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      "text": "The second LTIP award cycle to be granted for FY26 will be based on Relative Total Shareholder Returns (30%), Cumulative Revenue FY26-FY28 (30%), Adjusted Free Cash Flow (30%) and ESG: percentage of sustainable products available in HBX Group platform (10%).",
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      "text": "As disclosed in the IPO prospectus, the Committee set out its intention to increase the CEO's base salary in FY26 (from €700,107 to €850,000). However, in May 2025, the Committee accepted the CEO's proposal not to proceed with this increase.",
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      "text": "Conclusion: The Committee is committed to an open and transparent dialogue with our shareholders.",
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      "text": "The bonus plan for FY26 will be subject to five metrics: Revenue (30%), Adjusted EBITDA (30%), Operating Free Cash Flow Conversion (15%), Net Promoter Score (15%) and ESG Index comprising of employee volunteering, CSRD compliance and employee-Net Promoter Score (E-NPS) (10%).",
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      "text": "Our approach to CEO remuneration for FY26",
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      "text": "Sabine Hansen Peck, Chair of the Remuneration Committee",
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      "text": "As detailed in the IPO prospectus, the CEO is subject to a 200% of salary shareholding guideline.",
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