A remuneration committee has been appointed during 2009, consisting of the Chairman of the Board and one director of the Board. Remuneration issues for the Chairman of the Board are addressed by the Annual General Meeting.
Remuneration questions for the CEO are addressed by Ortivus' Chariman of the Board, after which they are decided by the Board. Remuneration issues for subsidiary executives and other senior executives at Ortivus are handled by the CEO with the application of the ”grandfather principle”. According to this principle, the CEO justifies to the Chairman of the Board all changes in salary and reimbursement and other remuneration for the senior executives who report to him. The Board of Directors addresses issues involving other compensation systems, such as incentive programs, and the Annual General Meeting takes decisions on such matters.