Bonava Management

Management criteria checks 2/4

Bonava's CEO is Peter Wallin, appointed in Feb 2021, has a tenure of 2.42 years. total yearly compensation is SEK12.92M, comprised of 66.6% salary and 33.4% bonuses, including company stock and options. directly owns 0.08% of the company’s shares, worth SEK1.58M. The average tenure of the management team and the board of directors is 2.2 years and 1.3 years respectively.

Key information

Peter Wallin

Chief executive officer

SEK 12.9m

Total compensation

CEO salary percentage	66.6%
CEO tenure	2.4yrs
CEO ownership	0.08%
Management average tenure	2.2yrs
Board average tenure	1.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Wallin's remuneration changed compared to Bonava's earnings?
Date	Total Compensation	Salary	Company Earnings
Jun 30 2023	n/a	n/a	SEK 195m
Mar 31 2023	n/a	n/a	SEK 366m
Dec 31 2022	SEK 13m	SEK 9m	SEK 505m
Sep 30 2022	n/a	n/a	SEK 812m
Jun 30 2022	n/a	n/a	SEK 941m
Mar 31 2022	n/a	n/a	SEK 734m
Dec 31 2021	SEK 12m	SEK 7m	SEK 681m

Compensation vs Market: Peter's total compensation ($USD1.24M) is above average for companies of similar size in the UK market ($USD745.84K).

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

CEO

Peter Wallin (56 yo)

2.4yrs

Tenure

SEK 12,918,000

Compensation

Mr. Peter Wallin has been President and Chief Executive Officer at Bonava AB (publ) since February 01, 2021. He served as Executive Chairman of the Board of HENT at Ratos AB (publ) since February 10, 2020...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Wallin	President & CEO	2.4yrs	SEK 12.92m	0.080% SEK 1.6m
Lars Granlöf	Chief Financial Officer	2.6yrs	no data	0.027% SEK 532.2k
Susanna Winkiel	Acting Head of Investor Relations	no data	no data	no data
Hedvig Wallander	Group Head of Legal	1.8yrs	no data	0.014% SEK 275.2k
Fredrik Hammarbäck	Group Head of Press & Public Affairs	no data	no data	no data
Michael Björklund	President of St. Petersburg & Baltics Business Unit	6.6yrs	no data	0.0021% SEK 41.9k
Sabine Helterhoff	President of Germany Business Unit	no data	no data	0.0092% SEK 181.6k
Johnny Vollmer	Head of Design & Production	3.4yrs	no data	no data
Evin Khaffaf	Group Head of Communication	no data	no data	no data
Jonas Granstrom	President of Norway Business Unit	1.9yrs	no data	0.0099% SEK 195.6k
Anna Wenner	Senior Vice President of Brand & Culture	1.4yrs	no data	0.0074% SEK 144.8k
Alexandra Lauren	Business Unit President of Bonava Sweden	less than a year	no data	no data

2.2yrs

Average Tenure

55yo

Average Age

Experienced Management: BONABS's management team is considered experienced (2.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Olle Boback	Independent Director	less than a year	no data	no data
Viveca Johnson	Director	7.6yrs	SEK 318.00k	0.14% SEK 2.7m
Per-Ingemar Persson	Independent Director	2.3yrs	SEK 393.00k	0.0092% SEK 181.8k
Mats Jonsson	Independent Chairman	3.3yrs	SEK 851.00k	0.028% SEK 550.7k
Anette Frumerie	Independent Director	less than a year	no data	no data
Nils Styf	Independent Director	1.3yrs	SEK 266.00k	0.024% SEK 475.9k
Tobias Lonnevall	Independent Director	less than a year	no data	no data

1.3yrs

Average Tenure

60yo

Average Age

Experienced Board: BONABS's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.

Bonava Management

Management criteria checks 2/4

Key information

Recent management updates

Bonava AB (publ) Appoints Jon Johnsson as Member of the Executive Management Group, Effective Not Later Than 2 January 2025

Bonava AB (publ) Announces Composition of Nomination Committee

Bonava AB (Publ) Announces CFO Changes

Bonava AB (publ), Annual General Meeting, Apr 10, 2024

Bonava AB (Publ) Appoints Michael Björklund as New Business Unit President for Bonava Sweden

High number of new directors

Recent updates

Bonava AB (publ) to Report Q3, 2025 Results on Oct 24, 2025

Bonava Starts Production of 66 Housing Units in Uppsala City Centre

Bonava AB (publ) Appoints Jon Johnsson as Member of the Executive Management Group, Effective Not Later Than 2 January 2025

Bonava AB (publ) Announces Composition of Nomination Committee

Bonava AB (publ) to Report Fiscal Year 2024 Results on Feb 04, 2025

Bonava Starts Production of 240 Housing Units in the Baltics

Bonava AB (publ) to Report Fiscal Year 2024 Results on Feb 03, 2025

Bonava AB (publ) to Report Nine Months, 2024 Results on Oct 24, 2024

Bonava AB (Publ) Announces CFO Changes

Bonava AB (publ) has filed a Follow-on Equity Offering.

Bonava AB (publ), Annual General Meeting, Apr 10, 2024

Star Development LLC signed an agreement to acquire St. Petersburg operations Of bonava from Bonava AB (publ) (OM:BONAV B).

Bonava AB (publ) to Report Q1, 2024 Results on Apr 24, 2024

The Bayer Group Pension Plan signed an agreement to acquire 176 rental apartments in Cologne, Germany from Bonava AB (publ) (OM:BONAV B).

Bonava AB (Publ) Appoints Michael Björklund as New Business Unit President for Bonava Sweden

UNION Residential Development fund managed by Union Eiendomskapital AS reached an agreement to acquire Bonava Norge A/S from Bonava AB (publ) (OM:BONAV B) for SEK 1.5 billion.

High number of new directors

First quarter 2023 earnings released

Full year 2022 earnings released: EPS: kr4.71 (vs kr7.54 in FY 2021)

High number of new directors

INDUSTRIA Wohnen GmbH acquired 94 rental apartments in Leipzig and 60 rental apartments in Dusseldorf from Bonava AB (publ) for €50 million.

Bonava to Sell Total of 154 Rental Apartments in Germany

High number of new directors

Investor sentiment deteriorated over the past week

High number of new directors

Bonava AB (publ), Annual General Meeting, Apr 03, 2023

G-group Joint-Stock Company has entered into an agreement to acquire Bonava from Bonava AB (publ) (OM:BONAV B) for €98 million.

High number of new directors

Taaleri Housing Fund VIII, managed by Taaleri Oyj (HLSE:TAALA) acquired 313 sustainable rental apartments in the Helsinki region from Bonava AB (publ) (OM:BONAV B) for €85 million.

ICECAPITAL Housing Fund VI Ky agreed to acquire 123 rental apartments in Finland from Bonava AB (publ) (OM:BONAV B).

Bonava AB (publ) Announces Board Appointments

Bonava Decides to Close Its Operations in Russia

Bonava AB (publ), Annual General Meeting, Apr 01, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Sirius Capital Partners acquired 53 rental apartments in Helsinki from Bonava AB (publ) (OM:BONAV B) for €16 million.

Bonava Announces Changes to its Executive Management Group

Bonava Provides Earning Forecast for 2026 and for the Interim 2024

Independent Chairman recently bought kr426k worth of stock

Independent Chairman recently bought kr426k worth of stock

Third quarter 2021 earnings released

Upcoming dividend of kr1.60 per share

eQ Residential Fund, managed by eQ Asset Management Ltd. acquired 50 rental apartments in Helsinki from Bonava AB (publ) (OM:BONAV B) for €12 million.

Bonava Winds Down Operations in Denmark

President & CEO recently bought kr607k worth of stock

First quarter 2021 earnings released: kr0.06 loss per share (vs kr0.019 profit in 1Q 2020)

Bonava AB (Publ) Provides Production Guidance for the Full Year 2021

Independent Director has left the company

Insider recently sold kr207k worth of stock

Upcoming dividend of kr3.65 per share

Insider recently sold kr207k worth of stock

Bonava AB (Publ) Proposes Dividend Distributed in Two Installments, Payable on April 9, 2021 and October 7, 2021 Respectively

Full year 2020 earnings released: EPS kr6.82 (vs kr5.71 in FY 2019)

Revenue beats expectations

New 90-day high: kr91.45

CEO & President Joachim Hallengren has left the company

Full year 2020 earnings released: EPS kr6.84 (vs kr5.71 in FY 2019)

Revenue beats expectations

ICECAPITAL Housing Fund VI Ky agreed to acquire 138 rental apartments in Helsinki from Bonava AB (publ) (OM:BONAV B).

New 90-day high: kr79.00

INDUSTRIA Wohnen GmbH acquired 155 rental apartments in Lübeck, Germany from Bonava AB (publ) (OM:BONAV B) for approximately €45 million.

NREP Logistics AB acquired 105 rental units in Copenhagen, Denmark from Bonava AB (publ) (OM:BONAV B).

Bonava AB (Publ) Announces Mikael Norman Declines Reelection as Board Member At the Next Annual General Meeting

Bonava Appoints Riku Patokoski as New Business Unit President of Bonava Finland and Member of Bonava's Executive Management

Bonava AB (publ) Announces Management Changes

Bonava AB (publ) to Report Q3, 2021 Results on Oct 28, 2021

Bonava AB Announces Resignation of Joachim Hallengren as President and CEO

INDUSTRIA Wohnen GmbH cancelled the acquisition of 232 Rental Apartments in Berlin from Bonava AB (publ) (OM:BONAV B).

Icecapital Housing Fund V KY, managed by ICECAPITAL Asset Management Ltd. acquired 75 rental apartments in Turku, Finland from Bonava AB (publ) (OM:BONAV B).

Bonava AB (publ) to Report Q4, 2020 Results on Jan 29, 2021