Knowit Management

Management criteria checks 4/4

Knowit's CEO is Per Wallentin, appointed in Feb 2011, has a tenure of 13.17 years. total yearly compensation is SEK14.04M, comprised of 58.5% salary and 41.5% bonuses, including company stock and options. directly owns 0.19% of the company’s shares, worth SEK7.44M. The average tenure of the management team and the board of directors is 5.3 years and 6.3 years respectively.

Key information

Per Wallentin

Chief executive officer

kr14.0m

Total compensation

CEO salary percentage	58.5%
CEO tenure	13.2yrs
CEO ownership	0.2%
Management average tenure	5.3yrs
Board average tenure	6.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Per Wallentin's remuneration changed compared to Knowit's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	n/a	n/a	kr240m
Sep 30 2023	n/a	n/a	kr267m
Jun 30 2023	n/a	n/a	kr256m
Mar 31 2023	n/a	n/a	kr366m
Dec 31 2022	kr14m	kr8m	kr385m
Sep 30 2022	n/a	n/a	kr395m
Jun 30 2022	n/a	n/a	kr429m
Mar 31 2022	n/a	n/a	kr341m
Dec 31 2021	kr13m	kr7m	kr290m
Sep 30 2021	n/a	n/a	kr242m
Jun 30 2021	n/a	n/a	kr234m
Mar 31 2021	n/a	n/a	kr234m
Dec 31 2020	kr12m	kr7m	kr250m
Sep 30 2020	n/a	n/a	kr245m
Jun 30 2020	n/a	n/a	kr238m
Mar 31 2020	n/a	n/a	kr243m
Dec 31 2019	kr9m	kr6m	kr232m
Sep 30 2019	n/a	n/a	kr227m
Jun 30 2019	n/a	n/a	kr229m
Mar 31 2019	n/a	n/a	kr234m
Dec 31 2018	kr10m	kr6m	kr223m
Sep 30 2018	n/a	n/a	kr217m
Jun 30 2018	n/a	n/a	kr209m
Mar 31 2018	n/a	n/a	kr197m
Dec 31 2017	kr9m	kr5m	kr194m

Compensation vs Market: Per's total compensation ($USD1.28M) is about average for companies of similar size in the UK market ($USD1.04M).

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

CEO

Per Wallentin (52 yo)

13.2yrs

Tenure

kr14,037,000

Compensation

Mr. Per Wallentin has been the Chief Executive Officer and President of Knowit Aktiebolag (publ) (Knowit AB (publ) (formerly known as Know IT AB)) since February 4, 2011. He served as Director of Poolia AB...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Per Wallentin	President & CEO	13.2yrs	kr14.04m	0.19% SEK 7.4m
Marie Bjorklund	Chief Financial Officer	5.3yrs	no data	0.0066% SEK 257.3k
Christina Johansson	Head of Communications	7.3yrs	no data	0.012% SEK 463.4k
Linda Westlund	Head of People & Culture	no data	no data	0.0099% SEK 387.2k
Fredrik Ekerhovd	Executive VP & Head of Business area Solutions	no data	no data	0.14% SEK 5.6m
Joakim Pilborg	Head of Sustainability	no data	no data	no data
Carin Strindmark	Executive VP & Head of Insight	3.8yrs	no data	0.011% SEK 436.1k
Bo Strömqvist	Interim Head of Connectivity	no data	no data	0.0066% SEK 258.9k
Dennis Lundkvist	Head of Business Support	no data	no data	0.012% SEK 488.1k
Kenneth Gvein	Head of Exeperience	less than a year	no data	no data

5.3yrs

Average Tenure

47.5yo

Average Age

Experienced Management: 0GNK's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Olof Cato	Director	2.6yrs	kr268.00k	0.015% SEK 572.2k
Jon Risfelt	Independent Chairman	11.3yrs	kr854.00k	0.020% SEK 793.1k
Stefan Gardefjord	Independent Director	6.3yrs	kr312.00k	0.0073% SEK 285.9k
Camilla Kirstein	Independent Director	10.3yrs	kr302.00k	0.0037% SEK 143.1k
Karin Pettersson	Independent Director	6.3yrs	kr400.00k	0.0044% SEK 171.7k
Sofia Sahlberg	Independent Director	2.6yrs	kr245.00k	0.0037% SEK 143.1k

6.3yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 0GNK's board of directors are considered experienced (6.3 years average tenure).

Knowit Management

Management criteria checks 4/4

Key information

Recent management updates

Knowit AB (publ), Annual General Meeting, May 03, 2024

Knowit Announces Executive Changes

Director recently bought kr147k worth of stock

Independent Director recently bought kr124k worth of stock

President & CEO recently bought kr675k worth of stock

President & CEO recently bought kr378k worth of stock

Recent updates

Upcoming dividend of kr2.60 per share

Final dividend of kr2.60 announced

Knowit AB (Publ) Proposes Dividend for the Financial Year of 2023, Payable on May 10, 2024, and November 21, 2024, Respectively

Knowit AB (publ), Annual General Meeting, May 03, 2024

Knowit Announces Executive Changes

Director recently bought kr147k worth of stock

Full year 2023 earnings released: EPS: kr8.74 (vs kr14.05 in FY 2022)

Knowit AB (publ) to Report Q3, 2024 Results on Oct 25, 2024

Upcoming dividend of kr3.75 per share at 4.9% yield

Independent Director recently bought kr124k worth of stock

Third quarter 2023 earnings released: EPS: kr1.08 (vs kr0.69 in 3Q 2022)

President & CEO recently bought kr675k worth of stock

New minor risk - Profit margin trend

Second quarter 2023 earnings released: EPS: kr0.71 (vs kr4.71 in 2Q 2022)

President & CEO recently bought kr378k worth of stock

President & CEO recently bought kr1.1m worth of stock

Knowit AB (Publ) Approves A Dividend, Payable on May 10, 2023 and November 21, 2023

First quarter 2023 earnings released: EPS: kr3.64 (vs kr4.34 in 1Q 2022)

Upcoming dividend of kr3.75 per share at 3.3% yield

Independent Director recently bought kr59k worth of stock

Full year 2022 earnings released: EPS: kr14.05 (vs kr12.26 in FY 2021)

Investor sentiment improves as stock rises 17%

Knowit AB (publ) Proposes Increased Dividends

Upcoming dividend of kr3.50 per share

Investor sentiment improved over the past week

Knowit AB (publ) to Report Q1, 2023 Results on May 03, 2023

Third quarter 2022 earnings released: EPS: kr0.69 (vs kr1.93 in 3Q 2021)

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

Knowit AB (publ) (OM:KNOW) acquired Ascend AB/Ionic AB for SEK 250 million.

Second quarter 2022 earnings released

Knowit AB (publ) (OM:KNOW) agreed to acquire Miracle A/S.

Stacc AS's Owner agreed to acquire non-controlling interests in Stacc AS from Knowit AB for NOS 73 million.

Knowit AB (publ) (OM:KNOW) acquired Swedspot AB.

Knowit Aktiebolag (publ) Approves Dividend, Payable on May 9, 2022 and on November 21, 2022

First quarter 2022 earnings released: EPS: kr4.34 (vs kr3.49 in 1Q 2021)

Upcoming dividend of kr3.50 per share

Now 21% undervalued after recent price drop

Knowit AB (publ) Proposes Dividend for the Financial Year of 2021

Chief Financial Officer recently bought kr94k worth of stock

Now 22% undervalued after recent price drop

Now 21% undervalued after recent price drop

Head of Communications recently bought kr100k worth of stock

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

Chief Financial Officer recently bought kr107k worth of stock

Knowit AB (publ) (OM:KNOW) agreed to acquire Strømlin Aps/1508.Dk A/S for DKK 100 million.

Third quarter 2021 earnings released: EPS kr1.93 (vs kr2.34 in 3Q 2020)

Investor sentiment improved over the past week

Second quarter 2021 earnings released: EPS kr2.03 (vs kr2.10 in 2Q 2020)

Knowit AB (publ) Approves Dividend for the Year 2020, Payable on May 19, 2021

Knowit AB (publ) Announces New Dividend Policy

Upcoming dividend of kr7.00 per share

First quarter 2021 earnings released: EPS kr3.49 (vs kr4.39 in 1Q 2020)

New 90-day low: kr267

Full year 2020 earnings released: EPS kr12.96 (vs kr12.06 in FY 2019)

Revenue misses expectations

New 90-day high: kr317

New 90-day high: kr294

New 90-day high: kr267

Knowit AB (publ) to Report Q3, 2021 Results on Oct 22, 2021

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations

New 90-day high: kr243

New 90-day high: kr237

New 90-day high - kr206

CEO Compensation Analysis

CEO

Tenure

Compensation