Remuneration guidelines

Here, you will find Vattenfall's compensation guidelines, including directors' fees and compensation of senior executives, as decided by the shareholder at the Annual General Meeting.

Directors’ fees

Directors’ fees and fees for committee work are set by the Annual General Meeting, based on the state’s ownership policy.

The Annual General Meeting 2025 decided that, for the period until the end of the next Annual General Meeting, the Chairman of the Board receives a fee of SEK 1 020 000 and other Directors elected at the Annual General Meeting receive a fee of SEK 460 000 per Director.

For the work in the Audit Committee, the Chair receives a fee of SEK 130 000 and the Directors receive a fee of SEK 97 000 per Director.

For the work in the Remuneration Committee, the Chair receives a fee of SEK 65 000 and the Directors receive a fee of SEK 48 000 per Director.

No fee is received by Directors employed at the government offices or to employee representatives.

Remuneration of senior executives

The Annual General meeting of Vattenfall AB has adopted guidelines for remuneration of senior executives. These Guidelines are based on the Swedish State’s ownership policy. Senior executives are defined on the basis of whether they have a significant impact on the Group’s earnings, through use of the International Position Evaluation (IPE) model. Managers with positions of IPE 68 and higher are to be considered as senior executives.

Vattenfall does not pay any variable compensation to senior executives.

Directors’ fees as well as remuneration for the CEO and other senior executives, and compliance with the guidelines set by the 2023 and 2024 Annual General Meetings are described in more detail in the Remuneration report and in the Annual and sustainability report, Note 11 to the consolidated accounts.