Nokia 2008 Annual Report Download - page 100

information with respect to the Nokia shares and equity awards held by the members of the Board of
Directors, please see Item 6E. “Share Ownership”.
Year
Fees
Earned or
Paid in
Cash
(EUR)
(1)
Stock
Awards
(EUR)
(2)
Option Awards
(EUR)
(2)
NonEquity
Incentive
Plan
Compensation
EUR
(2)
Change in
Pension Value
and Nonqualified
Deferred
Compensation
Earnings
(EUR)
(2)
All Other
Compensation
(EUR)
(2)
Total
(EUR)
Jorma Ollila, Chairman
(3)
. . 2008 440 000 – – – – – 440 000
Marjorie Scardino, Vice
Chairman
(4)
.......... 2008 150 000 – – – – – 150 000
Georg Ehrnrooth
(5)
...... 2008 155 000 – – – – – 155 000
Lalita D. Gupte
(6)
........ 2008 140 000 – – – – – 140 000
Bengt Holmstro
¨m....... 2008 130 000 – – – – – 130 000
OlliPekka Kallasvuo
(7)
.... 2008 130 000 – – – – – 130 000
Henning Kagermann ..... 2008 130 000 – – – – – 130 000
Per Karlsson
(8)
......... 2008 155 000 – – – – – 155 000
Risto Siilasmaa
(9)
....... 2008 140 000 140 000
Keijo Suila
(10)
.......... 2008 140 000 – – – – – 140 000
(1)
Approximately 60% of each Board member’s annual remuneration is paid in cash and the
remaining 40% in Nokia shares purchased from the market.
(2)
Not applicable to any nonexecutive member of the Board of Directors.
(3)
The 2008 fee of Mr. Ollila was paid for his services as Chairman of the Board.
(4)
The 2008 fee of Ms. Scardino was paid for her services as Vice Chairman of the Board.
(5)
The 2008 fee paid to Mr. Ehrnrooth amounted to a total of EUR 155 000, consisting of a fee of
EUR 130 000 for services as a member of the Board and EUR 25 000 for services as Chairman of
the Audit Committee.
(6)
The 2008 fee paid to Ms. Gupte amounted to a total of EUR 140 000, consisting of a fee of
EUR 130 000 for services as a member of the Board and EUR 10 000 for services as a member of
the Audit Committee.
(7)
This table includes remuneration paid to Mr. Kallasvuo, President and CEO, for his services as a
member of the Board only. For the compensation paid for his services as the President and CEO,
see “—Executive Compensation—Actual Executive Compensation for 2008—Summary
Compensation Table 2008” below.
(8)
The 2008 fee paid to Mr. Karlsson amounted to a total of EUR 155 000, consisting of a fee of
EUR 130 000 for services as a member of the Board and EUR 25 000 for services as Chairman of
the Personnel Committee.
(9)
The 2008 fee paid to Mr. Siilasmaa amounted to a total of EUR 140 000, consisting of a fee of
EUR 130 000 for services as a member of the Board and EUR 10 000 for services as a member of
the Audit Committee.
(10)
The 2008 fee paid to Mr. Suila amounted to a total of EUR 140 000, consisting of a fee of EUR
130 000 for services as a member of the Board and EUR 10 000 for services as a member of the
Audit Committee.
Proposal of the Corporate Governance and Nomination Committee for remuneration to the
Board of Directors
On January 22, 2009, the Corporate Governance and Nomination Committee of the Board announced
that it will propose to the Annual General Meeting to be held on April 23, 2009 that the annual
remuneration payable to the Board members elected at the same meeting for the term until the close
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