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OX2 Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Paul Stormoen

Chief executive officer

SEK 7.1m

Total compensation

CEO salary percentage	43.8%
CEO tenure	13.8yrs
CEO ownership	n/a
Management average tenure	4.8yrs
Board average tenure	5.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Paul Stormoen's remuneration changed compared to OX2's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2024	n/a	n/a	SEK 472m
Mar 31 2024	n/a	n/a	SEK 881m
Dec 31 2023	SEK 7m	SEK 3m	SEK 1b
Sep 30 2023	n/a	n/a	SEK 1b
Jun 30 2023	n/a	n/a	SEK 1b
Mar 31 2023	n/a	n/a	SEK 1b
Dec 31 2022	SEK 7m	SEK 3m	SEK 1b
Sep 30 2022	n/a	n/a	SEK 696m
Jun 30 2022	n/a	n/a	SEK 667m
Mar 31 2022	n/a	n/a	SEK 397m
Dec 31 2021	SEK 4m	SEK 3m	SEK 334m
Sep 30 2021	n/a	n/a	SEK 170m
Jun 30 2021	n/a	n/a	SEK 287m
Mar 31 2021	n/a	n/a	SEK 250m
Dec 31 2020	SEK 4m	SEK 3m	SEK 298m

Compensation vs Market: Paul's total compensation ($USD670.42K) is below average for companies of similar size in the UK market ($USD2.09M).

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

CEO

Paul Stormoen (43 yo)

13.8yrs

Tenure

SEK 7,070,000

Compensation

Mr. Paul Stormoen serves as the Chief Executive Officer of OX2 AB (publ). Mr. Stormoen is Chief Executive Officer of Wind and Managing Director of Wind Power Development at Peas Industries AB (formerly kno...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Paul Stormoen	Chief Executive Officer	13.8yrs	SEK 7.07m	no data
Johan Rydmark	Chief Financial Officer	5.3yrs	no data	0.046% SEK 7.5m
Katarina Grönwall	Chief Sustainability & Communications Officer	2.8yrs	no data	0% SEK 0
Mikael Landberg	Chief People Officer	less than a year	no data	no data
Christoffer Brandorf	Head of Transactions	4.8yrs	no data	0.23% SEK 37.7m
Peter Tornberg	Chief Commercial Officer	1.8yrs	no data	0.35% SEK 56.4m
Mehmet Energin	Chief Strategy Officer	5.8yrs	no data	0.44% SEK 71.4m
Emelie Zakrisson	Head of Offshore Wind - Sweden	no data	no data	no data
Rebecca Karlsson	Head of Sustainability	no data	no data	no data
Morten Langsholdt	Head of Power-to-X	no data	no data	no data

4.8yrs

Average Tenure

44yo

Average Age

Experienced Management: OX2S's management team is considered experienced (4.8 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Johan Ihrfelt	Chairman	18.8yrs	SEK 554.00k	0% SEK 0
Thomas von Otter	Director	19.8yrs	SEK 425.00k	no data
Birgit Anna-Karin Celsing	Director	5.8yrs	SEK 441.00k	0% SEK 0
Malin Persson	Independent Director	3.8yrs	SEK 370.00k	0.0015% SEK 248.3k
Ann Grevelius	Independent Director	3.8yrs	SEK 306.00k	0.00092% SEK 149.3k
Niklas Midby	Independent Director	5.8yrs	SEK 357.00k	0% SEK 0

5.8yrs

Average Tenure

58yo

Average Age

Experienced Board: OX2S's board of directors are considered experienced (5.8 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/10/23 09:53
End of Day Share Price	2024/08/06 00:00
Earnings	2024/06/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

OX2 AB (publ) is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kristofer Liljeberg-Svensson	Carnegie Investment Bank AB
Oskar Lindstrom	Danske Bank
Johan Skoglund	DNB Markets

This company listing is no longer active

OX2 Management

Management criteria checks 4/4

Key information

Recent management updates

OX2 AB (publ) Appoints Roshan Saldanha as Chief Financial Officer, Effective April 2025

Chief Financial Officer Johan Rydmark Leaves OX2 AB (publ) in April 2025

OX2 Announces Resignation of Kristina Wright as Chief Operating Officer

Insufficient new directors

OX2 AB (publ) Announces Board Appointments

OX2 AB (publ), Annual General Meeting, May 14, 2024

Recent updates

OX2 AB (publ) Appoints Roshan Saldanha as Chief Financial Officer, Effective April 2025

OX2 Set to Delist from Nasdaq Stockholm after EQT Takeover

Chief Financial Officer Johan Rydmark Leaves OX2 AB (publ) in April 2025

OX2 AB (publ)(OM:OX2) dropped from OMX Nordic All-Share Index

EQT Infrastructure VI, managed by EQT AB (publ) (OM:EQT) completed the acquisition of OX2 AB (publ) (OM:OX2) from Peas Industries Invest AB and others.

OX2 AB (publ) to Delist from Nasdaq Stockholm

Nala Renewables Switzerland Sàrl acquired 99.2 MW Onshore Wind Project in Romania from OX2 AB (publ) (OM:OX2) for SEK 2.5 billion.

OX2 Announces Resignation of Kristina Wright as Chief Operating Officer

Insufficient new directors

Flower Technologies AB agreed to acquire 42.5 MW energy storage facility in Bredhälla from OX2 AB (publ) (OM:OX2).

OX2 AB (publ) to Report Fiscal Year 2023 Results on Apr 09, 2024

OX2 AB (publ) Updates Earnings Guidance for the Fiscal Year 2023

Afcon Renewable Energy Ltd agreed to acquire solar projects of 82 MW in Andalusia and Castilla la Mancha from OX2 AB (publ) (OM:OX2) .

OX2 AB (publ) Announces Board Appointments

OX2 AB (publ), Annual General Meeting, May 14, 2024

Second quarter 2023 earnings released: EPS: kr0.92 (vs kr1.12 in 2Q 2022)

OX2 AB (publ) Announces Resignation of Jan Frykhammar as Board of Director and Member of Audit Committee

Petter Samlin Do Not Stand for Re-Election as Director of OX2 AB (publ)

Ingka Investments agreed to acquire three offshore wind projects in Finland from OX2 AB (publ) (OM:OX2).

OX2 AB (publ) (OM:OX2) completed the acquisition of ESCO Pacific Pty Ltd from The Shell Petroleum Company Limited, Steve Rademaker and private investors.

First quarter 2023 earnings released: EPS: kr0.36 (vs kr0.41 in 1Q 2022)

Full year 2022 earnings released: EPS: kr4.01 (vs kr1.28 in FY 2021)

Director recently sold kr1.7m worth of stock

OX2 AB (publ) (OM:OX2) entered into an agreement to acquire 152 MW solar power portfolio in Andalusia from UAB Green Genius.

OX2 AB (publ) to Report Q1, 2023 Results on Apr 28, 2023

OX2 AB (publ), Annual General Meeting, May 16, 2023

Helen Oy and Ålandsbanken Abp (HLSE:ALBAV) agreed to acquire Niinimäki wind farm in Finland from OX2 AB (publ) (OM:OX2).

OX2 AB (Publ) Re-Iterates Earnings Guidance for the Year of 2022

Third quarter 2022 earnings released: EPS: kr0.16 (vs kr0.055 in 3Q 2021)

Investor sentiment deteriorated over the past week

Ingka Investments agreed to acquire 49% stake in Three offshore wind development projects in Sweden from OX2 AB (publ) (OM:OX2) for €58 million.

OX2 AB (publ) Updates Earnings Guidance for the Second Half and Full Year of 2022

OX2 AB Appoints Kristina Wright as Chief Operating Officer, Effective November 1, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age

Company Analysis and Financial Data Status

Data Sources

Analysis Model and Snowflake

Industry and Sector Metrics

Analyst Sources