Principles for compensation to senior executives
By decision of the Extraordinary General Meeting of Bisnode in September 2007, compensation to the CEO and the six other members of the executive management shall consist of fixed salary, a variable salary component, any long-term incentive schemes, other benefits and pension.
The total amount of compensation shall be market-based and competitive, and shall be proportionate to the individual’s responsibilities and powers. The variable salary component shall be based on the attainment of defined and measurable goals, and shall not exceed a maximum amount in relation to the established target salary. Variable compensation may never exceed fixed salary.
In the event of dismissal by the company, the total amount of final salary and termination benefits may not exceed 18 monthly salaries. Pension plans shall be of either the defined benefit or defined contribution type, or a combination of these, and shall entitle the senior executive to receive pension benefits from the age of 65 years.
The previously decided compensation levels are within the framework of these principles.
The Board of Directors may deviate from these principles only in individual cases where there is special reason to do so.
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