Remuneration Committee

Duties

The task of the Remuneration Committee is to prepare matters concerning remuneration and employment terms for Capio’s CEO, which are then resolved by the Board of Directors. The task is also to prepare and resolve matters concerning remuneration and employment terms for Group Management members who report directly to the CEO.

The work of the Remuneration Committee also includes proposing guidelines for, among other things, the relationship between fixed and variable compensation and the relationship between performance and compensation, the principal conditions for bonuses and incentive schemes, conditions for non-monetary benefits, pensions, termination and severance pay. Furthermore, the Remuneration Committee monitors and evaluates the outcome of variable compensation schemes and Capio’s compliance with remuneration guidelines adopted by the general meeting.

The Remuneration Committee should hold at least two meetings per year.

During 2017, the Remuneration Committee held a total of four meetings. The attendance of committee meetings by Board members is presented in the table on page 145 in Capio Annual Report 2017.

Composition

The following Board members were appointed members of Capio’s Remuneration Committee at the inaugural Board meeting following the 2017 Annual General Meeting:

  • Michael Wolf (chairperson)
  • Gunnar Németh
  • Birgitta Stymne Göransson

The current composition of the members of Capio’s Remuneration Committee is assessed to meet the requirements stated in the Code. See page 145 in Capio Annual Report 2017 and the nomination committee’s reasoned statement for more information about the independence of the Board.