Renumeration to members of the Board of Directors

Fees to Board members elected by shareholders’ meetings are resolved by the AGM after proposals from the Nomination Committee.

The following table states the fees paid to Board members elected by shareholders' meetings in 2014.

Board member Position Director´s fee Fee for committee work
Anders Narvinger Chariman 800,000 SEK -
Bernt Magnusson Member 250,000 SEK -
Brian Linden(1) Member - -
Søren Christensen Member - -
Mats Jönsson Member 500,000 SEK -
Mikael Stöhr Member - -
Total   1,575,000 SEK  

(1)Brian Linden left the Board of Directors on 2 June 2015.

The AGM on 28 April 2015 resolved that fees of SEK 700,000 would be payable to the Chairman of the Board, and SEK 250,000 to each of the other Board members elected by shareholders' meetings but not employed by Coor.

The AGM also resolved that fees for work on the Audit Committee of SEK 150,000 would be payable to its Chairman, and SEK 100,000 to each other member of the Committee, that fees for work on the Remuneration Committee of SEK 50,000 would be payable to its Chairman, and SEK 50,000 to each other member of the Committee, and that fees for work on the Project Committee of SEK 50,000 be payable to its Chairman, and SEK 50,000 to each other member of the Committee not employed by Coor.