Share Buyback Program: Empowering Employees and Driving Company Growth

Empowering Employees Through Share Ownership

Upon the authorisation granted by the Ordinary Shareholders’ Meeting held on 11 June 2024 to implement a share buyback program, the Company embarked on a mission to empower its employees and corporate officers by offering them the opportunity to own a stake in the company. This initiative not only fosters a sense of ownership and accountability among the employees but also aligns their interests with the long-term success of the company.

Share Repurchases for Employee Benefits

Between 27 to 31 January 2025, the Company made significant strides in this direction by repurchasing its own shares and transferring them to employees and/or corporate officers. This move not only rewards their hard work and dedication but also incentivizes them to contribute towards the company’s growth and prosperity. By giving them a tangible stake in the company, the shareholding plan aims to create a sense of unity and common purpose among the employees.

Furthermore, this share buyback program serves as a tool for attracting and retaining top talent in the highly competitive market. Employees are more likely to stay committed to a company that values their contributions and rewards them with the opportunity to share in its success. This, in turn, can lead to higher levels of employee engagement, motivation, and loyalty.

Impact on Individuals

For individual employees and corporate officers, this share buyback program offers a unique opportunity to become more than just employees—they become stakeholders in the company’s future. By owning a piece of the company, they have a vested interest in its performance and are motivated to work towards its success. This can result in greater job satisfaction, increased morale, and a stronger sense of loyalty towards the company.

Global Implications

On a global scale, initiatives such as share buyback programs can have far-reaching effects on the business world. By empowering employees and aligning their interests with those of the company, organizations can drive innovation, foster collaboration, and achieve sustainable growth. This, in turn, can lead to a more competitive and resilient business environment, benefiting not only individual companies but also the broader economy.

Conclusion

In conclusion, the Company’s share buyback program represents a powerful tool for empowering employees, driving company growth, and creating a more inclusive and sustainable business model. By giving employees a stake in the company’s success, organizations can cultivate a culture of ownership, collaboration, and innovation that ultimately benefits both individuals and the world at large.