Last update: 22 April 2026
Remuneration for the Board members was approved on the AGM in April 21, 2026 and is based on proposals from the Nomination Committee. The AGM also approved the guidelines for remuneration to the senior management team including fixed salary, variable salary, other benefits and pension.
The AGM approved Board fees such that the chairman of the Board shall receive SEK 1,125,000 (previously SEK 860,000) and each of the other Board members elected by the AGM will receive SEK 470,000 (previously SEK 350,000). The AGM resolved that fees can be paid to Board members for certain services in addition to Board work (consultancy services etc.) in their respective fields of expertise, provided that such services have been approved in advance by the chairman of the Board or by two Board members. Any remuneration for such services may not exceed SEK 470,000 (previously SEK 350,000). Fees for work on the Board committees were resolved to be paid in an amount of SEK 125,000 (unchanged) to each member of the audit committee and with SEK 200,000 (unchanged) to the chairman of the audit committee and with SEK 107,000 (unchanged) to each member of the remuneration committee and with SEK 160,000 (unchanged) to the chairman of the remuneration committee. Furthermore, the AGM approved that the remuneration to the auditors shall be paid in accordance with approved invoice.
The fees cover the period until the next Annual General Meeting in 2027.
Remuneration to the senior management including incentive program
The current guidelines for remuneration of the Group Management Team were adopted by the AGM on 21 April 2026. 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, termination benefits and other benefits.
For more information, please see the latest Annual and Sustainability Report or the Remuneration report below.