Variable Compensation

Within the framework of the remuneration principles adopted by the Annual General Meeting, the Company applies short-term variable remuneration paid in cash (STI). The STI targets shall be individual and measurable as well as linked to specific performances, processes and transactions. The STI can amount to a maximum of 100 percent of the fixed salary. The Board may resolve that part of the STI shall be invested in shares or share-related instruments in the company.