FEES AND OTHER FINANCIAL BENEFITS FOR THE MEMBERS OF THE BOARD OF DIRECTORS, AUDIT COMMITTEE AND REMUNERATION COMMITTEE


Principles and decision-making sequence

Aspo Plc’s Annual Shareholders’ Meeting decides on the fees and other financial benefits of the members of the Board of Directors, the Audit and Remuneration Committee annually. The fees of the members of the Board of Directors are paid as monetary remuneration. The members of the Board of Directors do not have any share-based incentive plans. The shareholders’ Nomination Board of Aspo Plc, appointed by Aspo Plc’s Annual Shareholders’ Meeting, prepares proposals for the Annual Shareholders’ Meeting regarding remuneration and other financial benefits provided for members of Aspo Plc’s Board of Directors and its committees.

The remuneration for the Board of Directors, the Audit and the Remuneration Committee, decided by the Annual Shareholders’ Meeting 2020

Chairman of the Board of Directors 

EUR 5,400 / month

Vice Chairman of the Board of Directors EUR 4,050 / month
Members of the Board of Directors EUR 2,700 / month
Chairman of the Committee EUR 1,050 / meeting
Members of the Committee EUR 700 / meeting

If the Chairman of the Audit or the Remuneration Committee is also the Chairman or the Vice Chairman of the Board of Directors, the fee paid to the Chairman of the Committee is the same as that paid to members of the  Committee. Board or Committee members employed by or in a service relationship with an Aspo Group company are not paid a fee.

 


Updated: 02.07.2020