Finland: Listed Companies Must Publish Top Executives’ Remuneration

Finland: Listed Companies Must Publish Top Executives’ Remuneration

From 1 Apr 2019, listed companies must publish an annual remuneration report at least three weeks before the annual general meeting where the report is scheduled to be discussed under changes to the Securities Market Act to implement an EU directive on shareholders’ rights. The report must include information on what the company paid board directors, members of company’s supervisory board, the CEO and deputy CEO and how the company complied with the company’s remuneration policy during the previous financial year.

Companies’ remuneration policies must set out the principles for remunerating board directors, the CEO and deputy CEO and the key terms of their contracts. The company must publish on its website its remuneration policy and the date and result of any remuneration vote at the annual meeting. 

Fiona Webster
by Fiona Webster

Principal, Mercer’s Law & Policy Group

Stephanie Rosseau
by Stephanie Rosseau

Principal, Mercer’s Law & Policy Group

Jaakko Hanninen
by Jaakko Hanninen

Business Development/Sales Support Consultant, Mercer

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