Robit Plc’s Remuneration Report
Robit Plc adheres to the Securities Market Association’s Corporate Governance Code for listed companies. The code is available on the Association’s website at www.cgfinland.fi. This Remuneration Report has been prepared in accordance with the recommendation of the Corporate Governance Code with effect from 1 January 2020.
Basis of the Remuneration
The objective of Robit’s remuneration policy is, that it should be consistent, result-oriented and rewarding. The consistency and competitiveness of remuneration is ensured by systematic internal and external comparisons, which also takes into account the local market conditions. Robit’s remuneration model aims to ensure that the fixed part of the salary is set individually and is actively monitored. The objective of the active remuneration model is to ensure that the company is an attractive employer for both current and new key personnel. Clear performance indicators and emphasizing results ensure that rewarding is justified, result-oriented and motivating. Defining the targets for the variable part of the remuneration they should be supporting the implementation of Robit’s strategy and achieving its financial goals. The adoption of long and short-term performance incentives is intended to reward good performance and to promote the company’s financial success and the favourable development of its shareholder value.