Executive Board

The Exuctive Board are employed under service contracts, and all terms of the remuneration are determined in the remuneration policy, which is approved at the annual general meeting and by the Supervisory Board. 

The Supervisory Board reviews the remuneration of the Executive Board annually. The review is based on the requirements for attracting and retaining the best qualified executive mananagement members.

Remuneration including incentive plan
The Executive Board's remuneration consists of a fixed salary, pension of 25% of the fixed basic salary and a variable salary. The variable salary constitutes up to 50% of the overall remuneration including pension.

You can read more in the remuneration report.