INCENTIVE PLANS FOR KEY PERSONNEL

Remuneration scheme of President & CEO, Executive Board and key individuals
The earnings of the President & CEO, Executive Board and management consist of monthly salary and incentive bonuses as well as share bonuses. Remuneration schemes of management and key individuals are prepared in the Board of Directors' Compensation and Appointments Committee. Decisions are made by the company's Board of Directors. Management's incentive bonuses are determined annually based on set financial targets,unit-specific quality and process indicators as well as personal performance appraisals. The bonus can be equivalent at most to 40 per cent of yearly earnings. Information on the bonuses of the President & CEO and Deputy CEO is outlined in Note 9 to the financial statements.

Around 70 key individuals of the Group belong to the 2007-2009 share-based incentive scheme. The rewards of the share bonus scheme are based on the achievement of financial targets. Finnair Plc's Board of Directors decides the target levels annually. The share bonuses are subject to sales restrictions. More information on share-based bonuses is given in Note 26 to the financial statements. Up-to-date information on the Finnair shares owned by members of the Executive Board is available from Euroclear Finland Oy's NetSire service.

The pension schemes of the parent company's President & CEO and members of the Executive Board as well as those of the managing directors of subsidiaries are individual schemes, and the retirement age under these agreements varies from 60 to 65 years. Pension liabilities are outlined in Note 27 to the financial statements.

Other benefits of the President & CEO's employment
Up to the end of 2009, the President & CEO's other benefits were as follows:

• retirement age 60 years
• pension 60 per cent of pensionable salary
• notice of termination 6 months and severance pay equivalent to 12 months' salary payable in addition to notice period salary