Epiroc Management

Management criteria checks 4/4

Epiroc's CEO is Helena Hedblom, appointed in Mar 2020, has a tenure of 3.25 years. total yearly compensation is SEK24.53M, comprised of 46.7% salary and 53.3% bonuses, including company stock and options. directly owns 0.002% of the company’s shares, worth MX$6.48M. The average tenure of the management team and the board of directors is 3.3 years and 5.4 years respectively.

Key information

Helena Hedblom

Chief executive officer

SEK 24.5m

Total compensation

CEO salary percentage	46.7%
CEO tenure	3.3yrs
CEO ownership	0.002%
Management average tenure	3.3yrs
Board average tenure	5.4yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Helena Hedblom's remuneration changed compared to Epiroc's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2023	n/a	n/a	SEK 9b
Dec 31 2022	SEK 25m	SEK 11m	SEK 8b
Sep 30 2022	n/a	n/a	SEK 8b
Jun 30 2022	n/a	n/a	SEK 8b
Mar 31 2022	n/a	n/a	SEK 8b
Dec 31 2021	SEK 26m	SEK 11m	SEK 7b
Sep 30 2021	n/a	n/a	SEK 7b
Jun 30 2021	n/a	n/a	SEK 6b
Mar 31 2021	n/a	n/a	SEK 5b
Dec 31 2020	SEK 21m	SEK 8m	SEK 5b

Compensation vs Market: Helena's total compensation ($USD2.27M) is below average for companies of similar size in the MX market ($USD5.70M).

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

CEO

Helena Hedblom (50 yo)

3.3yrs

Tenure

SEK 24,527,000

Compensation

Ms. Helena Hedblom, M.Sc. (Material Technology), has been an Independent Director at Stora Enso Oyj since March 19, 2021. She has been Director at Epiroc AB (publ) since May 12, 2020. Ms. Hedblom has been...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Helena Hedblom	CEO, President & Director	3.3yrs	SEK 24.53m	0.0018% SEK 6.5m
Hakan Folin	Senior VP of Controlling	1.5yrs	no data	0.00048% SEK 1.8m
Ashleigh Braddock	Vice President of Sales & Operations	no data	no data	no data
Jonas Albertson	Chief Technology Officer	3.3yrs	no data	0.00060% SEK 2.2m
Karin Larsson	VP of Investor Relations & Head of IR	no data	no data	no data
Charlotta Grähs	Senior VP & General Counsel	1.3yrs	no data	0.00026% SEK 952.4k
Nadim Penser	Senior Vice President of Brand & Communication	3.3yrs	no data	0.00014% SEK 512.9k
Martin Hjerpe	Senior Vice President of Strategy & Supply Chain	4.3yrs	no data	0.00095% SEK 3.5m
Sami Niiranen	President of Underground Division	5.4yrs	no data	0.00056% SEK 2.1m
Jose Sanchez	President of Surface Division	9.4yrs	no data	0.0014% SEK 5.1m
Goran Popovski	President of Tools & Attachments Division	3.3yrs	no data	0.00077% SEK 2.8m
Nelson Trejo	President of Parts & Services North and South America (NASA)	less than a year	no data	no data

3.3yrs

Average Tenure

50yo

Average Age

Experienced Management: EPIA N's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Helena Hedblom	CEO, President & Director	3.1yrs	SEK 24.53m	0.0018% SEK 6.5m
Ulla Litzen	Independent Director	6.4yrs	SEK 1.02m	0.012% SEK 44.3m
Johan Forssell	Director	6.4yrs	SEK 438.00k	0.00041% SEK 1.5m
Lennart Evrell	Independent Director	6.4yrs	SEK 731.00k	0.00033% SEK 1.2m
Jeane Hull	Independent Director	5.4yrs	SEK 595.00k	no data
Ronnie Leten	Independent Chairman of the Board	6.4yrs	SEK 2.75m	0% SEK 0
Kristina Kanestad	Employee Representative Director	5.4yrs	no data	0.00010% SEK 366.3k
Anthea Bath	Independent Director	1.2yrs	SEK 545.00k	no data
Astrid Onsum	Independent Director	5.4yrs	SEK 307.00k	no data
Gustav El Rachidi	Deputy Employee Representative Director	5.4yrs	no data	0% SEK 0
Daniel Rundgren	Employee Representative Director	2.7yrs	no data	no data
Sigurd Mareels	Independent Director	3.1yrs	SEK 588.00k	no data

5.4yrs

Average Tenure

55yo

Average Age

Experienced Board: EPIA N's board of directors are considered experienced (5.4 years average tenure).

Epiroc Management

Management criteria checks 4/4

Key information

Recent management updates

Epiroc AB (publ) Appoints Jodie Velasquez President Parts & Services APAC Division

Epiroc Announces Change in Group Management

Epiroc AB (Publ) Announces Executive Changes

Epiroc Announces Resignation of Sami Niiranen as Divisional President Sami Niiranen, Effective May 2024

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

Epiroc AB (Publ) Announces Formation of the Nomination Committee for the Annual General Meeting 2024

Recent updates

Epiroc AB (publ) (OM:EPI A) completed the acquisition of ACB+.

Epiroc AB (publ) (OM:EPI A) acquired Business of Yieldpoint Inc from Yieldpoint Inc.

Epiroc AB (publ) Appoints Jodie Velasquez President Parts & Services APAC Division

Epiroc AB (Publ) Approves Dividend, Payable on May 21, 2024, and October 25, 2024

Epiroc Announces Change in Group Management

Epiroc AB (publ) (OM:EPI A) completed the acquisition of STANLEY Infrastructure, LLC from Stanley Black & Decker, Inc. (NYSE:SWK).

Epiroc Splits Tools & Attachments Division

Epiroc AB (publ) to Report Q4, 2024 Results on Jan 30, 2025

Epiroc AB (publ) Proposes Dividend

Epiroc AB (Publ) Announces Executive Changes

Epiroc AB (publ) (OM:EPI A) agreed to acquire STANLEY Infrastructure, LLC from Stanley Black & Decker, Inc. (NYSE:SWK) for $760 million.

Epiroc Announces Resignation of Sami Niiranen as Divisional President Sami Niiranen, Effective May 2024

Epiroc AB (publ) to Report Q4, 2023 Results on Jan 24, 2024

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

Epiroc AB (Publ) Announces Formation of the Nomination Committee for the Annual General Meeting 2024

Epiroc AB (publ) (OM:EPI A) completed the acquisition of Production facilities and Service centers of Schramm.

Epiroc AB (publ) Approves Dividend

Epiroc AB (publ) (OM:EPI A) agreed to acquire Production facilities and Service centers of Schramm.

Key Executive recently bought Mex$360k worth of stock

Full year 2022 earnings released

Epiroc Presents World's First Underground Mine Truck Made Using Fossil-Free Steel from SSAB

Epiroc AB (publ) (OM:EPI A) completed the acquisition of CQMS Razer Pty Ltd.

Full year 2022 earnings released

Epiroc AB (Publ) Proposes A Dividend

Epiroc AB (publ) (OM:EPI A) agreed to acquire CQMS Razer Pty Ltd.

Epiroc Announces Management Changes

Epiroc AB (publ) (OM:EPI A) agreed to acquire Mernok Elektronik (Pty) Ltd.

Epiroc AB (publ) (OM:EPI A) completed the acquisition of Remote Control Technologies Pty Ltd.

Epiroc AB (publ) to Report Q3, 2023 Results on Oct 27, 2023

Epiroc AB (publ) (OM:EPI A) completed the acquisition of The Wain-Roy Business of Oregon Tool, Inc from Oregon Tool, Inc.

Epiroc AB (publ) (OM:EPI A) completed the acquisition of 53% stake in Radlink Pty Ltd.

Epiroc AB (publ) (OM:EPI A) agreed to acquire Remote Control Technologies Pty Ltd.

Epiroc AB (publ) (OM:EPI A) agreed to acquire The Wain-Roy Business from Oregon Tool, Inc.

Epiroc AB (publ) to Report Q4, 2022 Results on Jan 23, 2023

Epiroc AB (publ), Annual General Meeting, May 23, 2023

Epiroc AB (publ) (OM:EPI A) completed the acquisition of GeoScan Utility and Structural Investigation.

Epiroc AB (publ) (OM:EPI A) agreed to acquire GeoScan: Utility and Structural Investigation.

Epiroc Announces Appointment of Division Presidents, Effective January 1, 2023

Epiroc AB (publ) (OM:EPI A) agreed to acquire 53% stake in Radlink Pty Ltd.

Epiroc AB (publ) (OM:EPI A) entered into an agreement to acquire Aard Mining Equipment (Pty) Ltd.

Epiroc AB (publ) (OM:EPI A) Completed the acquisition of RNP México.

Jess Kindler, Division President, to Leave Epiroc

Epiroc Announces Executive Changes, Effective July 1, 2022

Epiroc AB (publ) (OM:EPI A) entered into an agreement to acquire RNP México.

Epiroc to Relocate Operations from Japan to China

Epiroc AB Approves Dividend for 2021, Payable on May 2, 2022 and October 27, 2022

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age