The most important duties are:
- to conduct drafting work for board decisions on matters regarding remuneration principles, and on remuneration and other terms of employment for members of the Executive Group Management and other senior executives
- to monitor and evaluate how the Guidelines for remuneration to Senior Executives are applied, which the Shareholder’s Meeting is required to make a decision on by law, as well as in relation to current remuneration structures and levels of remuneration within the company; and
- to conduct drafting work for the Board’s decisions on overarching remuneration principles, such as the general existence of, amount and structure of variable remuneration (for employees who are not senior executives).
The President serves in a reporting role on the Remuneration Committee.