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Compensation. Committed to fairness.

We are committed to fair, balanced, and performance-based compensation practices. Learn more about our compensation policy, which aligns employee and shareholder interests.

The objectives of the Group's compensation policy (PDF) include attracting, retaining and motivating employees to achieve results with integrity and fairness. The compensation policy is designed to support a performance culture which fosters teamwork and collaboration. Furthermore, it aims to promote effective risk management practices consistent with the Group's compliance and control framework. The compensation policy takes into account the capital position and economic performance of the Group over the long term and balances the fixed and variable incentive compensation components to reflect the value and responsibility of the roles that employees perform. The objectives of the compensation policy are framed to achieve an appropriate balance between the interests of shareholders and employees in order to create sustainable value for the Group.

Message from Chair of the Compensation Committee

Annual Compensation Report

Integration of sustainability risks in Compensation Policy

Information on integration of sustainability risks in compensation policy in connection with the Sustainable Finance Disclosure Regulation of the European Union (EU) 2019/2088.

Compensation to the Executive Board

Compensation payable to the Executive Board members, including the CEO, is proposed by the Board upon recommendation by the Compensation Committee and subject to shareholder approval at the AGM.

  • Overview of 2020 Short-Term Incentive awards

  • Overview of 2020 Long-Term Incentive opportunities

Compensation to the Board of Directors

Compensation payable to members of the Board, including the Chairman, is proposed by the Board upon recommendation by the Compensation Committee and subject to shareholder approval at the AGM. 

  • Board of Directors Compensation 2020/2021