Cloudberry Clean Energy Annual report 2022

Cloudberry Annual report 2022 Financial statements 170 Remuneration of Executive Group management The remuneration 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 remuneration in 2022 NOK 1 000 Anders Lenborg (CEO) Christian Helland (CVO) Jon Gunnar Solli (COO) Ingrid Bjørdal 1 (CCOO) Total Salary 3 300 2 600 1 900 650 8 450 Bonus 1 650 867 633 216 3 366 Pension costs 101 94 93 30 317 Share based payment 6 235 4 812 2 050 - 13 097 Total reportable benefits paid 2022 11 286 8 372 4 676 896 25 230 1 Ingrid Bjørdal was hired 1 September, the remuneration represent 4 months’ salary. The table below shows the remuneration 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 Board of Directors have set the target KPI for the group performance bonus scheme that was applicable for achievements in 2022. The Group has established a compensation committee which will set the targets for 2023.

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