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4. Personnel expenses

EUR 1,000

2019 2018





Wages and salaries

-6,953 -7,115
Pension expenses

-550 -668
Other personnel expenses

-338 -229
Personnel expenses total

-7,840 -8,012










Average number of employees during the period

2019 2018





Management and administration

10 12
Other personnel

30 51
Total average number of employees

40 63










Salaries, fees, remunerations and pensions to the management
1 000 € Salaries,
fees, remunerations
2019
Obligatory pension expenses 2019 Salaries,
fees, remunerations
2018
Obligatory pension expenses 2018





Padma Ravichander, CEO as from 18 April 2016 -431
-465





Members of the Board of Directors:
Neil Macleod, Chairman of the Board 24.9.2018- -55


Jyoti Desai, Vice Chairman of the Board 24.9.2018- -38


Conrad Neil Phoenix 24.9.2018 - -28


Kaj Hagros 15.5.2020- -19 -5

Anders Fernander 5.9.2020 - -9


Priyesh Ranjan 24.9.2018 - 1.7.2020 -16


Harri Koponen 2008 - 15.5.2020 -23 -6 -116 -29
Christer Sumelius 2001 - 15.5.2020 -13
-65
Pentti Heikkinen 2009 - 15.5.2020 -13 -3 -74 -29
Total -646 -14 -719 -58





The pension benefits of the members of Board of Directors are determined by the Finnish Employees Pensions Act (Tyel). The members of Board of Directors have no additional pension arrangements.


The CEO has a CEO contract, which is made according to Finnish law. The CEO is responsible for tax and other compulsory payments.