The Annual General Meeting confirms the compensation of Board members annually. Members of the Board of Directors are compensated only based on Board membership and committee work.
The AGM approved the proposed annual remuneration of EUR 25,000 for the members of the Board of Directors, EUR 50,000 for the chairman of the Board and EUR 2,500 for the committee members. No separate meeting fees to be paid. The AGM approved that the members of the Board are compensated for their travel expenses.
Circa 40 per cent of the annual remuneration will be paid with the shares of the company. Conversion into the shares will be carried out based on the average share price of the company’s class B-share in May 2023 and the shares will be handed over in June 2023.