The General Meeting confirms the remuneration of Board members annually, and the Board confirms the CEO’s salary and other benefits. The incentives of the CEO are decided by the Board of Directors. Board members are remunerated solely on the basis of their Board membership, excluding the Chair of the Board, who participates in business transactions made by the Company in an operational capacity.
On 1 April 2019, the Company’s Annual General Meeting decided that the remuneration of the Chair of the Board is EUR 4,000 per month and that the remuneration of other Board members is EUR 2,000 per month. Travel expenses of Board members will be compensated for pursuant to the Company’s travel policy but no other meeting fees will be paid.