Corporate governance

Remuneration of the board of directors

Remuneration of directors is determined by the annual general meeting and is not dependent upon the company’s results. The fee reflects the responsibilities of the board, its expertise, the amount of time devoted to board related work and the complexity of the company’s businesses. None of the company’s directors hold share options in the company.

None of the directors perform assignments for the company other than serving on the board of the company or other companies within the Wilh.Wilhelmsen or Wallenius groups.

Deviations from the code: None