Remuneration to Board members

Remuneration to Board members is determined by the AGM and distributed to the Board members who are not employed by Electrolux Group.

The Nomination Committee has recommended that Board members appointed by the AGM acquire AB Electrolux shares and that these are maintained as long as they are part of the Board. A shareholding of a Board member should after five years correspond to the value of one gross annual fee.

Board members who are not employed by Electrolux Group are not invited to participate in the Group’s long-term incentive programs for senior managers and key employees.

Remuneration to the board applicable as from the AGM 2024
SEK Director since Audit Committee People Committee Strategic Planning Committee Ordinary remuneration Total remuneration
Torbjörn Lööf, Chairman 2024 240,000 140,000 200,000 2,560,000 3,140,000
Geert Follens 2024 350,000 745,000 1,095,000
Petra Hedengran 2014 205,000 745,000 950,000
Ulla Litzén 2016 380,000 200,000 745,000 1,325,000
Daniel Nodhäll 2024 240,000 200,000 745,000 1,185,000
Karin Overbeck 2020 140,000 745,000 885,000
David Porter 2016 745,000 745,000
Michael Rauterkus 2024 745,000 745,000
Jonas Samuelson 2016
Viveca Brinkenfeldt-Lever, Employee representative 2018
Peter Ferm, Employee representative 2018
Wilson Quispe, Employee representative 2022
Total   860,000 485,000 950,000 8,520,000 10,170,000