The Remuneration Committee is tasked with preparing and presenting proposals to the Board regarding compensation and other benefits for corporate management and remuneration principles for external directors serving on the boards of group subsidiaries. The Remuneration Committee has no decision-making authority.
The Remuneration Committee is comprised of at least three members. The Chairman of the Board or the Vice Chairman of the Board chairs the Committee. The Committee meets at least twice per year. The Committee chair is responsible for regularly apprising the Board of the Committee’s activities.