Remuneration and benefits

Remuneration to the CEO and other members of the management team is made up of a fixed amount, other benefits and pensions. Fixed remuneration to the CEO for 2011 amounted to SEK 360,000 per month.

The CEO's pension level in relation to his salary was 35 per cent of the pensionable salary in 2011. "Pensionable salary" refers to fixed remuneration including holiday remuneration. Besides a mutual notice period of six months, the CEO will be entitled to remuneration over 18 months equivalent to the salary paid over the notice period.

For other leading officials, a mutual notice period of six months will be applied. There are no special benefits for the executive management except for cars subject to arrangements which are cost-neutral to the employer.