Mandatum expands clients’ options for share-based incentive plans

Press release, 8 October 2026 at 10:00 a.m. EEST

The share-based incentive market in Finland is becoming more diverse. Through Mandatum’s partnerships, clients have access to a broader range of solutions for implementing and digitally administering long-term incentive plans. Alongside its long-standing partnership with Lago Kapital, Mandatum is entering into a new partnership with Norwegian Optio Incentives.

Mandatum provides comprehensive compensation and benefits advisory services, delivered by experts with more than 20 years of experience. Long-term incentive plans are part of this offering, and the partnerships complement it with plan administration and implementation services. Digital tools enable companies and plan participants to monitor the progress of incentive plans in real time throughout the plan period. Administration services also support companies’ finance functions with specific questions and calculations related to the incentive plans.

Mandatum's most recent partner, Optio Incentives, is a global equity compensation and incentive management company headquartered in Oslo, Norway, that has rapidly expanded its operations internationally in recent years. The company already serves more than 500 corporate clients, including clients in Finland, with nearly one million participants covered by the plans it administers. Optio provides software and administration services for share-based and other incentive plans, as well as related financial reporting services.

Mandatum will also continue its cooperation with Finnish Lago Kapital for the administration, valuation and reporting services (IFRS 2) for share-based incentive plans. Lago Kapital also provides the full range of market access services related to stock exchange trading needed for the effective management of incentive plans.

“Long-term incentive plans have established their role as an integral part of compensation. Companies are now considering more carefully which models best support their strategic objectives and help align the interests of shareholders and key employees with long-term value creation. For incentive plans to have the greatest possible impact in guiding behaviour, they need to remain transparent to participants throughout the plan period. Administration services support this by providing an up-to-date view to the details of the plan”, says Visa Myllyntaus, Director, Mandatum Incentives.

A comprehensive long-term incentive service offering covers areas such as the design of plan structure, participant communications, outcome reporting and plan administration.

“We offer our clients the most comprehensive compensation and benefits service offering in Finland. Through our partnerships, our clients benefit from a wider range of high-quality solutions available on the market for plan administration. Increased competition gives companies more choice, accelerates the development of services and helps them find the solutions that best meet their individual needs”, says Kiisa Hulkko-Nyman, Business Director, Mandatum Incentives.

About the partners

Optio Incentives is a Norwegian company specialising in software and administration solutions for share-based and other incentive plans. The company has expanded rapidly internationally and has invested particularly in developing technology-based solutions. The platform covers plan administration, participant experience, financial reporting under IFRS 2 and US GAAP, HR integrations, and trading and share custody. In 2026, the company also expanded into the Canadian market.

Lago Kapital is a Finnish company specialising in share-based incentives and capital markets, providing administration, valuation and implementation services for share-based incentive plans. The company has expanded rapidly in Finland and has invested in automating IFRS 2-compliant valuations and employment-related changes through its user portal. It also provides market access services required for incentive plans, including share purchases for employee share savings plans, cashless exercise of stock options and share buybacks.

Additional information:

Kiisa Hulkko-Nyman
Business Director, Mandatum Incentives
Tel. +358 50337 5482
kiisa.hulkko-nyman[a]mandatum.fi
Niina Riihelä
SVP, Communications, Brand and Sustainability
Tel. +358 40 728 1548
niina.riihela[a]mandatum.fi

Mandatum in brief
Mandatum is a major financial services provider, combining expertise in asset and wealth management and life insurance. Clients include institutional investors, companies and private individuals. Mandatum offers a broad range of services encompassing asset and wealth management, compensation and rewards, supplementary pensions and personal risk insurance. Skilled personnel, strong brand and proven investment track record are at the center of Mandatum’s success. The company has been listed on Nasdaq Helsinki since 2023.
mandatum.fi/en/group