Compensation

The Executive Board compensation is dependent on the Group's performance, whereas the Board of Directors compensation is fixed.

The Salary and Bonus Committee monitors trends in the Group's salary and bonus framework. The committee monitors the incentive programmes to ensure that they promote ongoing, long-term shareholder value creation.

Last updated/revised on May 5, 2008

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Corporate Governance
Holmens Kanal 2-12
1092 Copenhagen K, Denmark
Tel.: +45 33 44 00 00

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Compensation overview

Remuneration policy The remuneration policy for the Board of Directors and Executive Board reflects the objectives of a sound governance process and long-term value creation. Policy	Board of Directors remuneration The members of the Board of Directors receive a fixed fee and are not covered by the Group's incentive programmes. Board of Directors remuneration

Executive Board remuneration The remuneration of members of the Executive Board consists of a number of components, and it is dependent on the performance of the Group. Executive Board remuneration	Incentive schemes The incentive schemes are based on the creation of value by the Group and consist of share options, rights to purchase conditional shares, employee shares and cash bonuses. Incentive schemes

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Annual and quarterly financial reports

Read Danske Bank's annual and quarterly financial reports and see our interactive Group accounts for first quarter of 2008.

Financial reports
Interactive Group accounts