Nobel Peace Prize for the abolition or reduction of standing armies and for the holding and promotion of peace congresses". Alfred Nobel's will further specified that the prize be awarded by a committee of five people chosen by the Norwegian Parliament. Nobel died in 1896 and he did not leave an explanation for choosing peace as a prize category. As he was a trained chemical engineer, the categories for chemistry and physics were obvious choices. The reasoning behind the peace prize is less clear. According to the Norwegian Nobel Committee, his friendship with Bertha von Suttner, a peace activist and later recipient of
Nobel Prize in Chemistry and institution serving as the selection board for the prize typically announce the names of the laureates in October. The prize is then awarded at formal ceremonies held annually on December 10, the anniversary of Alfred Nobel's death. "The highlight of the Nobel Prize Award Ceremony in Stockholm is when each Nobel Laureate steps forward to receive the prize from the hands of His Majesty the King of Sweden. The Nobel Laureate receives three things: a diploma, a medal and a document confirming the prize amount" ("What the Nobel Laureates Receive"). Later the "Nobel Banquet" is held in Stockholm City