New Wave Group Annual Report 2023 | Page 117

NWG // FINANCIAL INFORMATION // THE PARENT COMPANY
SEK million
2023 Salaries and other remuneration
Of which bonus
Pension costs
2022 Salaries and other remuneration
Of which bonus
Pension costs
Torsten Jansson , CEO
0.9
0.0
0.2
0.9
0.0
0.3
Olof Persson , Chairman of the Board
0.5
0.0
0.0
0.5
0.0
0.0
Kinna Bellander , Board Member
0.3
0.0
0.0
0.3
0.0
0.0
Mats Årjes , Board Member ( resigned 2022 )
0.0
0.0
0.0
0.2
0.0
0.0
M . Johan Widerberg , Board Member
0.3
0.0
0.0
0.3
0.0
0.0
Jonas Eriksson , Board Member
0.2
0.0
0.0
0.2
0.0
0.0
Ingrid Söderlund , Board Member
0.2
0.0
0.0
0.2
0.0
0.0
Ralph Mulrad , Board Member
0.2
0.0
0.0
0.2
0.0
0.0
Isabella Jansson , Board member ( newly elected 2023 )
0.1
0.0
0.0
0.0
0.0
0.0
Other senior executives *
5.9
0.6
1.9
5.7
0.0
2.0
Total
8.6
0.6
2.1
8.4
0.0
2.3
* See pages 60-61 .
Warrants
The Parent company has no outstanding warrants .
Pension obligations
For white-collar employees in Sweden the ITP 2-plan ' s defined benefit pension obligations for retirement- and family pensions ( or family pension ) are secured through insurance in Alecta . According to a statement from the Swedish Financial Reporting Board , UFR 10 Accounting for pension plan ITP 2 financed by insurance in Alecta , this is a defined benefit plan that covers several employers . For financial year 2023 the company has not had access to information in order to account for its proportionate share of the plan ' s obligations , plan assets and costs which meant that the plan has not been possible to account for as a defined benefit plan . The pension plan ITP 2 secured through insurance with Alecta is therefore recognized as a defined contribution plan . The premium for the defined benefit retirement and family pension is individually calculated and is dependent on factors including salary , previously earned pension and expected remaining period of service . Expected premiums for 2024 amount to SEK 2.8 ( 2.9 ) million .
The collective funding level is the market value of Alecta ’ s assets in percent of the commitments calculated in accordance with Alecta ´ s calculation assumptions for insurance purposes , which do not comply with IAS19 . The collective consolidation level is normally allowed to vary between 125 % and 155 %. If Alecta ’ s consolidation level fall below 125 % or exceed 155 % measures should be taken in order to create conditions to reestablish the consolidation level to the normal range . At low consolidation , a measure can be to raise the agreed price for new agreements . At high consolidation , a measure can be to introduce premium reductions . Alecta ’ s collective funding ratio at the end of the year was 158 % ( 172 %).
ANNUAL REPORT // 117