In May 2021, in accordance with the amended section of 6-16a of the Public Limited Liability Companies Act, the Board of Directors presented a Remuneration Policy to the Annual General Meeting in, where it was adopted. This was part of the adoption and implementation of the EU Shareholder Rights Directive II.
As of 2022 the Remuneration Policy, together with the annual Remuneration Reports, replaces the Statement of Executive Compensation as previously presented in the annual reports. The Remuneration Policy is intended to remain in place for four years at the time unless otherwise proposed by the Board of Directors and approved by the AGM.