LTIS 4 Bonus Calculator

Safair Operations Long Term Incentive Scheme (2026-2028). All numbers in ZAR. EBIT = Profit before interest, license fees, tax (Baseline Accounting Policies — pre-IFRS 16 leases).

Defaults pre-filled with last 3 FYs (FY2023-FY2025) extracted from FinDash pre-IFRS 16 income statement. Sign convention: FinDash exports show negative PBIT for these years; absolute values used here as illustrative inputs only — verify against management accounts before relying on output. Edit any field to recompute.

Participant

Multiplier

CTC at 31 Dec 2028 (R)

EBIT Threshold per year (R)

Annual EBIT & Turnover (R)

FY2026 — Turnover FY2026 — EBIT

FY2027 — Turnover FY2027 — EBIT

FY2028 — Turnover FY2028 — EBIT

Bonus Amount Base

KPI Vesting

Total Bonus

Vested fraction of Bonus Amount—

Total Vested Bonus—

Pay 1 — after FY2028 audit (50%)—

Pay 2 — 31 Jan 2030 (50%)—

Clause 2.1-2.2. Subject to self-funding (clause 3.1), liquidity (clause 3.2) & confidentiality (clause 4) tests.