Remuneration Policy

Introduction
The object of Scandinavian Private Equity A/S’s remuneration policy is to ensure a strong coincidence of interest between the Company’s Board of Directors, Executive Board and shareholders.

Remuneration of the Board of Directors
The Board of Directors of the Company receives a fixed fee and is not subject to bonus or option schemes.

The Board of Directors receives market-consistent remuneration that mirrors the required competencies and efforts of the directors eg. given the scope of tasks and number of board meetings. The proposed remuneration of the Board of Directors for the current financial year is subject to approval at the Company’s Annual General Meeting.

Remuneration of the Executive Board
The Board of Directors determines the remuneration of the Executive Board.

In order to attract and retain a competent Executive Board, the Company aims that the remuneration of the Executive Board is competitive relative to the tasks and responsibilities, which the tasks entail, as well as the results achieved.

The Executive Board’s remuneration package can consist of a fixed basic salary as well as incentive payment in accordance with the Company’s “General guidelines on incentive pay for the Board of Directors and the Board of Management”.

The Executive Board is not entitled to any termination benefits in addition to the fixed salary paid during a notice period (not exceeding six months).