4 Notes concerning personnel, management and board members

EUR million 1 Jan–31 Dec 2015 1 Jan–31 Dec 2014
Personnel expenses

Salaries, wages and renemunerations 7.1 17.6
Pension expenses 2.5 3.3
Other staff costs 0.5 0.8

10.0 21.7



Management salaries and renemunerations

The President and CEO 0.7 1.6
Board of Directors 0.4 0.4



Average number of employees

Salaried employees 127 234



Pension commitments concerning Board of Directors and the President and CEO

The retirement age of the President and CEO of Lemminkäinen Corporation is 63 years.