Since 14th of May 2024, the remuneration committee consists of Rickard Blomqvist (Chairman), Mari-Katharina Jonsson Kadowaki and Susanna Hilleskog.
The remuneration committee has an advisory function and a preparatory function as regards matters on which decisions must be taken, before they are addressed and decided upon by the Board of Directors of GARO. The remuneration committee works in accordance with rules of procedure adopted by the Board of Directors. The main duties of the remuneration committee are to prepare decisions by the Board of Directors on issues concerning remuneration principles, remuneration and other employment terms for Group management; to monitor and assess variable remuneration programmes for Group management; and to monitor and assess the application of the guidelines for remuneration to the Group management decided upon by the Annual General Meeting, as well as applicable remuneration structures and remuneration levels in GARO.
The CEO does not participate in committee work.