Varma - Annual Report 2012

Remuneration of Supervisory Board members

The Supervisory Board convened three times in 2012. The average attendance rate was 75.9 per cent. The table below contains information on each member for 2012.

Remuneration of the Supervisory Board is decided by the Annual General Meeting. The annual remuneration of the Chairman of the Supervisory Board is EUR 5,000, of the Deputy Chairmen EUR 3,800 and of the members, EUR 2,500. In addition, the members of the Supervisory Board receive a meeting fee of EUR 300.

Members of the Supervisory Board are insured under Article 8 of the Employees Pensions Act TyEL, and a TyEL contribution is paid on the meeting fee.