In accordance with a decision of the board meeting immediately following election and based on an assessment of the most suitable arrangement, the remuneration committee will consist of the entire board, with Patrik Tigerschiöld as chairman, for the coming year. Refer to the presentation of the board under Board of Directors for a presentation of the independence of each member.
The committee is in charge proposing remuneration, its principles and other terms of employment for group management to the annual general meeting. The meeting adopts these principles and guidelines. Because the remuneration committee consists of the entire board, questions concerning bonus systems, as well as remuneration for the CEO and senior executives, were discussed at scheduled board meetings.