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Avanza
Avanza Bank Holding |
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Remuneration to Group Managment

Our customers always come first. Performance – including Group Management’s performance – is therefore measured by customer satisfaction, growth, scalability and cost effectiveness. We think long-term and don’t focus on short-term profitability.

Group Management’s remuneration shall reflect each person’s experience, competence and performance. Remuneration comprises a fixed salary.

The CEO’s terms of employment, remuneration and benefits are prepared by the remuneration committee and approved by the board of directors. Remuneration to other members of the group management is approved by the board of directors upon the proposal by the remuneration committee and after consultation with the CEO.

Members of the group management have acquired warrants on market terms in accordance with the incentive program resolved by the extraordinary general meeting on 5 July 2017 as well as the annual general meeting on 20 March 2018 and 19 March 2019.

Guidelines for remuneration to Group Management approved by the AGM 2019. Remuneration to Group Management for 2018 amounted to:

 Basic salaryPension costTotal:
CEO6,4352,6329,067
Deputy CEO2,2891,0763,365
Other senior executives12,5673,33815,904
Total:21,2917,04531,454