Avarda Bank AB previously operated under the name TF Bank AB. References to TF Bank AB refer to the same legal entity that is now named Avarda Bank AB.
Remuneration of Board members
The Annual General Meeting 2026 resolved, in accordance with the Nomination Committee’s proposal, that the fees to the Board members shall be paid in accordance with the following:
- SEK 1,500,000 to the Chairman of the Board of Directors and SEK 550,000 to each of the other members of the Board of Directors
- SEK 200,000 to the Chairman and SEK 100,000 to each of the other members of the Audit Committee
- SEK 100,000 to the Chairman and SEK 50,000 to each of the other members of the Remuneration Committee
- SEK 200,000 to the Chairman and SEK 100,000 to each of the other members of the Risk- and Compliance Committee
Remuneration of Senior Executives
The AGM in 2026 adopted the following guidelines for remuneration of Avarda Bank’s senior executives.
Share Programme
The Meeting resolved, in accordance with the Board of Directors’ proposal, to adopt the Share Program 2026. The program has a three-year duration and means that certain senior executives, conditional upon certain terms being met, may in total receive up to 22,000 shares in the Company, provided that they have acquired a corresponding number of shares. The Meeting further resolved that a maximum of 29,000 acquired shares in the Company may be transferred for the purpose of carrying out the Share Program 2026 or to cover thereto related costs. The terms of the programme in English is available in the notice to attend the AGM.
The meeting resolved to adopt Share programme 2024 in accordance with the Board of Directors’ proposal. The programme has a three-year duration and means that senior executives and some other employees (in aggregate up to 30 persons), conditional upon that that certain terms are met, may receive up to 46,000 shares in TF Bank provided that they have acquired a corresponding number of shares. The terms of the programme in English is available in the notice to attend the AGM.
The meeting resolved to adopt Share programme 2023 in accordance with the Board of Directors’ proposal. The programme has a three-year duration and means that senior executives and some other employees (in aggregate up to 28 persons), conditional upon that that certain terms are met, may receive up to 26,000 shares in TF Bank provided that they have acquired a corresponding number of shares. The terms of the programme in English is available in the notice to attend the AGM.