Remuneration to the Board of Directors and Management

As of now, no long term incentive program exists. The total compensation paid in 2007 to the Members of the Board of Directors amounted to SEK 1.0 million whereof SEK 0.3 million to the Chairman and SEK 0.7 million to the other Board Members except those employed by EQT. Pursuant to the resolution of the Annual General Meeting 7 May 2008, the annual fee paid to the Chairman of the current Board of Directors is SEK 0.5 million and the annual fee paid to the other members of the current Board of Directors is SEK 0.25 million except for those members employed by EQT Partners or Mellby Gård Investerings AB.  Remuneration for committee work was decided as follows: the chairman of the audit committee shall receive SEK 100,000 and the other members of the audit committee SEK 50,000 each. The chairman of the remuneration committee shall receive SEK 50,000 and the other members of the remuneration committee SEK 25,000 each.

The total gross compensation paid during 2007, including salaries, pension payments and other benefits, to the members of the Management then in office amounted to SEK 31.5 million. Of the total gross consideration paid to the members of the Management, SEK 3.8 million related to compensation of Duni’s President and Chief Executive Officer and SEK 27.7 million related to compensation of other members of the Management. Duni pays a monthly cash pension contribution in accordance with each member of Management’s individual pension plan. In the future Duni intends to pay a monthly cash pension contribution of 35 % of the salary to the members of the Company’s Management. The other four Members participate in a contribution pension plan, where Duni contributes a defined amount to the plan monthly. The total cost relating to these pension arrangements for Duni in 2007 was SEK 3.7 million.

Duni’s Chief Executive Officer Fredrik von Oelreich receives an annual net salary of CHF 567,000 and a bonus of maximum of 50 % of his annual base salary based of pre-set targets for the performance of the Group. In addition, he is entitled to certain benefits such as car and travel allowances. Either Duni or Mr. von Oelreich may terminate the agreement upon six months’ written notice. In the case of termination of the agreement by Duni (other than due to gross negligence by Mr. von Oelreich) or termination by Mr. von Oelreich as a result of a gross breach of the agreement by the Company, Mr. von Oelreich is entitled to 12 months’ salary. Mr. von Oelreich participates in a contribution pension scheme to which Duni makes annual contributions in an amount equal to 35% of his annual net salary until the termination of his employment. Mr. von Oelreich’s pension age is 62.

Duni has not granted any loans to, or extended or issued any guarantees or sureties for the benefit of the members of the Board of Directors, members of the management or auditors. None of the Members of the Board of Directors, members of the management or auditors have either directly, or indirectly through closely held companies of immediate family, been engaged in business transactions with Duni that are or were not entered into on terms available to unaffiliated parties in the market.