The Compensation Committee prepares matters for the Board concerning the Group CEO’s remuneration. In addition, the Committee assists the Group Board in dealing with fundamental questions, guidelines and strategies linked to the overall remuneration for other members of the Group management and senior managers in key subsidiaries.
The company’s declaration regarding the determination of salary and other remuneration to the management of Schibsted, gives an account of the main principles of the company’s management remuneration policy, including the extent and arrangement of bonus and long-term incentive schemes. The Group Board’s declaration regarding the determination of salary and other remuneration to Schibsted’s management is discussed by the Annual General Meeting and made available to the shareholders on the company’s website when the notice calling the Annual General Meeting is sent out.