Boku Inc (LON:BOKU), a leading provider of global mobile payment solutions, has announced that it will shortly post a notice of an Extraordinary General Meeting to shareholders to seek approval of the. The EGM will be held at 1.00 p.m. BST on 11 September 2024.
Background and Rationale
The Company considers that the introduction of the New Plan, alongside the existing incentive plans, will support and reward the performance of the executive management team of the Company in a fair, transparent, and proportionate manner and is designed to more effectively reward exceptional performance. The remuneration committee of the Board believes that the mix of remuneration awards will ensure a balance between strong and steady growth and reaching for full potential. The New Plan has been created with the guidance of an external independent remuneration consultant and has been the subject of an extensive shareholder consultation process. This exercise provided valuable feedback which has been taken on board in finalising the terms of the New Plan.
