Members of the Board of Directors elected by the Annual General Meeting receive compensation in an amount determined by the Annual General Meeting.
Compensation to employee representatives is also determined by the Annual General Meeting.
The general meeting 2016 resolved to establish incentive programmes for the board of directors and senior management. The incentive programmes offered the members of the board of directors and the members of the senior management team the possibility to acquire warrants that can be used for subscription of shares during the period from and including 1 May 2019 up to and including 31 May 2019.
The subscription price for the shares which are subscribed for by virtue of the warrants, shall be determined as 150 percent of the average price for Eniro’s ordinary share during the five trading days preceding the annual general meeting 2016.
Upon full exercise of the warrants no more than 19,850,000 new ordinary shares will be issued, which represent a dilution effect of approximately 3 percent, based on the number of shares (after full dilution resulting from full conversion of outstanding convertibles) at the date of the notice to the Annual General Meeting 2016.
For detailed information about the warrant programmes, see the documents related to the Annual General Meeting 2016.
|Remuneration of members of the Board 2015|
|SEK||Board work||Committee work|
|Lars-Johan Jarnheimer, Chairman 2)||1,100,000||127,500|
|Stina Honkamaa Bergfors||420,000||75,000|
|Leif Aa. Fredsted||420,000||n/a|
|Katarina Emilsson-Thudén 1)||27,000||n/a|
|Jonas Svensson 1)||27,000||n/a|
|1) Employee representative|
|2) Lars-Johan Jarnheimer received 70% of the annual fee for his work on the Audit Committee, since he served on the committee only after the time that Staffan Persson left the Board on July 16, 2015.|