Pandox has a Remuneration Committee consisting of two mem-bers: Christian Ringnes (chair) and Jakob Iqbal.
Remuneration Committee duties:
• Preparing for board decisions on remuneration principles and on remuneration and other employment terms for the executive management team.
• Monitoring and evaluating ongoing programmes and pro-grammes concluded during the year for variable remuneration to the executive management team.
• Monitoring and evaluating the application of remuneration guidelines for senior executives that were approved by the AGM, and the applicable remuneration structures and com-pensation levels within the Company.
• Reviewing and preparing proposals on all share-related incentive schemes to put before the executive management team.
During the year the Remuneration Committee paid special attention to matters relating to salaries and other remuneration for the CEO and executive management team. In addition, any matters concerning incentive schemes for key individuals at Pandox are addressed.
In 2022 the Remuneration Committee held two meetings for which minutes were kept and reported to the Board of Directors.