basis of the shares purchased by each Participant (“Investment Shares”) during
the “Enrolment Period”. The granting of free ordinary shares is subordinated to vesting conditions
(other than market conditions) stated in the Plan Rules.
The second category includes synthetic “Share Appreciation Rights” linked to the share-value and
performance results of some Group-Companies 2 .
1
Linked to the economic value of instruments representing a subsidiary’s Shareholders’ Equity.
2
Pioneer Global Asset Management at the end of 2009.
2009 CONSOLIDATED REPORTS AND ACCOUNTS
498