Remuneration

Remuneration of the CEO, Board and incentive programmes

REMUNERATION OF THE BOARD

Annual Board fees are payable in accordance with a resolution at the 2019 AGM in an amount of SEK 400,000 to the Chairman of the Board and SEK 200,000 to each Board member. No Board fees are paid to an elected Board member who simultaneously receive salary from the Company.

Annual fees to the Board members, in addition to the Board fees, which are included in the Audit Committee and the Remuneration Committee, which do not receive salary from the Company, shall be paid SEK 50,000 to the Chairman of the Committee and SEK 35,000 to other Board members who are a member of the Committee.

REMUNERATION OF THE CEO

The CEO receives a monthly salary of EUR 19,000 per month.

INCENTIVE PROGRAMMES

Enlabs AB currently has an outstanding incentive program, named TO5-2021

On May 18, 2018, the Annual General Meeting of Enlabs resolved to issue a directed issue of no more than 1,800,000 warrants, distributed to key persons within the Group. The subscription price amounts to SEK 30.25 per share and the option premium to SEK 4.31 per option as measured by the so-called Black & Scholes model, by the audit company PwC.

Stock subscription can take place no earlier than 2021-06-08 and no later than 2021-12-31.