Suzano Papel E Celulose (SUZ) has released an update.
Suzano S.A. has introduced a Long-Term Incentive Plan offering Performance Shares to align the interests of key employees with those of the company and its shareholders. The plan allows eligible board members and key employees to receive company shares, subject to meeting certain conditions, with the aim to attract, retain, and motivate them towards sustainable and shareholder-focused business conduct. An overall limit of 2% of the company’s issued shares is set for distribution to beneficiaries under this plan, with special provisions for extraordinary grants.
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