EN
Remuneration of the Board of Directors
Members of the Board of Directors are encouraged to hold shares of the company, and the General Meeting can resolve to pay part of the remuneration of the Board in shares of the company.
Board members are not compensated separately for Board or Committee meetings. The Board members are not employed by the company or any company belonging to the group, and they are not entitled to employment-related salary benefits or pension benefits. Members of the Board of Directors are not included in Kamux’s short- or long-term incentive plans.
The General Meeting on April 20, 2023, resolved on the following annual remuneration for members of Kamux’s Board of Directors:
| Member | Annual fee |
| Chairperson of the Board | EUR 68,000 |
| Member of the Board | EUR 31,000 |
| Chairperson of the Audit Committee | EUR 5,000 |
| Member of the Audit Committee | EUR 2,500 |
| Chairperson of the Personnel and Remuneration Committee | EUR 5,000 |
| Member of the Personnel and Remuneration Committee | EUR 2,500 |
Of the annual remuneration of the Chairperson and members of the Board, 40 percent is paid in Kamux shares and 60 percent in cash. There are no special terms or conditions associated with owning the shares received as remuneration. The fees of the Committee members are paid in cash.
Traveling expenses of the Board members are compensated in accordance with the company’s travel policy.
