Management compensation

The remuneration paid to President and CEO Osmo Suovaniemi, including benefits and Board fees, totalled EUR 242 thousand in 2009 (EUR 257 thousand in 2008 and EUR 251 thousand in 2007).

The salaries and fees of the subsidiaries' Managing Directors totalled EUR 839 thousand (EUR 730 thousand in 2008 and EUR 712 thousand in 2007). No other notable pension arrangements, beyond those mandated by law, have been made with the Managing Directors of Group companies.

Remuneration paid to other Management Team members totalled EUR 854 thousand (EUR 678 thousand in 2008 and EUR 827 thousand in 2007).

Board membership fees during the financial period

During the financial year that ended on 31 December 2009, remuneration paid to the Chairman of the Board totalled EUR 19 thousand (EUR 19 thousand in 2008 and EUR 19 thousand in 2007).

Remunerations to the other members of the Board of the parent company totalled EUR 68 thousand (EUR 57 thousand in 2008 and EUR 61 thousand in 2007).

Dismissal of the President and CEO

The terms and conditions of the President and CEO’s dismissal have yet to be confirmed.

Pension plans

No other notable pension arrangements, beyond those mandated by law, have been made with the Managing Directors of Group companies.