Fees and remuneration

The fees and other remuneration of the members of the Board of Directors, including the Chairman, are decided by the General Meeting. The Annual General Meeting held on April 29, 2026 resolved that the fees for the members of the Board of Directors, for the period until the next Annual General Meeting, shall amount to SEK 550,000 for the Chairman of the Board and SEK 220,000 each for each member of the Board.

The company’s directors are not entitled to any benefits when they resign as directors.

The company strives to offer total compensation that is competitive with the market and that thereby attracts and retains qualified employees. Compensation shall be based on the employee’s position, areas of responsibility, and performance. Total compensation for senior executives shall consist of a fixed salary, variable cash compensation, and a pension.
The fixed salary forms the basis for total compensation. The fixed salary shall be based on the Group Executive’s competence, responsibilities, and performance and shall be competitive in relation to prevailing market standards. The CEO receives a fixed monthly salary of SEK 225,000.

The Group applies a notice period of no more than twelve months. In the event of voluntary resignation, a six-month notice period generally applies. If Cheffelo terminates an employee’s employment, severance pay of up to nine months’ salary may be paid. In addition to the aforementioned variable compensation, share-based incentive programs may be implemented from time to time, subject to approval by the Annual General Meeting; see Incentive Programs.