Remuneration
Remuneration to the Board of Directors
Fees and other remuneration to the members of the board of directors, including the chairman, are resolved by the general meeting. At the annual general meeting held on 28 May 2025 the following fees were resolved:
- Chairman of the board of directors SEK 580,000
- Other members of the board of directors SEK 320,000
- Chairman of the audit committee SEK 185,000
- Other members of the audit committee SEK 89,000
- Chairman of the remuneration committee SEK 75,000
- Other members of the remuneration committee SEK 36,000
Remuneration to the executive management
The remuneration and the other terms of employment of the CEO and management shall be competitive so that Nordic Paper can attract, engage and retain competent management, which is a prerequisite for the successful implementation of the company’s business strategy and safeguarding of its long-term interests, including its sustainability. In addition, total remuneration offered should be market-relevant and provide a shared responsibility among members of management for overall company results.
The annual general meeting held on 28 May 2025 resolved to adopt the following guidelines that shall apply in relation to remuneration of the Board of Directors, the CEO and the other members of the senior management.