The Nobel Prize in Chemistry (Swedish: Nobelpriset i kemi) is awarded annually by the Royal Swedish Academy of Sciences to scientists in the various fields of chemistry. It is one of the five Nobel Prizes established by the will of Alfred Nobel in 1895, awarded for outstanding contributions in chemistry, physics, literature, peace, and physiology or medicine. This award is administered by the Nobel Foundation and awarded by a Nobel Committee that consists of five members elected by The Royal Swedish Academy of Sciences. The first Nobel Prize in Chemistry was awarded in 1901 to Jacobus Henricus van 't Hoff, of the Netherlands, "for his discovery of the laws of chemical dynamics and osmotic pressure in solutions." The award is presented in Stockholm at an annual ceremony on December 10, the anniversary of Nobel's death. The 2008 Nobel Prize was awarded to Osamu Shimomura, Roger Tsien and Marty Chalfie for their work on green fluorescent protein. They were awarded the prize amount of 10,000,000 SEK (slightly more than €1 million, or US$1.4 million). The 2009 Nobel Prize was awarded to Thomas Steitz, Ada Yonath and Venkatraman Ramakrishnan.