Employment of executives
The Board of Directors appoints registered executives of Executive Management and determines their remuneration. The CEO appoints members of Executive Management that are not registered executives.

Executive Remuneration
Remuneration to registered executives of Novo Nordisk A/S is governed by the applicable Remuneration Policy  adopted at the Annual General Meeting in 2024. 

The remuneration consists of a fixed base salary, a short-term cash-based incentive, a long-term share-based incentive, a pension contribution, and other benefits.

Remuneration to Executive Management members is further described in the Remuneration Report, which is submitted to the Annual General Meeting for an advisory vote.