Cloudberry Annual report 2021 Financial statements 166 Renumeration of Executive Group management The renumeration of the Executive Group Management is based on a fixed salary, including personal benefits such as free telephone and health insurance, a variable group performance bonus scheme, pension benefits, and a share-based long term incentive program. The table below shows the renumeration in 2021 NOK 1 000 Anders Lenborg (CEO) Christian Helland (CVO) Suna Alkan (CSO) Jon Gunnar Solli (COO) Tor Arne Pedersen (CDO) Total Salary 2 700 2 100 1 640 1 850 1 850 10 140 Bonus 1 350 700 400 600 150 3 200 Pension costs 83 77 87 0 87 334 Share based payment 1 729 1 259 355 586 401 4 330 Total reportable benefits paid 2021 5 862 4 136 2 482 3 036 2 488 18 004 The table below shows the renumeration in 2020 NOK 1 000 Anders Lenborg (CEO) Christian Helland (CVO) Suna Alkan (CSO) Jon Gunnar Solli (COO) Tor Arne Pedersen (CDO) Total Salary 1 864 1 448 1 306 1 490 1 330 7 437 Bonus 1 150 600 500 600 600 3 450 Pension costs 66 62 69 63 68 328 Share based payment 426 269 120 160 149 1 124 Total reportable benefits paid 2020 3 506 2 378 1 995 2 314 2 147 12 340 The Board of Directors have set the target KPI for the group performance bonus scheme that was applicable for achievements in 2021. For 2022 the Group has established a compensation committee which will set the targets for 2022.
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