Greek lender Eurobank has unveiled a five-year programme beginning in 2026 that will provide free shares to management executives, employees, and staff of affiliated companies. The initiative, approved at the bank's 2026 annual general meeting and board meeting, will allocate up to 36.4 million ordinary shares, representing 1% of the bank's paid-up share capital.

The programme aims to reward staff for their role in achieving strategic objectives and financial targets while complying with regulatory requirements for variable remuneration in financial instruments. Rather than a standalone variable pay scheme, it integrates with the bank’s existing remuneration policies, balancing cash and equity-based awards to incentivize long-term sustainable growth.

Shares granted under the scheme will be subject to a one-year holding period, during which beneficiaries cannot sell or transfer them, ensuring alignment with prudent remuneration practices. The programme also seeks to attract, retain, and motivate employees across Eurobank and its affiliates and will be implemented in cycles contingent on performance and regulatory criteria.