Remuneration structure in TeliaSonera

According to the remuneration policy established by the Board of Directors, TeliaSonera shall offer a competitive package of rewards and remuneration to executives, managers and employees without being market leaders in this area.

The salary consists of a base part and a variable part. The base salary follows the salary structure in each respective country while the objectives of the variable salary are established in a plan for each calendar year and consist of a Group-related part and a country-related part.

The level of variable salary varies depending on the employee?s position in the company. The variable salary model has been approved by the Board of Directors.