H&M’s Extraordinary General Meeting on 20 October resolved to introduce an incentive programme for all employees according to the same basic principle beginning in 2011
Since all employees are covered by the incentive programme, the meeting also took the decision to supplement the guidelines on remuneration to senior executives that were adopted at the 2010 Annual General Meeting with the following statement: Senior executives are entitled to the benefits provided under the H&M Incentive Program.
See below for updated remuneration guidelines to senior executives as well as for the presentation held at the Extraordinary General Meeting describing the incentive programme that will start in 2011.
Guidelines for remuneration to senior executives
Presentation: H&M Incentive Program