Incentive

Compensation and incentive programs

Senior executives/board of directors

At the company's Annual General Meeting on 14 May 2025, it was decided that the board of directors' fees shall be paid in the amount of SEK 500,000 to the chairman and SEK 250,000 to other members for the period until the end of the next annual general meeting. No special fees are paid for committee work. Employee representatives do not receive board fees.

Remuneration to the CEO and other senior executives in 2024 consisted of basic salary, variable remuneration, other benefits and pension. The principles for salary and incentive systems for the CEO and senior executives were established by the 2025 Annual General Meeting. Other senior executives refer to the persons who, together with the CEO, constitute the company's management. In 2024, the Group Management consisted of 3 persons, who are presented on page 107 of the The annual and sustainability report for 2024. pdf, 2.4 MB, opens in new window.

The distribution between basic salary and variable remuneration shall be in proportion to the executive's responsibility and authority. For management, the variable part for 2024 was based on the Prevas Group's operating profit. The remuneration was capped at 50 percent of the basic salary for the CEO and for other senior executives it was limited to 25 percent of the basic salary. See further information in Remuneration report Pdf, 275.3 kB. pdf, 275.3 kB, opens in new window.

The notice period for the CEO is 6 months and for the company 6 months. The CEO and other senior executives are entitled to pension benefits on market terms. The retirement age for the CEO and other senior executives is 65 years.

Warrant program 2023/2026

Program 2023/2026 includes a maximum number of 47,500 warrants, which can be redeemed for shares in the company. The right to acquire warrants was granted to a limited number of senior executives in the Prevas Group. Each warrant gives the right to subscribe for one share in the company. The quota value is SEK 2.50 per share and thus the increase in the company's share capital can amount to a maximum of SEK 118,750 upon full exercise of the warrants. The warrants are subject to a right for the company or its subsidiaries to repurchase if a participant's employment ends during the term. New subscriptions with the support of the warrants can be made during a period of one month from the date of publication of the interim report for the period April 1 - June 30, 2026. The premium paid for the warrants corresponded to an estimated market value which has been calculated using the Black & Scholes model.

Warrant program 2024/2027

Program 2024/2027 includes a maximum number of 500,000 warrants, which can be redeemed for shares in the company. The right to acquire warrants was granted to key personnel in the Prevas Group, both persons reporting to the CEO and other key personnel. Each warrant gives the right to subscribe for one share in the company. The quota value is SEK 2.50 per share and thus the increase in the company's share capital can amount to a maximum of SEK 1,250,000 upon full exercise of the warrants. The warrants are subject to a right for the company or its subsidiaries to repurchase if a participant's employment terminates during the term. New subscriptions with the support of the warrants can be made during a period of two weeks from the date of publication of the interim report for the period July 1 - September 30, 2027. The premium paid for the warrants corresponded to an estimated market value which has been calculated using the Black & Scholes model.

Warrant program 2025/2028

Program 2025/2028 includes a maximum number of 500,000 warrants. Each warrant entitles the holder to subscribe for one new B share in the company at a subscription price corresponding to an amount equal to 130 percent of the volume-weighted average price of the company's share during a period of 21 trading days between April 11, 2025 and May 14, 2025. The warrants shall be transferred on market terms at a price (premium) determined based on an estimated market value of the warrants using a generally accepted valuation model (Black & Scholes). New subscriptions for shares based on the warrants may be made during a period of two weeks from the date of publication of the interim report for the period April 1 – June 30, 2028, but no later than two weeks from August 31, 2028.