Swedish Orphan Biovitrum AB

At the Swedish Orphan Biovitrum AB annual general meeting on 9 May 2023, Folketrygdfondet, manager of the Government Pension Fund Norway, voted against item 16 for the following reasons:

Item 16: Resolution on approval of the remuneration report

Folketrygdfondet’s decision to vote against the executive remuneration policy is based on a cumulative assessment. We note the significant and unexplained increase in CEO foxed compensation and the absence of a claw-back mechanism. For these reasons, Folketrygdfondet voted against item 16.