Incentive plans

The Shareholder Meeting of CIR of April 29, 2024 approved the 2024 stock grant plan for executives and/or directors of the company and its subsidiaries, of 4,000,000 conditional rights, each of which will attribute to the beneficiary the right to receive through assignment one CIR share free of cost.

The plan has the aim of aligning the interests of management with the objectives of creating value for the group and its shareholders over a medium-long term time horizon, of stimulating management’s commitment to achieving common objectives at group level and fostering the retention of key managers in the group.