Remuneration

Remuneration

Remuneration of the Board of Directors

Pursuant to the Finnish Companies Act, the company’s shareholders determine the amount of compensation for members of its Board of Directors at the Annual General Meeting. On 5 April 2022, the company’s Annual General Meeting resolved that the Chairman of the Board of Directors is paid remuneration of EUR 3,000 per month and other Board members EUR 1,500 per month. The Board does not have other remuneration schemes.

Remuneration of the Audit Committee

On 5 April 2022, Lemonsoft’s Annual General Meeting resolved that the Chairman of the Audit Committee will be paid a fee of EUR 1,000 per meeting and that the members of the Committee will be paid a fee of EUR 500 per meeting.

Remuneration of the Management Team and CEO

The Board of Directors decides on the CEO’s and the Management Team’s salary, remuneration and other benefits. The salaries and remuneration paid to the CEO and the members of the Management Team consist of a monthly salary, fringe benefits and performance-based remuneration.