Note 12

Wages, compensations and fees

Amounts in NOK thousand		2016	2015
Total wages and other cash payments		2 246	2 231
- hereof salary to the Managing Director		923	895
- hereof other renumeration to the Managing Director		54	74
- hereof refunded premium regarding the pension plan for the Managing Director		63	95
- hereof renumeration to the Board of Directors 1)		100	101
The Board of Directors	Kjetil Hauge, Chairman	0	0
	Sandra Myhre Helseth	0	0
	Trond Lars Nydal	0	0
	Geir Tore Hjelle	50	43
	Britt Iren Tøsse Aandal	50	43
Total fees paid to external auditor (all fees are stated including VAT of 25 %)		775	736
- hereof statutory audit services		269	250
- hereof tax-related services		35	34
- hereof other attestation services		410	373
- hereof other non-audit services		61	79
1) In 2015, renumeration to the Control Comittee is included.

Møre Boligkreditt AS has no employees at the end of 2016. Møre Boligkreditt AS remunerated Sparebanken Møre for the use of two man-years, but only the Managing Director of Møre Boligkreditt AS is dedicated full time to the company. A number of services are also outsourced for performance by Sparebanken Møre, and these are regulated by a specific agreement between the mortgage company and the bank. The above-mentioned pay and other cash benefits, as well as employer's national insurance contributions, are cost refunds to Sparebanken Møre. The employees are members of Sparebanken Møre's pension scheme. The scheme satisfies the current requirements for mandatory occupational pensions. The company had as per 31 December 2016 no obligation to pay the Managing Director, chairman of the Board of Directors or other employees special remuneration upon them leaving the company or in the event of a change in their employment relationship or duties. Nor do any obligations concerning bonuses, options, or similar exist for any of the aforementioned people.

Amounts in NOK thousand	2016		2015
Loans and guarantees
	Loans	Guarantees	Loans	Guarantees
Board of Directors
Kjetil Hauge, Chairman	3 330	0	3 534	0
Sandra Myhre Helseth	2 835	0	2 429	0
Trond Lars Nydal	925	0	971	0
Geir Tore Hjelle	0	0	0	0
Britt Iren Tøsse Aandal	0	0	0	0
Managing Director
Ole Kjerstad	3 761		3 926

Ordinary customer terms and conditions have been applied to loans provided for members of the Board of Directors.
Loans to the Managing Director and the Board members of Møre Boligkreditt AS, who also are employees in Sparebanken Møre, are given according to staff conditions.