Remuneration and incentive programs

Guidelines for remuneration to senior executives

At the Annual General Meeting in 2025, guidelines for remuneration to senior executives in Viscaria were adopted, in accordance with the Board of Directors’ proposal. These guidelines apply to the Executive Chairman of the Board of Directors, where applicable, as well as members of the company’s Group Management Team. The guidelines stipulate that the remuneration shall be on market terms and may consist of fixed cash salary, variable cash remuneration, pension benefits and other benefits.

The Board of Directors considers that the successful implementation of the company’s business strategy and safeguarding of the company’s long-term interests, including its sustainability, requires that the company is able to recruit and retain senior executives with good competence and capacity to achieve set goals. This requires competitive remuneration that motivates senior executives to do their utmost.

The company’s adopted guidelines for remuneration to senior executives

Long-term incentive programs

Viscaria has implemented long-term share-based incentive programs in the form of warrants, resolved by the general meeting. The programs include senior executives and key employees and have maturities of three to four years. In addition, the company has also issued certain corresponding incentive programs for members of the Board of Directors. The outcomes of these programs are linked to the price development of the company’s share and are thus linked to the company’s business strategy and long-term value creation.

The Board of Directors evaluates annually whether new incentive programs for senior executives and key employees should be proposed and the scope of any such programs.

Shares* Exercise price* Redemption until SEK if redeemed* Number of warrants
2022/2026 Management and key personnel
Other key personnel and employees 114,442 34.95 May 29, 2026 3,999,748 100,000
Total 114,442 3,999,748 100,000
2023/2027:1 Management and key personnel
Other key personnel and employees 302,578 37.40 May 19, 2027 11,316,417 264,400
Total 302,578 11,316,417 264,400
2023/2027:2 Former Executive Chairman of the Board, now CEO
Jörgen Olsson 143,053 37.40 May 19, 2027 5,350,182 125,000
Total 143,053 5,350,182 125,000
2024/2027 Management and key personnel
Jörgen Olsson 97,276 39.09 December 1, 2027 3,802,519 85,000
Other key personnel and employees 440,548 39.09 December 1, 2027 17,221,021 384,956
Total 537,824 21,023,540 469,956
2025/2028 Management and key personnel
Jörgen Olsson 80,110 30.01 November 30, 2028 2,404,101 70,000
Other key personnel and employees 204,760 30.01 November 30, 2028 6,144,848 178,923
Total 284,870 8,548,949 248,923
Total 1,382,767 50,238,836 1,208,279
*The number of shares to which the warrants entitle and the exercise price have been recalculated as a result of corporate events. The number of shares, exercise price, and SEK if redeemed have been rounded off in connection with the recalculation in accordance with the terms and conditions of each respective warrant program.