Remuneration

The company has a Remuneration Committee appointed by the Board of Directors for the
management of the remuneration system.

Wetteri Plc’s Annual General Meeting decides on the remuneration of the members of the Board of
Directors annually based on a proposal prepared by the Board of Directors. In exceptional
circumstances, an Extraordinary General Meeting may decide on the remuneration of the Board of
Directors. The Annual General Meeting or the company’s Board of Directors, authorised by the
Annual General Meeting, may decide on the issue of shares, option rights and other special rights
entitling their holders to shares for remuneration purposes. The company’s Board of Directors
prepares proposals to this effect for the Annual General Meeting.

In accordance with the Limited Liability Companies Act, the Ordinary General Meeting decides on the remuneration of the Board of Directors and the reasons for the amount of remuneration annually in line with the accepted remuneration policy. The compensation to be paid to the members of the Board of Directors are laid out in the remuneration report released by the company as part of the company’s governance report.

The members of the Board of Directors are not covered by the Company’s short- or long-term performance bonus or incentive schemes. Board fees may be paid partly or entirely in the Company’s shares or in cash. Board members may receive reasonable compensation for special assignments that clearly go beyond their ordinary duties.

In the 2025 financial year, each ordinary member of the Board of Directors was paid a fee of EUR 3,000 per month, and the Chair of the Board was paid EUR 5,500 per month. No separate meeting fees were paid. The Chairs of the Board committees – the Audit Committee and the Remuneration Committee – were paid a meeting fee of EUR 500, and the committee members were paid EUR 300 per meeting.

The Board’s fees during the 2025 financial year were based on the resolutions of the Annual General Meetings held on 22 May 2024 and 20 May 2025.

Remuneration of Board members in financial year 2025

The Board of Directors decides on the remuneration of the CEO.

The CEO of Wetteri has a fixed monthly salary and they may be entitled to a performance bonus for achieving or exceeding a target set by the Board of Directors. The CEO is not subject to a long-term remuneration system based on shareholding or options. According to the CEO’s contract of service, the CEO’s retirement age is determined by the Employees Pensions Act. The CEO is entitled to additional pension. The remuneration of the CEO may deviate from the remuneration policy in line with the recommendations set out in the company’s valid remuneration policy and Corporate Governance. Any deviations are reported in the company’s remuneration report.

The Board of Directors decides on the management’s short- and long-term incentives annually. If the Board of Directors dismisses the CEO, the CEO shall be paid any unpaid salaries and holiday remuneration and a severance pay equal to a salary of 24 months. If the CEO receives the severance pay, they agree to refrain from any competing operations or joining a competing company in the next 24 months.

Remuneration of the CEO in fianclia year 2025

¹The severance pay includes 24 months of cash salary together with related social security costs. During the financial year, a total of EUR 287 thousand of the severance pay was paid. The portion of the severance pay payable in subsequent financial years amounts to EUR 1,092 thousand.

The Board of Directors decides on the remuneration of the other members of the Management Team, and the Remuneration Committee prepares a proposal for consideration by the Board of Directors.

Remuneration report 2024
Remuneration report 2023