Compensation to the CEO and senior executives
Xspray must offer levels of compensation and employment conditions on market terms to enable the recruitment and retention of senior executives and key expertise. There are currently no agreements regarding severance pay for senior executives. Compensation to senior executives consists of basic salary, share-related compensation, pension provision and other benefits.
Xspray has conducted a total of three incentive programs in the form of share warrants to senior executives and key individuals.