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Siguldas CMAS Remuneration Information 2026
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Remuneration Information
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Joint Stock Company
‘Siguldas ciltslietu un māksligās apsēklošanas stacija’
REMUNERATION REPORT
FOR MEMBERS OF THE MANAGEMENT BOARD
AND THE SUPERVISORY BOARD
for 2025
Sigulda
2026
JSC 'SIGULDAS CILTSLIETU UN MÄKSLĪGĀS APSĒKLOŠANAS STACLIA'
Remuneration report for members of the Management Board and the Supervisory Board for 2025
CONTENT
INTRODUCTION ... 3
TERMS USED ... 4
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2025 ... 5
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2024 ... 6
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2023 ... 7
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2022 ... 8
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2021 ... 9
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2020 ... 10
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2025 ... 11
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2024 ... 12
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2023 ... 13
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2022 ... 14
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2021 ... 15
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2020 ... 16
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2025 ... 17
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2024 ... 17
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2023 ... 18
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2022 ... 18
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2021 ... 19
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2020 ... 19
JSC 'SIGULDAS CILTSLIETU UN MĀKSLĪGĀS APSĒKLOŠANAS STACIJA'
Remuneration report for members of the Management Board and the Supervisory Board for 2025
INTRODUCTION
Remuneration Report of the Members of the Board and the Supervisory Board of the Joint Stock Company ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ for 2025 (hereinafter – the Remuneration Report) has been prepared in accordance with the Remuneration Policy of the Members of the Board and the Supervisory Board approved by the decision on April 26, 2024 of shareholders meeting, based on the provisions of Directive (EU) 2017/828 of the European Parliament referring to the promotion of involvement of the long-term shareholders and Article 59.³ of the Law on the Financial Instruments Market of the Republic of Latvia implementing the said Directive.
The Remuneration Report has been prepared by the Board of the Company and reviewed by the Supervisory Board of the Company. The Remuneration Report is examined by a sworn auditor, and it is reviewed and approved at the shareholders' meeting together with other components of the annual report.
The Remuneration Report is published along with the annual report as its separate component in Latvian and English on the Company's website: https://www.sigmas.lv, in the section ‘Investors’, as well as on the Nasdaq Riga stock exchange website: https://www.nasdaqbaltic.com.
2025 ended with a profit of 29.1 thousand euros. Compared to 2024, the profit before taxes for the reporting year has decreased by 51.7 thousand euros.
The Company’s net turnover in 2025 was 1.9 million euros, which is by 286.6 thousand euros or 17.3% more than in 2024.
The Management Board and the Supervisory Board remuneration policy ensures that in 2025 the Company's strategy, realization of long-term interests and sustainability, and the continuity of operations has been implemented.
There were no significant events in 2025, as well as no significant risks that the Company could face and that could affect its financial position and future financial results.
JSC 'SIGULDAS CILTSLIETU UN MĀKSLĪGĀS APSĒKLOŠANAS STACIJA'
Remuneration report for members of the Management Board and the Supervisory Board for 2025
TERMS USED
Company – Joint Stock Company ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’, reg. No. 40003013295.
Board – the Management Board of the Company.
Supervisory Board – the Supervisory Board of the Company.
Shareholders – shareholders of the Company's capital shares (shares).
Fixed remuneration – a fixed part of the remuneration (gross), which includes salary, position-related payments and other benefits not related to performance of the Board and the Supervisory Board members.
Variable remuneration – a variable part of the remuneration (gross) or annual bonuses (bonuses) and possible non-recurring costs that are paid to the members of the Board in addition to the fixed remuneration during the financial year.
Remuneration – all fixed and variable remuneration and additional payments provided directly or indirectly by the Company in exchange for professional services of the members of the Board and the Supervisory Board.
Remuneration policy – remuneration policy for the members of the Board and the Supervisory Board.
Remuneration report – a report of the remuneration of the members of the Board and the Supervisory Board granted or paid in the previous financial year or due to each of the current or former members of the Board and the Supervisory Board.
Additional payments – an additional compensation that the Company may provide in addition to fixed and variable remuneration, including compensation for non-compete obligations, termination payments or redundancies and other payments that arise from applicable law or individual contract.
KPI – key performance indicators.
JSC 'SIGULDAS CILTSLIETU UN MÄKSLĪGĀS APSĒKLOŠANAS STACIJA'
Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2025
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Nils Ivars Feodorovs, chairman of the Management Board | - | 33 739 | 2 190 | - | 459 | 660 | 200 | - | 37 248 | 97.7 | 2.3 |
| Sarmīte Arcimoviča, member of the Management Board, head of Production and Sales Department | 23 272 | 8 280 | 2 260 | - | 459 | 680 | 200 | - | 35 151 | 97.5 | 2.5 |
| Valda Mālniece, member of the Management Board, head of Finance and Accounting Department | 19 506 | 7 751 | 1 990 | - | 459 | 595 | 200 | - | 30 501 | 97.4 | 2.6 |
| Total in 2025 | 42 778 | 49 770 | 6 440 | - | 1 377 | 1 935 | 600 | - | 102 900 | 97.5 | 2.5 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2024
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Nils Ivars Feodorovs, chairman of the Management Board | - | 31 488 | 2 190 | - | 433 | 660 | 165 | - | 34 936 | 97.6 | 2.4 |
| Sarmīte Arcimoviča, member of the Management Board, head of Production and Sales Department | 18 712 | 7 578 | 1 960 | - | 433 | 590 | 165 | - | 29 438 | 97.4 | 2.6 |
| Valda Mālniece, member of the Management Board, head of Finance and Accounting Department | 19 977 | 7 924 | 1 990 | - | 433 | 595 | 165 | - | 31 084 | 97.6 | 2.4 |
| Total in 2024 | 38 689 | 46 990 | 6 140 | - | 1 299 | 1 845 | 495 | - | 95 458 | 97.5 | 2.5 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2023
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Nils Ivars Feodorovs, chairman of the Management Board | - | 27 307 | 1 905 | - | 414 | 570 | 165 | - | 30 361 | 97.6 | 2.4 |
| Sarmīte Arcimoviča, member of the Management Board, head of Production and Sales Department | 16 361 | 7 200 | 1 705 | - | 414 | 510 | 165 | - | 26 355 | 97.4 | 2.6 |
| Valda Mālniece, member of the Management Board, head of Finance and Accounting Department | 16 838 | 7 200 | 1 730 | - | 414 | 520 | 165 | 220 | 27 087 | 96.7 | 3.3 |
| Total in 2023 | 33 199 | 41 707 | 5 340 | - | 1 242 | 1 600 | 495 | 220 | 83 803 | 97.2 | 2.8 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2022
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Nils Ivars Feodorovs, chairman of the Management Board | - | 27 339 | 1 905 | - | 375 | 570 | 315 | - | 30 504 | 97.1 | 2.9 |
| Sarmlte Arcimoviča, member of the Management Board, head of Production and Sales Department | 16 030 | 7 200 | 1 705 | - | 375 | 510 | 315 | - | 26 135 | 96.8 | 3.2 |
| Valda Mālniece, member of the Management Board, head of Finance and Accounting Department | 17 082 | 7 200 | 1 730 | - | 375 | 520 | 315 | - | 27 222 | 96.9 | 3.1 |
| Total in 2022 | 33 112 | 41 739 | 5 340 | - | 1 125 | 1 600 | 945 | - | 83 861 | 97.0 | 3.0 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2021
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Nils Ivars Feodorovs, chairman of the Management Board | - | 23 904 | 1 660 | 1 276 | 312 | 500 | 165 | - | 27 817 | 97.6 | 2.4 |
| Sarmīte Arcimoviča, member of the Management Board, head of Production and Sales Department | 14 024 | 6 540 | 1 510 | 1 166 | 312 | 455 | 165 | - | 24 172 | 97.4 | 2.6 |
| Valda Mālniece, member of the Management Board, head of Finance and Accounting Department | 14 251 | 6 273 | 1 530 | 1 177 | 312 | 460 | 165 | - | 24 168 | 97.4 | 2.6 |
| Total in 2021 | 28 275 | 36 717 | 4 700 | 3 619 | 936 | 1 415 | 495 | - | 76 157 | 97.5 | 2.5 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE MANAGEMENT BOARD MEMBERS for 2020
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Nils Ivars Feodorovs, chairman of the Management Board | - | 23 741 | - | 1 392 | 297 | 500 | 165 | - | 26 095 | 97.5 | 2.5 |
| Sarmitte Arcimoviča, member of the Management Board, head of Production and Sales Department | 13 782 | 6 326 | 1 510 | 1 272 | 297 | 455 | 165 | - | 23 807 | 97.4 | 2.6 |
| Valda Mālniece, member of the Management Board, head of Finance and Accounting Department | 14 681 | 6 540 | 1 530 | 1 284 | 297 | 460 | 165 | - | 24 957 | 97.5 | 2.5 |
| Total in 2020 | 28 463 | 36 607 | 3 040 | 3 948 | 891 | 1 415 | 495 | - | 74 859 | 97.5 | 2.5 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2025
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Inita Bedrīte, chairman of the Supervisory Board, deputy head of the Production and Sales Department regarding production issues | 17 695 | 2 400 | 1 315 | - | 459 | 395 | 200 | - | 22 464 | 97.4 | 2.6 |
| Guntis Mecaucis, deputy chairman of the Supervisory Board | - | 2 040 | - | - | - | - | - | - | 2 040 | 100.0 | - |
| Līga Kubuliņa, member of the Supervisory Board, deputy head of the Production and Sales Department | 27 585 | 2 040 | 1 570 | - | 459 | 615 | 300 | - | 32 569 | 97.2 | 2.8 |
| Baiba Mecauce, member of the Supervisory Board | - | 2 040 | - | - | - | - | - | - | 2 040 | 100.0 | - |
| Edgars Nartišs, member of the Supervisory Board | - | 2 040 | - | - | - | - | - | - | 2 040 | 100.0 | - |
| Total in 2025 | 45 280 | 10 560 | 2 885 | - | 918 | 1 010 | 500 | - | 61 153 | 97.5 | 2.5 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2024
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Inita Bedrīte, chairman of the Supervisory Board, deputy head of the Production and Sales Department regarding production issues | 17 008 | 2 400 | 1 315 | - | 433 | 395 | 315 | - | 21 866 | 96.8 | 3.2 |
| Guntis Mecaucis, deputy chairman of the Supervisory Board | - | 2 040 | - | - | - | - | - | - | 2 040 | 100.0 | - |
| Līga Kubuliņa, member of the Supervisory Board, deputy head of the Production and Sales Department | 20 985 | 2 040 | 1 385 | - | 433 | 425 | 165 | - | 25 433 | 97.7 | 2.3 |
| Baiba Mecauce, member of the Supervisory Board | - | 2 040 | - | - | - | - | - | - | 2 040 | 100.0 | - |
| Edgars Nartišs, member of the Supervisory Board | - | 2 040 | - | - | - | - | - | - | 2 040 | 100.0 | - |
| Total in 2024 | 37 993 | 10 560 | 2 700 | - | 866 | 820 | 480 | - | 53 419 | 97.6 | 2.4 |
JSC 'SIGULDAS CILTSLIETU UN MÄKSLĪGĀS APSĒKLOŠANAS STACIJA'
Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2023
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Inita Bedrīte, chairman of the Supervisory Board, deputy head of the Production and Sales Department regarding production issues | 14 071 | 2 289 | 1 170 | - | 414 | 350 | 165 | - | 18 459 | 97.2 | 2.8 |
| Maija Beča, deputy chairman of the Supervisory Board till 21.04.2023, head of the Milk Quality Control Laboratory | 7 530 | 562 | 1 150 | - | - | - | - | - | 9 242 | 100.0 | - |
| Guntis Mecaucis, member of the Supervisory Board, deputy chairman of the Supervisory Board from 21.04.2023 | - | 1 966 | - | - | - | - | - | - | 1 966 | 100.0 | - |
| Līga Kubuliņa, member of the Supervisory Board from 21.04.2023, deputy head of the Production and Sales Department | 13 531 | 1 411 | 1 055 | - | 414 | 380 | 150 | - | 16 941 | 96.9 | 3.1 |
| Baiba Mecauce, member of the Supervisory Board | - | 1 966 | - | - | - | - | - | - | 1 966 | 100.0 | - |
| Edgars Nartišs, member of the Supervisory Board from 21.04.2023 | - | 1 411 | - | - | - | - | - | - | 1 411 | 100.0 | - |
| Total in 2023 | 35 132 | 9 605 | 3 375 | - | 828 | 730 | 315 | - | 49 985 | 97.9 | 2.1 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2022
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Inita Bedrīte, chairman of the Supervisory Board, deputy head of the Production and Sales Department regarding production issues | 14 074 | 2 040 | 1 140 | - | 375 | 340 | 165 | - | 18 134 | 97.2 | 2.8 |
| Maija Beča, deputy chairman of the Supervisory Board, head of the Milk Quality Control Laboratory | 23 674 | 1 800 | 1 300 | - | 375 | 510 | 165 | - | 27 824 | 97.6 | 2.4 |
| Baiba Mecauce, member of the Supervisory Board | - | 1 800 | - | - | - | - | - | - | 1 800 | 100.0 | - |
| Guntis Mecaucis, member of the Supervisory Board | - | 1 800 | - | - | - | - | - | - | 1 800 | 100.0 | - |
| Jānis Tūtāns, member of the Supervisory Board till 22.04.2022 | - | 564 | - | - | - | - | - | - | 564 | 100.0 | - |
| Total in 2022 | 37 748 | 8 004 | 2 440 | - | 750 | 850 | 330 | - | 50 122 | 97.6 | 2.4 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2021
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Inita Bedrīte, chairman of the Supervisory Board, deputy head of the Production and Sales Department regarding production issues | 12 239 | 2 040 | 1 015 | 770 | 312 | 305 | 165 | - | 16 846 | 97.2 | 2.8 |
| Maija Beča, deputy chairman of the Supervisory Board, head of the Milk Quality Control Laboratory | 18 697 | 1 800 | 1 320 | 1 012 | 312 | 400 | 165 | - | 23 706 | 97.6 | 2.4 |
| Baiba Mecauce, member of the Supervisory Board | - | 1 800 | - | - | - | - | - | - | 1 800 | 100.0 | - |
| Guntis Mecaucis, member of the Supervisory Board | - | 1 800 | - | - | - | - | - | - | 1 800 | 100.0 | - |
| Jānis Tūtāns, member of the Supervisory Board, head of the Transport and Supply Department till 17.11.2021 | 9 668 | 1 800 | 945 | 726 | 312 | - | - | 5 119 | 18 570 | 72.4 | 27.6 |
| Total in 2021 | 40 604 | 9 240 | 3 280 | 2 508 | 936 | 705 | 330 | 5 119 | 62 722 | 90.2 | 9.8 |
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Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE SUPERVISORY BOARD MEMBERS for 2020
| Name, surname, position | Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against the total, % | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Inita Bedrīte, chairman of the Supervisory Board, deputy head of the Production and Sales Department | 12 240 | 1 965 | 995 | 840 | 297 | 305 | 165 | - | 16 807 | 97.2 | 2.8 |
| Maija Beča, deputy chairman of the Supervisory Board, head of the Milk Quality Control Laboratory | 21 710 | 1 800 | 1 320 | 1 032 | 297 | 480 | 165 | - | 26 804 | 97.6 | 2.4 |
| Baiba Mecauce, member of the Supervisory Board | - | 1 800 | - | - | - | - | - | - | 1 800 | 100.0 | - |
| Jekaterina Kreise, member of the Supervisory Board until 24.04.2020, head of the Informatics Department | 3 774 | 585 | 795 | 251 | - | - | - | - | 5 405 | 100.0 | - |
| Maruta Niedrīte, member of the Supervisory Board until 24.04.2020 | - | 585 | - | - | - | - | - | - | 585 | 100.0 | - |
| Jānis Tūtāns, member of the Supervisory Board from 24.04.2020, head of the Transport and Supply Department | 7 898 | 1 238 | 795 | 471 | 297 | 285 | 300 | 220 | 11 504 | 93.0 | 7.0 |
| Guntis Mecaucis, member of the Supervisory Board from 24.04.2020 | - | 1 238 | - | - | - | - | - | - | 1 238 | 100.0 | - |
| Total in 2020 | 45 622 | 9 211 | 3 905 | 2 594 | 891 | 1 070 | 630 | 220 | 64 143 | 97.0 | 3.0 |
JSC 'SIGULDAS CILTSLIETU UN MÄKSLĪGĀS APSĒKLOŠANAS STACIJA'
Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2025
| Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against total, % | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Management Board | 42 778 | 49 770 | 6 440 | - | 1 377 | 1 935 | 600 | - | 102 900 | 97.5 | 2.5 |
| Supervisory Board | 45 280 | 10 560 | 2 885 | - | 918 | 1 010 | 500 | - | 61 153 | 97.5 | 2.5 |
| Total | 88 058 | 60 330 | 9 325 | - | 2 295 | 2 945 | 1 100 | - | 164 053 | 97.5 | 2.5 |
| Full-time employee of an equivalent unit, average | 21 869 | - | 1 325 | - | 459 | 605 | 200 | - | 24 458 | 96.7 | 3.3 |
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2024
| Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against total, % | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Management Board | 38 689 | 46 990 | 6 140 | - | 1 299 | 1 845 | 495 | - | 95 458 | 97.5 | 2.5 |
| Supervisory Board | 37 993 | 10 560 | 2 700 | - | 866 | 820 | 480 | - | 53 419 | 97.6 | 2.4 |
| Total | 76 682 | 57 550 | 8 840 | - | 2 165 | 2 665 | 975 | - | 148 877 | 97.6 | 2.4 |
| Full-time employee of an equivalent unit, average | 19 435 | - | 1 325 | - | 433 | 465 | 165 | - | 21 823 | 97.1 | 2.9 |
JSC 'SIGULDAS CILTSLIETU UN MÄKSLĪGĀS APSĒKLOŠANAS STACIJA'
Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2023
| Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against total, % | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Management Board | 33 199 | 41 707 | 5 340 | - | 1 242 | 1 600 | 495 | 220 | 83 803 | 97.2 | 32.8 |
| Supervisory Board | 35 132 | 9 605 | 3 375 | - | 828 | 730 | 315 | - | 49 985 | 97.9 | 2.1 |
| Total | 68 331 | 51 312 | 8 715 | - | 2 070 | 2 330 | 810 | 220 | 133 788 | 97.5 | 2.5 |
| Full-time employee of an equivalent unit, average | 17 594 | - | 1 055 | - | 414 | 380 | 165 | - | 19 608 | 97.2 | 2.8 |
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2022
| Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against total, % | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Management Board | 33 112 | 41 739 | 5 340 | - | 1 125 | 1 600 | 945 | - | 83 861 | 97.0 | 3.0 |
| Supervisory Board | 37 748 | 8 004 | 2 440 | - | 750 | 850 | 330 | - | 50 122 | 97.6 | 2.4 |
| Total | 70 860 | 49 743 | 7 780 | - | 1 875 | 2 450 | 1 275 | - | 133 983 | 97.2 | 2.8 |
| Full-time employee of an equivalent unit, average | 17 008 | - | 1 055 | - | 375 | 345 | 165 | - | 18 948 | 97.3 | 2.7 |
JSC 'SIGULDAS CILTSLIETU UN MÄKSLĪGĀS APSĒKLOŠANAS STACIJA'
Remuneration report for members of the Management Board and the Supervisory Board for 2025
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2021
| Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against total, % | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Management Board | 28 275 | 36 717 | 4 700 | 3 619 | 936 | 1 415 | 495 | - | 76 157 | 97.5 | 2.5 |
| Supervisory Board | 40 604 | 9 240 | 3 280 | 2 508 | 936 | 705 | 330 | 5 119 | 62 722 | 90.2 | 9.8 |
| Total | 68 879 | 45 957 | 7 980 | 6 127 | 1 782 | 2 120 | 825 | 5 119 | 138 879 | 94.2 | 5.8 |
| Full-time employee of an equivalent unit, average | 12 236 | - | 813 | 583 | 312 | 255 | 165 | - | 14 364 | 97.1 | 2.9 |
REMUNERATION OF THE MANAGEMENT BOARD AND SUPERVISORY BOARD for 2020
| Fixed remuneration, EUR | Variable remuneration, EUR | Total remuneration, EUR | Against total, % | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary | Remuneration of a board member | Leave allowance | Life insurance with cash value accrual | Health insurance | Annual bonus | Gifts | Support | fixed | variable | ||
| Management Board | 28 463 | 36 607 | 3 040 | 3 948 | 891 | 1 415 | 495 | - | 74 859 | 97.5 | 2.5 |
| Supervisory Board | 45 622 | 9 211 | 3 905 | 2 594 | 891 | 1 070 | 630 | 220 | 64 143 | 97.0 | 3.0 |
| Total | 74 085 | 45 818 | 6 945 | 6 542 | 1 782 | 2 485 | 1 125 | 220 | 139 002 | 97.2 | 2.8 |
| Full-time employee of an equivalent unit, average | 11 937 | - | 795 | 782 | 297 | 240 | 165 | - | 14 216 | 97.2 | 2.8 |
JSC 'SIGULDAS CILTSLIETU UN MÄKSLĪGĀS APSĒKLOŠANAS STACIJA'
Remuneration report for members of the Management Board and the Supervisory Board for 2025
The remuneration of the Management Board and the Supervisory Board is in line with the policy. The Company's performance criteria were not applied in determining the remuneration of the Board.
No additional payments, incl. related to the termination of the contract, were not made.
The company is not part of the group within the meaning of the Law on Annual Accounts and Consolidated Annual Accounts, accordingly, no remuneration was received from other companies.
No shares or share options were granted or offered.
The variable remuneration part was not claimed back.
There were no exceptional cases of temporary derogations from the remuneration policy.
In 2023, the Company's employees were not provided life insurance with cash value accrual.
Nils Ivars Feodorovs
Chairman of the
Management Board
Sarmīte Arcimoviča
Member of the
Management Board
Valda Mālniece
Member of the
Management Board
20 March 2026