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 30 August 2021, the company’s shareholders unanimously 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 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.