Remuneration for the Board members was resolved on the AGM in April 4, 2023 and is based on proposals from the Nomination Committee.
The AGM also resolved on the guidelines for remuneration to the senior management team including fixed salary, variable salary, other benefits and pension.
The AGM approved Board fees in accordance with the following. The chairman of the Board will receive SEK 750,000 (previously SEK 730,000) and each of the other Board members elected by the AGM will receive SEK 325,000 (unchanged). Fees for work on the Board committees was resolved to be paid in an amount of SEK 100,000 (unchanged) to each member of the audit committee and with SEK 150,000 (unchanged) to the chairman of the audit committee and with SEK 100,000 (unchanged) to each member of the remuneration committee and with SEK 150,000 (unchanged) to the chairman of the remuneration committee.
The fees cover the period until the next Annual General Meeting 2024.
Remuneration to the senior management including incentive program
The current guidelines for remuneration of the Group Management Team were adopted by the AGM on 4 April 2023. The total remuneration shall be market-based and competitive, and shall be proportionate to the individual’s responsibilities and powers. In addition to base salary, remuneration of the President and CEO, other members of the Group Management Team and other executives reporting directly to the President and CEO can include: short-term variable compensation, share-based long-term variable compensation, pension benefits.
For more information, please see the latest Annual Report or the Remuneration report below.