New Wave Group Annual Report 2021 - EN | Página 84

NWG // FINANCIAL INFORMATION //
THE GROUP
Salaries and other remuneration distributed by country and divided between Board members , CEOs and other employees
SEK million
2021 Board and CEO
Of which bonus *
Other employees
2020 Board and CEO
Of which bonus *
Other employees
Parent company
2.5
0.0
23.3
2.1
0.0
26.4
Group companies in Sweden
13.7
1.5
275.6
14.0
0.6
263.0
Group companies abroad Belgium
2.5
1.3
27.0
2.5
1.3
28.9
Denmark
1.9
0.4
23.9
1.6
0.0
35.1
Finland
1.7
0.3
19.0
1.9
0.0
18.7
France
2.6
1.2
9.6
1.4
0.0
9.8
Hong Kong
0.0
0.0
0.7
0.0
0.0
0.9
Iceland
0.8
0.0
0.8
0.8
0.0
0.5
Italy
6.9
4.0
16.5
4.6
1.4
12.8
Canada
3.8
0.4
22.9
4.2
0.1
22.1
China
2.2
0.2
28.0
2.1
0.0
27.8
The Netherlands
6.7
1.0
50.7
6.8
0.0
58.5
Norway
1.6
0.0
34.6
1.6
0.0
31.1
Poland
0.7
0.0
17.0
0.6
0.0
16.1
Switzerland
4.3
0.7
21.8
3.9
0.0
24.2
Spain
1.7
0.0
5.1
1.2
0.0
3.9
United Kingdom
1.7
0.2
6.7
1.5
0.1
7.8
Germany
1.5
0.0
28.1
1.2
0.0
28.0
USA
12.9
1.4
231.0
10.7
0.3
207.2
Austria
1.1
0.0
7.4
1.0
0.0
7.5
Total Group companies abroad
54.4
10.9
551.0
47.6
3.2
540.9
Group total
70.6
12.5
849.9
63.6
3.9
830.3
* Bonuses are related to performance and are settled annually with no future commitment .
Conditions of employment for the CEO
Remuneration to the CEO comprises a fixed salary from New Wave Group AB . No Board member fees or other remuneration such as bonuses are paid to the CEO . As pension insurance for the CEO , a market-adjusted defined contribution plan is in place . A mutual notice period of six months applies for the CEO and no severance pay is awarded .
The conditions of employment for other senior executives
Other senior executives are the eight persons who make up the Group management together with the CEO . For the structure of the Group Management , see page 60 . Remuneration to the other senior executives mainly comprises a fixed salary . Some of the senior executives are also entitled to bonus , mainly based on the result growth for the companies in which they are active . No board member fees are paid when senior executives take part of Group companies ' boards . Market-adjusted fixed payment pension agreements exist for the other senior executives . A mutual notice period of between three to six months exists for the other senior executives and no severence pay is awarded .
Decision-making process
There is no specially appointed remuneration committe to deal with salaries , pension benefits , incentives and other employment-related conditions for the CEO and the Group ' s other
084 // ANNUAL REPORT