Remuneration

Fees to the members of the board of directors

Fees to the members of the board of directors of Scandi Standard are resolved upon by the annual general meeting of the company. For information on the board fees for the time until the next annual general meeting, please refer to the minutes from the latest annual general meeting under Previous general meetings.

Remuneration to the managing director and other senior executives

Pursuant to the Swedish Companies Act (Sw. aktiebolagslagen), the annual general meeting is to resolve on guidelines regarding salary and other remuneration to the managing director and other persons in the company’s senior management. For information on Scandi Standard’s current guidelines for remuneration to the senior management, please refer to the minutes from the latest annual general meeting that most recently adopted updated guidelines under Previous general meetings.

Long-term incentive program

In addition to the above-mentioned guidelines for remuneration to the senior management, the general meeting of Scandi Standard may resolve on long-term incentive programs such as share and share price-related incentive programs. Such incentive programs shall be designed to promote the long-term value growth of the company and the group and increase alignment between the interests of the participating individual and the company’s shareholders.

The recent annual general meetings in Scandi Standard have resolved to establish long-term incentive programs (so-called LTIPs) for senior executives and certain other key employees of the group.

For further information on the outstanding incentive programs, please refer to the minutes from the respective annual general meetings under Previous general meetings.

Remuneration reports

For more information regarding the company’s remuneration, please refer to the remuneration reports approved by the annual general meeting of Scandi Standard under Previous general meetings.