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The company has a two-tier board structure consisting of the Board of Directors and the Executive Leadership Team

The Board of Directors supervises the performance of the company, its management and the organization on behalf of the shareholders. It also participates in determining the company strategy.he Board of Directors supervises the performance of the company, its management and the organization on behalf of the shareholders. It also participates in determining the company strategy.

The Executive Leadership Team, in turn, has responsibility for the company's daily operations.

The two bodies are separate, and no person serves as a member of both.

Link to rules of procedure for Executive Leadership Team (EN)

Remuneration policy for the Executive Management and the Board of Directors

The current remuneration policy for the Executive Management and the Board of Directors of Novozymes A/S can be downloaded below. The remuneration policy was adopted by the shareholders at the annual shareholders meeting on 26 February 2020. See also: https://ml-eu.globenewswire.com/Resource/Download/8c0bc7d4-c77a-474e-a4b5-c75a3f1c3279