NoHo Partners Concern Restaurant activities For investors Media Sales Job search Contact information EN Search FOR INVESTORS MANAGEMENT REMUNERATION STATEMENT 2015 Management NOHO PARTNERS AS AN INVESTMENT ARTICLES OF ASSOCIATION RULES OF PROCEDURE OF THE BOARD GOVERNMENT EXECUTIVE TEAM ACCOUNTANT INSIDER ADMINISTRATION CORPORATE GOVERNANCE STATEMENT 2020 2019 2018 2017 2016 2015 2014 2013 REMUNERATION POLICY REMUNERATION REPORT 2020 REMUNERATION STATEMENT 2019 2018 2017 2016 2015 2014 GENERAL MEETING 2021 2020 2019 2018 Extraordinary General Meeting on December 19, 2018 Extraordinary General Meeting on May 31, 2018 2017 2016 2015 2014 Extraordinary General Meeting on July 29, 2014 Proceedings Share IR services Investor calendar Q&A for investors Remuneration statement 2015 Remuneration of Board members The remuneration of the members of the Board of Directors is decided by Restamax Plc's Annual General Meeting. The 2015 Annual General Meeting decided on a remuneration of EUR 20,000 for the Chairman and Deputy Chairman of the Board and EUR 10,000 for the remuneration of the members of the Board for the financial year. No separate meeting fees are paid. Remuneration of the CEO The Board of Directors approves the CEO's salary level. In addition to the fixed cash salary, Markku Virtanen, President and CEO of Restamax Corporation, has the following benefits in kind in accordance with the company's current policies: free car benefit, mobile phone benefit and occupational health care in accordance with the company's policy. As a short-term incentive, the President and CEO has a performance bonus, which is determined on the basis of the company's financial result for the financial year and the achievement of certain operational targets. The CEO's contract may be terminated without special grounds by both parties with six (6) months' notice. The CEO's retirement age is legal. The CEO has no pension benefits in excess of the statutory TyEL. Remuneration of the management team The Management Team is paid a total salary, which includes cash salary and taxable telephone and other benefits. In addition, a performance bonus based on the financial and operational targets set by the Board of Directors may be paid to the Management Team as a short-term incentive. The company's Board of Directors decides on the general principles of remuneration and the CEO's details. Salaries paid to the President and CEO of the parent company Restamax Plc and other management teams in 2015 (2014) (t €) The CEO's cash salary with fringe benefits was 192.9 (166.0). Salaries and fringe benefits of the rest of the Management Team 583.4 (477.6). Concern Restaurant activities For investors Media Sales Job search Contact information Cookie settings We use cookies to improve the user experience of the site. Accept Deny it Cookie settings