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FINANCIAL INFORMATION – NOTES
Summary of compensation and other benefits during 2014
SEK
Base salary/
Board and
committee fee
Variable
compen sation
Share
related
plans 2)
Other
benefits3)
Pension
cost Total
Outstanding matching
rights in share
related plans at
estimated outcomes 2)
Chairman of the Board
Marcus Wallenberg 1,298,750 - - - - 1,298,750 -
Deputy Chairman
Sten Jakobsson 596,250 - - - - 596,250 -
Other Board members -
Sara Mazur 475,000 - - - - 475,000 -
Johan Forssell 590,000 - - - - 590,000
Per-Arne Sandström 647,500 - - - - 647,5004) -
Cecilia Stegö Chilò 475,000 - - - - 475,000 -
Lena Treschow Torell 610,000 - - - - 610,0004) -
Joakim Westh 590,000 - - - - 590,000 -
President and CEO Håkan Buskhe 10,595,327 - 1,366,099 41,899 4,222,203 16,225,528 1,386,416
Other senior executives 30,270,801 663,3361) 1,804,352 1,811,724 12,063,664 46,613,877 2,107,656
Total 46,148,628 663,336 3,170,451 1,853,623 16,285,867 68,121,905 3,494,072
1) Including remuneration to two senior executives, which, according to a resolution, was paid in the form of pension premiums, see information for 2013 below.
2) Share related plans relate to both Share Matching Plans and Performance Share Plans.
3) Including compensation for the additional costs the benefits lead to.
4) Social security costs must be added since parts of the fees are invoiced through a limited company. Board members who invoice the amount for board and committee fees through a limited
company may on their invoices add an amount for social security contributions. The social security contributions included in the invoiced amount do not exceed the employer’s contribution the
company otherwise would have paid.
Guidelines for remuneration and other benefits for senior executives are described in the administration report.
Summary of compensation and other benefits during 2013
SEK
Base salary/
Board and
committee fee
Variable
compen sation
Share related
plans 3)
Other
benefits 4)
Pension
cost Total
Outstanding matching
rights in share
related plans at
estimated outcomes
3)
Chairman of the Board
Marcus Wallenberg 1,260,000 - - - - 1,260,000 -
Deputy Chairman
Sten Jakobsson 567,500 - - - - 567,500 -
Other Board members -
Sara Mazur 345,000 - - - - 345,0005) -
Åke Svensson 112,500 112,5006)
Johan Forssell 557,500 - - - - 557,500 -
Per-Arne Sandström 607,500 - - - - 607,500 -
Cecilia Stegö Chilò 457,500 - - - - 457,500 -
Lena Treschow Torell 592,500 - - - - 592,5007) -
Joakim Westh 557,500 - - - - 557,500 -
President and CEO Håkan Buskhe 9,883,168 - 1,644,736 56,679 3,594,269 15,178,852 3,010,124
Other senior executives 36,103,0011) 1,807,9052) 2,018,173 1,957,144 13,533,737 55,419,960 2,850,239
Total 51,043,669 1,807,905 3,662,909 2,013,823 17,128,006 75,656,312 5,860,363
1) Including estimated remuneration allocated for senior executives who left Group Management in 2013.
2) Including remuneration to two senior executives, which, according to a resolution in 2012, is paid in the form of pension premiums during a period of 36 months from the start of employment and
cash settlements to one senior executive, according to a resolution in 2013.
3) Share related plans relate to both Share Matching Plans and Performance Share Plans.
4) Including compensation for the additional costs the benefits lead to.
5) Was elected to the Board in April 2013 and has received remuneration for the period April-December.
6) Left the Board of Directors in April 2013, after informing that he had declined re-election, and has received remuneration for the period January-March.
7) Social security costs must be added since parts of the fees are invoiced through a limited company. Board members who invoice the amount for board and committee fees through a limited
company may on their invoices add an amount for social security contributions. The social security contributions included in the invoiced amount do not exceed the employer’s contribution the
company otherwise would have paid.
Note 37, cont.
income received from other employment during the same period. If they resign
voluntarily, there is a six-month period of notice with salary and pension benefits,
but no severance pay.
Other benefits
All senior executives have a company car and medical insurance. Several senior
executives also have benefits in the form of overnight housing and travel.
SAAB ANNUAL REPORT 2014 – 111