EAB Group Plc publishes its updated Remuneration Policy for Governing Bodies
EAB Group Plc, Stock Exchange Release, 28 August 2020, 9:20 a.m. (EET)
EAB Group Plc publishes its updated Remuneration Policy for Governing Bodies
EAB Group Plc publishes an updated Remuneration Policy for Governing Bodies, which will be discussed at the Annual General Meeting convened today and hold on 22 September 2020. The Remuneration Policy for Governing Bodies published on 13 March 2020 has not been discussed at the Annual General Meeting as the company’s Annual General Meeting was cancelled in the spring 2020.
In the updated Remuneration Policy now announced, flexibility and discretion have been increased to the Board of Directors regarding the incentive plan used to remunerate the CEO, for example, by allowing remuneration to be paid in shares of a subsidiary. The maximum amount of the CEO's variable remuneration in accordance with the Remuneration Policy remains unchanged despite the changes.
The Remuneration Policy is available in Finnish at www.eabgroup.fi/sijoittajat/hallinnointi/palkitseminen.
EAB GROUP PLC
Board of Directors
Further information:
EAB Group Plc
Daniel Pasternack, CEO
+358 50 569 3416
daniel.pasternack@eabgroup.fi
Therese Cedercreutz, Chairman of the Board
+358 40 544 2502
therese.cedercreutz@miltton.com
Elite Alfred Berg offers responsible investment and asset management services for private investors, institutions and professional investors. Elite Alfred Berg is the marketing name of the EAB Group. The Group's parent company EAB Group Plc’s shares are listed on the Nasdaq Helsinki stock exchange. The Group companies include EAB Asset Management Ltd, which offers asset management activities, and EAB Fund Management Ltd, which acts as a fund company and authorised alternative investment fund manager. The Group’s customer base consists of individuals and corporations that are served nationwide in 13 different locations. The Group employs 86 investment professionals, and more than 20 tied agents provide its services. On behalf of its clients, the Group manages assets of EUR 3 billion. Explore EAB Group’s services at www.eabgroup.fi.
DISTRIBUTION:
Nasdaq Helsinki Oy
The main news media
www.eabgroup.fi
APPENDIX:
EAB Group Plc’s Remuneration Policy for Governing Bodies