Bure Equity Management

Management criteria checks 4/4

Bure Equity's CEO is Henrik Blomquist, appointed in Apr 2013, has a tenure of 11.25 years. total yearly compensation is SEK7.00M, comprised of 75.7% salary and 24.3% bonuses, including company stock and options. directly owns 0.11% of the company’s shares, worth €2.45M. The average tenure of the management team and the board of directors is 10.1 years and 8.8 years respectively.

Key information

Henrik Blomquist

Chief executive officer

SEK 7.0m

Total compensation

CEO salary percentage	75.7%
CEO tenure	11.3yrs
CEO ownership	0.1%
Management average tenure	10.1yrs
Board average tenure	8.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Henrik Blomquist's remuneration changed compared to Bure Equity's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	SEK 5b
Dec 31 2023	SEK 7m	SEK 5m	SEK 5b
Sep 30 2023	n/a	n/a	SEK 4b
Jun 30 2023	n/a	n/a	SEK 3b
Mar 31 2023	n/a	n/a	-SEK 204m
Dec 31 2022	SEK 14m	SEK 5m	-SEK 9b
Sep 30 2022	n/a	n/a	-SEK 10b
Jun 30 2022	n/a	n/a	-SEK 7b
Mar 31 2022	n/a	n/a	-SEK 5m
Dec 31 2021	SEK 13m	SEK 5m	SEK 6b
Sep 30 2021	n/a	n/a	SEK 6b
Jun 30 2021	n/a	n/a	SEK 7b
Mar 31 2021	n/a	n/a	SEK 6b
Dec 31 2020	SEK 9m	SEK 4m	SEK 3b
Sep 30 2020	n/a	n/a	SEK 5b
Jun 30 2020	n/a	n/a	SEK 3b
Mar 31 2020	n/a	n/a	-SEK 1b
Dec 31 2019	SEK 8m	SEK 3m	SEK 4b
Sep 30 2019	n/a	n/a	SEK 2b
Jun 30 2019	n/a	n/a	SEK 2b
Mar 31 2019	n/a	n/a	SEK 3b
Dec 31 2018	SEK 7m	SEK 3m	SEK 2b

Compensation vs Market: Henrik's total compensation ($USD662.50K) is below average for companies of similar size in the German market ($USD2.16M).

Compensation vs Earnings: Henrik's compensation has been consistent with company performance over the past year.

CEO

Henrik Blomquist (53 yo)

11.3yrs

Tenure

SEK 7,000,000

Compensation

Mr. Henrik Blomquist is Chief Executive Officer of Bure Equity AB (publ). He joined the Bure Equity AB (publ) in 1999. He is President of Bure Equity AB (publ) since 2013.He was Acting Chief Executive Off...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Henrik Blomquist	President & CEO	11.3yrs	SEK 7.00m	0.11% SEK 2.5m
Max Jonson	Chief Financial Officer	10.8yrs	no data	0.021% SEK 480.2k
Sophie Hagstromer	Investment Director	4.8yrs	no data	0.012% SEK 265.9k
Philip Nyblaeus	Investment Manager	13.3yrs	no data	0.014% SEK 312.2k
Gosta Johannesson	Senior Advisor	11.3yrs	no data	0.0067% SEK 153.8k
Oskar Hörnell	Investment Manager	no data	no data	0.015% SEK 335.0k
Gabriella Andersson	Investment Associate	no data	no data	0.0020% SEK 46.6k
Ella Kuritzén	Investment Associate (Parental leave)	no data	no data	0.00080% SEK 18.3k
Leah Engman	Data & investment Analyst	no data	no data	no data

10.1yrs

Average Tenure

42yo

Average Age

Experienced Management: BLZ's management team is seasoned and experienced (10.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Carsten Browall	Independent Director	5.2yrs	SEK 350.00k	0.011% SEK 243.0k
Patrik Tigerschiold	Chairman	11.3yrs	SEK 2.20m	10.43% SEK 238.0m
Birgitta Goransson	Independent Director	2.2yrs	SEK 350.00k	0.0015% SEK 33.8k
Carl Bjorkman	Director	14.3yrs	SEK 350.00k	3.97% SEK 90.7m
Charlotta Falvin	Independent Director	9.5yrs	SEK 350.00k	0.0021% SEK 46.8k
Sarah McPhee	Independent Member of the Board	8.2yrs	SEK 350.00k	0.021% SEK 483.1k

8.8yrs

Average Tenure

63yo

Average Age

Experienced Board: BLZ's board of directors are considered experienced (8.8 years average tenure).

Bure Equity Management

Management criteria checks 4/4

Key information

Recent management updates

Bure Equity AB (publ) Announces Appointment of Nominating Committee

Bure Equity AB (publ), Annual General Meeting, May 07, 2024

Less than half of directors are independent

Bure Equity AB (publ), Annual General Meeting, May 03, 2023

CEO & President recently bought €112k worth of stock

Chief Financial Officer recently sold €186k worth of stock

Recent updates

Bure Equity AB (publ) (OM:BURE) signed an agreement to acquire 12% stake in Mentimeter AB from AlfvÉN & Didrikson Invest Ab for SEK 450 million.

Bure Equity AB (publ) Approves Ordinary Dividend for the 2023 Financial Year, Payable on 15 May 2024

Dividend of kr2.50 announced

New major risk - Revenue and earnings growth

Bure Equity AB (publ) to Report Nine Months, 2024 Results on Nov 08, 2024

Bure Equity AB (publ) to Report Q1, 2024 Results on May 13, 2024

New major risk - Earnings quality

Bure Equity AB (publ) Announces Appointment of Nominating Committee

Bure Equity AB (publ), Annual General Meeting, May 07, 2024

Yubico AB completed the acquisition of ACQ Bure AB (publ) (OM:ACQ SPAC) from Bure Equity AB (publ) (OM:BURE), Skandinaviska Enskilda Banken AB (publ) (OM:SEB A), AMF Fonder AB, AP Fonden 4, Lannebo Fonder AB, AMF Tjänstepension AB, SEB-stiftelsen and others.

Bure Equity AB (publ) Approves Ordinary Cash Dividend, Payable on 10 May 2023

Upcoming dividend of kr2.25 per share at 0.9% yield

Less than half of directors are independent

Bure Equity AB (publ), Annual General Meeting, May 03, 2023

Bure Equity AB (publ) to Report Fiscal Year 2022 Results on Feb 23, 2023

CEO & President recently bought €112k worth of stock

Chief Financial Officer recently sold €186k worth of stock

CEO & President recently bought €69k worth of stock

Independent Director recently bought €94k worth of stock

Bure Equity AB (publ) Approves Cash Dividend for the Year 2021

Upcoming dividend of kr2.25 per share

Full year 2021 earnings released: EPS: kr85.67 (vs kr45.84 in FY 2020)

Bure Equity AB (publ) to Report Q1, 2022 Results on Apr 21, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Bure Equity AB (publ) Proposes Ordinary Dividend for 2021

Sandahlsbolagen Sweden AB acquired Locale Leasing Business from Bure Equity AB (publ) (OM:BURE).

Investor sentiment deteriorated over the past week

Third quarter 2021 earnings released: EPS kr18.92 (vs kr33.90 in 3Q 2020)

Second quarter 2021 earnings released: EPS kr53.05 (vs kr50.01 in 2Q 2020)

CEO & President recently bought €122k worth of stock

CEO & President recently bought €74k worth of stock

Chief Financial Officer recently bought €30k worth of stock

Chief Financial Officer recently sold €221k worth of stock

Bure Equity AB (Publ) Approves Cash Dividend, Payable on 14 May 2021

Upcoming dividend of kr2.00 per share

Full year 2020 earnings released: EPS kr45.08 (vs kr61.29 in FY 2019)

Full year 2020 earnings released: EPS kr45.08 (vs kr61.29 in FY 2019)

New 90-day high: €29.96

An unknown buyer acquired 10.1% stake in MedCap AB (publ) (OM:MCAP) from Bure Equity AB (publ) (OM:BURE).

New 90-day high: €29.24

Bure Equity AB (publ) (OM:BURE) made an offer to acquire remaining 88.8% stake in Allgon AB (publ) (OM:ALLG B) from a group of shareholders for approximately SEK 670 million.

New 90-day high: €28.70

Third quarter 2020 earnings released: EPS kr33.90

Bure Equity AB (publ) to Report Q1, 2021 Results on Apr 27, 2021

New 90-day high: €27.82

New 90-day high - €26.28

Bure Equity AB (publ) to Report Nine Months, 2020 Results on Nov 05, 2020

Bure Equity AB (publ) (OM:BURE) acquired additional 8.3% stake in Cavotec SA (OM:CCC).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age