Remuneration policy

Fondita’s remuneration policies apply to the following groups of staff: executive management, fund managers and members of the company’s permanent risk control function. When remunerating employees, Fondita follows the provisions on remuneration in Chapter 3 of the Finnish Investment Funds Act. Employees do not receive variable remuneration, as the entire salary consists of a fixed monthly or hourly wage. Due to the nature of the fixed monthly or hourly wage, which applies to all employees at Fondita, Fondita has assessed that the remuneration principles are not linked to sustainability targets nor sustainability risks. In other words, the sustainability targets or risks does not in any way incentivise for certain decision-making or acting in regards of remuneration.