Komplett Bank annual report 2019

Note 11 Payments to employees and remuneration to trustees SALARIES AND OTHER PERSONELL EXPENSES NOK million 2019 2018 Salaries 103.0 74.4 Social security tax 16.2 9.8 Pension premiums 5.7 4.1 Social benefits 7.2 4.5 Other wage costs 1) 3.3 16.3 Total 135.4 109.1 1) Applies to costs of hired manpower. No collateral was provided to any of the Bank’s employees or any of their related parties in 2019. Some employees have credit card debts to and deposits in the Bank as at 31 December 2019. All employees and their related parties that have the Bank’s credit card and deposit products have these with the ordinary terms and conditions. All permanent employees, a total of 140 people as at 31 December 2019, are covered by the Bank’s pension plan. The plan is a defined-contribution plan and is covered by Storebrand. The Bank is obliged to have an occupational pension plan in accordance with the Compulsory Occupational Pension Plan Act. The plan satisfies the requirements in the act. Please refer to Note 14 for information on variable remuneration. FEES PAID TO THE BOARD OF DIRECTORS NOK million 2019 2018 Stig Eide Sivertsen (Chairperson) 1) 0.5 0.2 Bodil Palma Hollingsæter (Deputy Chairperson) 0.4 0.2 Casper Wakefield (Board Member) 2) 0.1 0.2 Live Bertha Haukvik (Board Member) 3) 0.4 0.3 Jan Ole Stangeland (Board Member) 0.4 0.2 Harald Hjorthen (Board Member) 4) 0.2 - Morten Fredrik Petterøe (Employee Representative) 0.1 - Hilde Berge Aasen (Employee Representative) 0.1 - Pål Røland (Employee Representative) 0.0 - Silje Christoffersen (Employee Representative) 0.0 - Total fees paid to the Board of Directors 2.2 1.1 1) New Chairperson after extraordinary general meeting 2019 2) Board Member until extraordinary general meeting 2019 3) Chairperson until extraordinary general meeting 2019 4) New Board Member from 2019 AUDITOR FEES (INCL. VAT) NOK million 2019 2018 Statutory auditing 1.5 0.9 Other certification services 1.2 1.3 Other services 0.0 0.0 Total 2.7 2.2 Komplett Bank Annual Report 2019 87