Remuneration to Board of Directors

The AGM 2022 resolved remuneration to the board members amounting to:

  • Chair EUR 340,000
  • Vice-chair EUR 160,000 and
  • Other members EUR 102,000

In addition, annual remuneration will be paid for the work on the Board Audit Committee, Board Risk Committee and Board Operations and Sustainability Committee amounting to EUR 65,000 for the committee Chair and EUR 32,500 for the other committee members, and for work on the Board Remuneration and People Committee amounting to EUR 48,000 for the committee Chair and EUR 28,000 for the other committee members.

No remuneration is paid to board members employed by the Nordea Group.

The AGM further decided that the company will cover or reimburse the board members all costs and expenses related to or arising from the board membership.

For more information about remuneration paid to Board members in 2021, please refer to note G8 of Nordea's Annual Report, or Disclosures.