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Solteq Oyj Remuneration Information 2026
3341_rns_2026-02-26_8d867326-5514-4102-9c39-af395f2b57c3.pdf
Remuneration Information
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Remuneration Report
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Remuneration Principles
The Remuneration Report contains information on the remuneration of Solteq Plc's Board of Directors and CEO from January 1 to December 31, 2025. The report has been prepared in accordance with the recommendations of the Corporate Governance Code 2025 and the requirements of the Finnish Securities Markets Act and Limited Liability Companies Act.
The remuneration of Solteq Plc's governing bodies is based on the remuneration policy, which was determined at the Annual General Meeting held on March 27, 2024. The remuneration policy is presented to the Annual General Meeting whenever significant changes are made to it, but at least every four years, unless legislation or other regulations require otherwise.
The Company complied, without exception, with its remuneration policy in 2025. This remuneration report contains essential information on the remuneration paid and due to the Company's Board of Directors and CEO for the financial year 2025.
The Remuneration Report will be presented at the Annual General Meeting in 2026. In addition, the remuneration report is also published in a stock exchange bulletin and on the Company's website.
Solteq's Performance and Remuneration Development
The remuneration of the Board of Directors is based on a fixed monthly fee and a meeting fee as decided by the Annual General Meeting. In 2025, the board members were paid a monthly fee of EUR 2,500, and the Chairman of the Board, a monthly fee of EUR 5,000, for the period from January 1 to December 31, 2025, in accordance with the resolutions of the Annual General Meeting in force at the time. In addition, each board member was paid EUR 500 per meeting. The principles governing the Board's remuneration and the fees paid remained unchanged from the previous period.
In 2025, the CEO's remuneration consisted of a fixed salary based on the CEO's contract. The CEO had no performance-based or other short-term or long-term incentive schemes.
The following compares the Company's results and average employee salary with the remuneration of the Board of Directors and the CEO over the past five years.
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*) Comparison periods' figures adjusted
Remuneration of the Board of Directors
The remuneration of the Board of Directors is based on a fixed monthly fee and a meeting fee as decided by the Annual General Meeting. In 2025, the board members were paid a monthly fee of EUR 2,500, and the Chairman of the Board, a monthly fee of EUR 5,000, for the period from January 1 to December 31, 2025, in accordance with the resolutions of the Annual General Meeting in force at the time. All Board members were paid a meeting fee of EUR 500 for Board and Committee meetings. Board members' travel expenses were compensated in accordance with the Company's applicable travel guidelines. Remuneration paid and due to the Company's Board of Directors for the financial year 2025:
| TEUR | Term | Annual Remuneration |
Meeting Remuneration |
Total Remuneration |
|---|---|---|---|---|
| Markku Pietilä, Chairman of the Board | 1.1.–31.12.2025 | 60,0 | 8,0 | 68,0 |
| Lotta Airas | 1.1.–31.12.2025 | 30,0 | 6,0 | 36,0 |
| Katarina Cantell | 1.1.–26.3.2025 | 7,5 | 1,5 | 9,0 |
| Markus Huttunen | 27.3.– 31.12.2025 |
22,5 | 4,5 | 27,0 |
| Lotta Kopra | 27.3.– 31.12.2025 |
22,5 | 6,0 | 28,5 |
| Esko Mertsalmi | 1.1.–31.12.2025 | 30,0 | 6,0 | 36,0 |
| Panu Porkka | 1.1.–26.3.2025 | 7,5 | 1,0 | 8,5 |
| Anni Sarvaranta | 1.1.–31.12.2025 | 30,0 | 6,0 | 36,0 |
| Mika Sutinen | 1.1.–31.12.2025 | 30,0 | 8,0 | 38,0 |
| Total | 240,0 | 47,0 | 287,0 |
The meeting fees also include the fees paid for the Committee meetings.
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CEO's Remuneration
The Board of Directors determines the terms and conditions of the CEO's service agreement and the CEO's remuneration in accordance with the remuneration policy.
The CEO was paid a fixed remuneration (a fixed part) in accordance with the CEO's service agreement. In 2025,the CEOdid not have any performance-based or other short-termor long-term incentive schemes (with a possible variable component) in addition to the basic salary. The principles governing the CEO's remuneration and the remuneration paid remained unchanged from the previous year.
Remuneration paid and due to the CEO for the financial year 2025:
| TEUR | Fixed Salary |
|---|---|
| Aarne Aktan | 350.4 |
| Total | 350.4 |
The remuneration paid to the CEO includes taxable fringe benefits.
Other key terms:
- The CEO's notice period is 6 months.
- No severance pay is stipulated by the CEO's contract.
In accordance with the Remuneration Policy, the Board of Director's may decide changes to the remuneration of the CEO and deputy CEO. The remuneration paid may consist of a fixed salary, fringe benefits, and short-term and long-term incentive schemes.