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Tallink Grupp Supervisory Board members waive remuneration

Members of the Tallink Grupp Supervisory Board Enn Pant, Ain Hanschmidt, Kalev Järvelill, Toivo Ninnas, Eve Pant and Raino Paron have this week unanimously decided to waive their Supervisory Board remuneration. According to the initial decision, the remuneration has been waived by the Board members for the next three months.

Commenting on the decision, Mr Enn Pant, Chairman of the Supervisory Board said:
“In the current economic crisis resulting from the coronavirus outbreak, which the whole world is faced with and in which everyone is looking for solutions to ensure survival and sustainability of operations, waiving the remuneration is the least the Supervisory Board members can currently do and it is the most logical step.

“The Management Board and all 7200 employees of Tallink Grupp are currently working decisively, firmly and professionally to secure the future of our company and the Supervisory Board of the group recognises and values highly everything that has been done by the group’s employees to date.“

Colin Douglas Clark, the seventh member of the Supervisory Board of Tallink Grupp, does not receive remuneration for his work as a Supervisory Board member.

Mar 25 2020

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