The Annual General Meeting 2019/2020 resolved, in accordance with the Board of Director’s proposal, on guidelines for remuneration to the CEO and senior executives in accordance with the following.

The total remuneration to individual senior executives in Dustin shall be in line with market practice and shall be competitive in order to attract, motivate and retain key employees. The intention is to create incentives for the senior executives to execute strategic plans and to deliver excellent operative results, as well as to align the interests of the senior executives with the interests of the shareholders.

The remuneration to the CEO and other senior executives shall consist of fixed remuneration, short-term variable remuneration (STI) which based on the achievement of financial targets for the Dustin Group and business area, such as profit, financial efficiency and sales, as well as non-financial achievements related to i.e. sustainability, customer satisfaction and culture. Remuneration is also issued to the CEO and other senior executives in accordance with long-term share or share price related incentive programs (LTI). In addition to the above mentioned pension and other customary benefits are issued.

For further information regarding the guidelines for remuneration please refer to the document ‘’Guidelines for remuneration to the CEO and senior executives". The guidelines are applicable for four years unless change by the annual general meeting prior to that.
For further information regarding our long-term share or share price related incentive programs please refer to the section ‘’Incentive programs’’