Remuneration Committee

In accordance with the Code, the Board of Directors has established a Remuneration Committee, whose main task is to monitor and evaluate remuneration for board members and senior executives. The Committee’s responsibilities include submitting proposals to the Board regarding decisions on remuneration principles, compensation, and other terms of employment for the executive management, as well as evaluating ongoing and completed programs for variable remuneration provided to the executive management. The purpose of the Remuneration Committee is to ensure that the compensation awarded to the company’s executives is appropriate. All members of the Remuneration Committee must be board members elected by the AGM and independent of the company and executive management.

The Remuneration Committee consists of Nicklas Paulson (Chair of the Committee) and Malin af Petersens, both of whom have broad expertise and are independent of the company, executive management, and Stenhus’s major shareholders.

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