The Board has adopted guidelines for remuneration to management employees. The general meeting is informed of the guidelines annually. Salary and other remunerations to the CEO is determined by the Board. All elements of remuneration to the CEO and the total remuneration for management appear in the annual report. Performance-related remuneration of the executive management in the form of share options, bonus programmes etc. is linked to value creation for shareholders. As a deviation from the Code, the Board has resolved not to include an absolute limit on performance related remuneration in the Company’s corporate governance policy.