IQM Quantum Launches Long-Term Incentive Plans for Employees
News related to:IQM Quantum Computers Plc · 2 min read
IQM Quantum Computers Plc, a global leader in superconducting quantum computing, has announced the establishment of new share-based long-term incentive plans for its employees. The company, headquartered in Espoo, Finland, with major operations in Munich, Germany, has introduced the Performance Share Plan 2026-2032 (PSP) and a Restricted Share Unit Pool 2026-2030 (RSU) to align the objectives of shareholders and employees and to retain key talent.
The PSP, which will span three four-year performance periods from 2026 to 2032, aims to increase the value of the company in the long term. The first performance period, commencing on July 1, 2026, and ending on June 30, 2030, will be based on the Absolute Total Shareholder Return (aTSR) with a Relative Total Shareholder Return (rTSR) modifier of plus or minus 20 percent. If the maximum targets are met, the potential rewards could amount to an approximate total of 1,996,000 shares of the company, including a proportion to be paid in cash. The estimated aggregate gross value of the PSP is approximately EUR 18.2 million, calculated based on the closing share price of EUR 9.11 on September 29, 2026.
The RSU, intended to be used for rewarding the entire personnel of the group and as a tool for specific situations, such as ensuring retention of key talents, attracting new talent, or other specific situations determined by the Board of Directors, will be allocated until June 30, 2030. The maximum rewards from the RSU could correspond to the value of an approximate total of 826,000 shares of the company, including a proportion to be paid in cash. The estimated aggregate gross value of the RSU is approximately EUR 7.5 million, calculated based on the same share price.
According to the press release, the rewards under both the PSP and RSU will be paid partly in the company’s shares and partly in cash. The cash proportion is intended to cover taxes and statutory social security contributions arising from the reward to the participant. As a starting point, no reward will be paid if the participant's employment or service contract terminates before the end of the performance or vesting period.
For the Leadership Team and the CEO, a significant portion of the net reward shares received from the long-term incentive plans must be held until the value of their total personal shareholding in the company corresponds to a specific percentage of their gross salary for the calendar year preceding the payment of the reward. Specifically, a Leadership Team member must hold 50 percent of the net reward shares received until the value of their total personal shareholding in the company equals 50 percent of their gross salary for the preceding year. Similarly, the CEO must hold 50 percent of the net reward shares received until the value of their total personal shareholding in the company equals the value of their gross salary for the preceding year.
IQM Quantum Computers, founded in 2018, has over 400 employees globally and one of the industry’s strongest track records in deployed quantum systems across Europe, Asia, and North America. The company's open and modular architecture enables customers to own, control, and integrate quantum systems directly into their workflows.