Executive remuneration

The board's statement on the establishment of salaries and other remuneration for the general manager and other senior employees and an options allocation scheme for senior management.

In accordance with § 6-16a of the Norwegian Public Limited Companies Act, the board has prepared a statement on the establishment of salaries and other remuneration for senior management for the next fiscal year, which is to be discussed at the AGM.

The AGM will consider the board's guidelines for senior management salary stipulations through an advisory vote, whereas the guidelines for share-based or share-performance-based remuneration at Scana Industrier ASA must be approved by the AGM.

The statement is reproduced in Note 10 to the annual financial statements.