Remuneration of the Board of Directors

The Annual General Meeting passes a resolution on the remuneration to be paid to board members. The 2019 Annual General Meeting passed a resolution on board fees totaling SEK 6,675,000 (excluding remuneration for committee work), to be allocated between the members as follows: SEK 2,350,000 to the Chairman, SEK 900,000 to the Vice Chairman, and SEK 685,000 to each of the other members elected by the Annual General Meeting.

As remuneration for committee work, the Chairman of the Audit Committee is to receive SEK 275,000, the Chairman of the Remuneration Committee SEK 150,000, members of the Audit Committee (Chairman excluded) SEK 200,000 each and member of the Remuneration Committee (Chairman excluded) SEK 75,000.

The Chairman and other board members have no pension benefits or severance payment agreements. The employee representatives do not receive board fees.