Yes since the bonus is calculated with reference to the share price, it is treated as a cash-settled share-based payment under IFRS 2. This is applicable even if the payment is made under a bonus or profit-sharing plan.
If the bonus is not calculated by reference to an entity’s share price (such as those based on the
revenue or profits of the employer entity), or not settled using equity instruments of the group, then you should apply IAS 19 - Employee benefits.
