Saab shall offer market terms, enabling the Company to recruit and retain senior executives. To the greatest extent possible, remuneration structures shall be characterised by predictability with respect to both the cost for the Company and the benefit for the employee. They shall be based on factors such as position, competence, experience and performance. Benchmarking shall be made regularly relative to comparable industries and markets.
Long-Term Incentive Programmes
The Saab Board of Directors finds it important and in all shareholders’ interest that employees in the Group have a long-term interest in a good value development of the share in the Company.
The long-term incentive programme enables present and future employees to become shareholders in Saab and includes a requirement of own investment in shares in Saab. The purpose of the programme is to stimulate employees to continued long-term commitment and continued good performance as well as to increase the Group’s attractiveness as an employer.
The Annual General Meeting 2022 decided in accordance with the Board’s proposal of a long-term incentive program 2023 (“LTI 2023”), consisting of Share Matching Plan 2023, Performance Share Plan 2023 and Special Projects Incentive 2023. LTI 2023 comprises a maximum of 1,730,000 shares of series B in Saab.
It is the intention of the Board of Directors to propose long-term incentive programmes also to future Annual General Meetings.
More information on remuneration
- Boards of Directors Remuneration Report 2021
- Compensation to Saab’s senior executives is indicated in Note 8 on page 113 in the Annual Report 2021 (PDF)
- Remuneration Committee
- Remuneration Guidelines