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G2 Information Regarding Members of the Board of Directors and Group Management (Tables) | 12 Months Ended
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Dec. 31, 2020
Disclosure Of Information About Board Of Directors And Group Management [Abstract] |
Summary of Remuneration to Members of the Board of Directors |
Remuneration to members of the Board of Directors |
SEK |  | Board fees |  | Number of synthetic shares/portion of Board fee |  | Value at grant date of synthetic shares allocated in 2020 |  | Number of previously allocated synthetic shares outstanding |  | Net change in value of synthetic shares 1) |  | Committee fees |  | Total fees paid in cash 2) |  | Total remuneration 2020 |
|  |  |  |  |  | A |  |  |  | B |  |  |  | C |  | (A+B+C) |
Board member |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ronnie Leten |  | 4,075,000 |  | 24,625/50% |  | 2,404,385 |  | 52,525 |  | 543,924 |  | 375,000 |  | 2,412,500 |  | 5,360,809 |
Helena Stjernholm |  | 1,020,000 |  | 6,163/50% |  | 601,755 |  | 32,672 |  | 254,900 |  | 175,000 |  | 685,000 |  | 1,541,655 |
Jacob Wallenberg |  | 1,020,000 |  | 9,245/75% |  | 902,682 |  | 39,765 |  | 295,558 |  | 175,000 |  | 430,000 |  | 1,628,240 |
Jon Fredrik Baksaas |  | 1,020,000 |  | 6,163/50% |  | 601,755 |  | 32,370 |  | (6,009) |  | 200,000 |  | 710,000 |  | 1,305,746 |
Jan Carlson |  | 1,020,000 |  | 9,245/75% |  | 902,682 |  | 32,370 |  | 39,913 |  | 425,000 |  | 680,000 |  | 1,622,595 |
Nora Denzel |  | 1,020,000 |  | 3,081/25% |  | 300,829 |  | 10,788 |  | 65,016 |  | 175,000 |  | 940,000 |  | 1,305,845 |
Börje Ekholm |  | — |  | — |  | — |  | 8,319 |  | 326,399 |  | — |  | — |  | 326,399 |
Eric A. Elzvik |  | 1,020,000 |  | 3,081/25% |  | 300,829 |  | 10,788 |  | 13,298 |  | 400,000 |  | 1,165,000 |  | 1,479,127 |
Kurt Jofs |  | 1,020,000 |  | — |  | — |  | 19,378 |  | 65,602 |  | 600,000 |  | 1,620,000 |  | 1,685,602 |
Kristin S. Rinne |  | 1,020,000 |  | 3,081/25% |  | 300,829 |  | 22,514 |  | 111,003 |  | 200,000 |  | 965,000 |  | 1,376,832 |
Employee Representatives |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Torbjörn Nyman |  | 19,500 |  | — |  | — |  | — |  | — |  | 10,500 |  | 30,000 |  | 30,000 |
Kjell-Åke Soting |  | 19,500 |  | — |  | — |  | — |  | — |  | 10,500 |  | 30,000 |  | 30,000 |
Roger Svensson |  | 19,500 |  | — |  | — |  | — |  | — |  | 10,500 |  | 30,000 |  | 30,000 |
Per Holmberg (deputy) |  | 19,500 |  | — |  | — |  | — |  | — |  | — |  | 19,500 |  | 19,500 |
Anders Ripa (deputy) |  | 19,500 |  | — |  | — |  | — |  | — |  | — |  | 19,500 |  | 19,500 |
Loredana Roslund (deputy) |  | 19,500 |  | — |  | — |  | — |  | — |  | — |  | 19,500 |  | 19,500 |
Total |  | 12,352,000 |  | 64,684 |  | 6,315,746 |  | 261,489 |  | 1,709,604 |  | 2,756,500 |  | 9,756,000 |  | 17,781,350 | 3)
1) | The difference in value as of the time for payment, compared to December 31, 2019, for synthetic shares allocated in 2015 (for which payment was made in 2020).
The difference in value as of December 31, 2020 compared to December 31, 2019, for synthetic shares allocated in 2016, 2017, 2018 and 2019. Calculated on a share price of SEK 97.64. The difference in value as of December 31, 2020, compared to grant date for synthetic shares allocated in 2020. The value of synthetic shares allocated in 2016, 2017, 2018 and 2019 includes respectively SEK 1.00, SEK 1.00, SEK 1.00 and SEK 1.50 per share in compensation for dividends resolved by the Annual General Meetings 2017, 2018, 2019 and 2020 and the value of the synthetic shares allocated in 2015 includes dividend compensation for dividends resolved in 2016, 2017, 2018 and 2019.
2) | Committee fee and cash portion of the Board fee.
3) | Excluding social security charges in the amount of SEK 3,740,020.
Summary of Remuneration Costs for the President and CEO and Other Members of Executive Team (ET) |
Remuneration costs for the President and CEO and other members of Executive Team (ET)
SEK |  | President and CEO 2020 |  | President and CEO 2019 |  | Other members of ET 2020 |  | Other members of ET 2019 |  | Total 2020 |  | Total 2019
Salary 1) |  | 17,727,726 |  | 16,299,080 |  | 98,063,266 |  | 86,342,359 |  | 115,790,992 |  | 102,641,439
Termination beneﬁts |  | — |  | — |  | — |  | — |  | — |  | —
Annual variable remuneration provision earned for the year |  | — |  | — |  | 37,992,529 |  | 28,289,319 |  | 37,992,529 |  | 28,289,319
Long-term variable compensation provision 2) |  | 41,110,656 |  | 31,491,325 |  | 41,237,506 |  | 31,149,752 |  | 82,348,162 |  | 62,641,077
Pension costs 3) |  | 9,113,376 |  | 8,284,891 |  | 39,685,920 |  | 33,389,234 |  | 48,799,296 |  | 41,674,125
Other beneﬁts |  | 770,276 |  | 600,572 |  | 17,064,089 |  | 21,765,983 |  | 17,834,365 |  | 22,366,555
Social charges and taxes |  | 21,592,463 |  | 17,807,558 |  | 52,496,382 |  | 43,244,590 |  | 74,088,845 |  | 61,052,148
Total |  | 90,314,497 |  | 74,483,426 |  | 286,539,692 |  | 244,181,237 |  | 376,854,189 |  | 318,664,663
1) | Includes compensation for unused vacation days.
2) | Includes pro-rated long-term variable compensation provisions for other members of ET for the individuals who left ET during the year.
3) | Includes cash payments to the President and CEO in lieu of defined contribution payment in a cost neutral way to Ericsson.

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