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AGM 15 June 2022
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The principles for remunerations are that they should be commercially competitive. The remuneration level should be based on position, competence, experience, and performance.
Guidelines for remuneration of senior executives at Crown Energy are approved at the AGM and currently cover the CEO, COO and CFO, who are in senior management and who are employees of the Company. The policy is that remuneration should be commercially competitive. The remuneration level should be based on position, competence, experience, and performance.
On the AGM 26 May 2021, the following, summarized, guidelines were approved:
For the proposed guidelines, see document to the right.
The guidelines cover currently CEO, COO and CFO, who are in senior management and employees of the Company.
Resolutions on the remuneration of the Board are made at the AGM. At the AGM on 26 May 2021, it was decided that the Chairman of the Board’s remuneration would be SEK 150,000 and that the remuneration of other board members not employed by the Company would be SEK 75,000 each.
Decisions on the remuneration of the CEO are made by the Board. Decisions regarding the remuneration of other senior executives are made by the CEO.
Below you can find the guidelines approved upon on the annual general meeting 24 June 2020.
Remunerations of employed senior executives during 2020 can be found in the Corporate Governance Report 2020 below. No variable remuneration or benefits have been paid to neither the Board of Directors of senior executives.