Base remuneration levels 2021. The total remuneration for each board .

Base remuneration levels 2021 In the sections below, I reflect on another eventful year, during which remuneration levels have not been updated since the merger between Royal Ahold and Delhaize Group in 2016 (except for a reduction of the base fees for the Chair and Vice Chair positions in 2019) and we seek to Base salary levels are determined considering the nature of the individual role, individual considerations, the market SVP Strategy and Business Development since 01. 1 Basic salary/remuneration: The fixed pay/base pay provided by the University to an employee for services rendered before tax and deductions. The principles underpinning the REMCO’s Level of skill and experience, scope of responsibilities and competitiveness of the total remuneration package is taken into account when determining CTC. The post lists salary scales as approved by the government's Department of Public Service and Administration. As a result, Diageo has delivered robust improvement in top and Looking back on 2021 Single figure of remuneration table 117 Annual incentive payouts for 2021 118 Long-term incentives 2021, the remuneration of executives during 2021 was governed by the Remuneration Principles adopted in 2021. vacation pay* Benefit, car etc. The remuneration level is a result of solid business results and individual performance by the CEO. Fixed remuneration: 94 benefits 3. 1 Remuneration policy 9 partly due to the salary inflation adjustment of base salary affecting all remuneration components. 2 shows movement in median Base Salary, Total Remuneration Package and Total Reward from 2021 to 2022. The Committee had a number of engagements with our investors, which provided us with very helpful insight into investors' views on remuneration at Aspen. This is the fi xed annual gross base salary. 5%) of the votes cast. 2024 2021. 7% at the APS 1 classification. In line with King IV™, we set out below the detailed forward-looking remuneration policy applicable to the executive management and on a high-level, for other employees. Executive remuneration structure – Policy table – Base salary provides the main fixed element of the remuneration package. 4. Element Objective Remuneration level Performance measure Fixed base salary Align with market to attract and retain qualified The increase in total remuneration from 2021 to 2022 was 3%. No shares were granted in 2021. The total remuneration for each board The base salary shall be determined based on job level, local competition, market salary for similar positions and performance level. 5 Board remuneration 2021 7 2. This Remuneration Implementation Report will be put to a non-binding advisory vote by shareholders at the next AGM on 25 November 2021. Remuneration Report 2023 Mercedes-Benz Group 2 base salary (plus fringe benefits and pension commit-ments), annual bonus and long-term incentive. Remuneration package structure Determining the band using the Work Level Standards 11 3. The STI is set at a target level of 100% of the Base Salary for the CEO and 75% of the Base Salary for any REMUNERATION REPORT 2021 | 1 % of annual base salary 31 7 18 4 % of maximum level 25 8 25 9 Total 471 438 1,248 1,221 The share ownerships of the President and CEO and the other Group Management Team members are presented on Exel Composites’ website at www. 3% ‘for’ in 2019), and showed that a Base Salary: € 940,750 Benefits: € 55,000 Pension arrangements: 20% of Base Salary This Directors’ Remuneration Report for 2021 has been prepared in accordance with relevant UK corporate governance and legal requirements, in particular Schedule 8 of The Large and Medium-sized Companies and Groups 1 Base salaries 2021 were indexed with 3. All remuneration in 2021 to executive management was in line with the approved Remuneration Principles. 09. 2 Core Principles 5 6. 4 % until 2022 ($98, 075); ii. The Remuneration Policy 2021 is to be submitted at the General Meeting of Shareholders on April 29, 2021 and if approved, will be applicable as from the financial year starting on January 1st, 2021. 4004, repectively for 2021 and 2020. 1 Median Total Remuneration Package by classification, 2017 and 2021 Remuneration Policy to be appropriate in relation to the pay and employment conditions of Vestas’ non-executive employees. The economic impact of the pandemic means that remuneration committees need to ensure executive remuneration and incentive outcomes reflect the company and shareholders’ realities. Annual Basel III Pillar 3 remuneration disclosures under APRA APS 330 requirements. One-year Bonus STI regarding 2020 paid in 2021 Multi-year remunera tion LTI 2018-2020 paid in 2021 Expensed share-based remuneration LTI Dec 31, 2021 Expensed change (debt) re. 2. Current 2021 base remuneration plus 1. 5% increase in 2024 plus inflationary base wage market adjustment; and iv. COMPOSITION REMUNERATION PACKAGE The Remuneration Implementation Report provides details on how Remgro implemented its Remuneration Policy during the 2021 financial year. 5991 and 9. Placing the senior executive role at a point within the Determining the base remuneration point _____ 13 4. In 2021, the total remuneration for the chief executive officer (CEO Base remuneration levels 2021: 666450: 12/11/2020 11:12:48 AM: 12/11/2020 11:12:48 AM: 1 of 1 The new base remuneration levels (BRL) effective from 1 January 2021, are as 5 1 012 500 – 1 125 000 Job Grade 4 1 314 000 – 1 460 000 Base remuneration levels : STS_ListItem_DocumentLibrary: 3. 8 November 2021. 10 November 2020. Benchmark Executive remuneration is evaluated annually against relevant benchmarks such as Nordic general 4. CFO. bonus from the 2023 financial year, which can have an impact on the level of target achievement of the annual bonus with an increase/discount of up to 25% points. exelcomposites. Total bonus at target, Level 1 (CEO): 50% % of annual base salary Level 2: 45% Level 3: 30% Total bonus maximum, If EBIT 10% or more above target: % of annual base salary Level 1 (CEO): 70% Level 2: 60% Level 3: 40% Linear from target to max Bonus split at target Financial targets: 65% ESG Fixed remuneration: 94 annual base salary 3. 531 501 – 590 557. A lower proportion Find out government salary levels in South Africa. Base fee Supervisory Board Audit Committee fee Remuneration Committee and Nomination Committee fee Chair Deputy during the year 2020. . The second part describes the remuneration policy for the Supervisory Board and how it was implemented over 2021. Job Grade 15 - 17 . The Annual General Meeting endorsed the remuneration system on April 28, 2021, with a majority of 93. Each member of a Total Board Remuneration 2021 5. Base Salary 3 5. Benefits 9 Pillar 3 remuneration disclosures. 1 Levels of Retirement Contributions 8 6. Director’ Remuneration Policy – approved by shareholders in 2020 Extract from the 2020 Remuneration Committee report 112 Drax Group plc Annual report and accounts 2020 Base salary Practical operation Base salary reflects the role, the executive’s skills and experience, and market level. 4 While business confidence has reached its highest level since 2018, Deloitte forecasts private business investment will lag behind the national economic recovery in 2021, prior to an acceleration in 2022 and 2023. The remuneration levels and structure were compared against a peer group of twelve companies within the chemical industry headquartered in Europe. The remuneration level is determined by the Supervisory Board using a comparison with Dutch and international peer companies, as well as internal pay ratios across the Company. ASEN Remuneration Report 2021/22 Remuneration The new base remuneration levels (BRL) effective from 1 January 2018, are as follows: Professional, administrative & support staff Academic Job Grade Remuneration Level Job Grade Remuneration Level Job Grade 18 - 19 63 000 – 84 000 P9: Junior lecturer 349 785 – 466 380 Job Grade 15 - 17 88 500 – 118 000 P8: Lecturer 456 120 – 608 160 Outlook: Remuneration elements, parameters, target remuneration levels and caps for financial years from financial year 2021 onwards Component Parameters / measurement base, applicable amounts BASE SALARY Member of the Board of Management: — € that the remuneration levels are sufficient to attract, retain, motivate and reward directors and executives of the quality needed to manage the Group successfully. The salary will be discussed and agreed with the Chairman of the Board of Directors once a year in February, and take effect from 1 • The detail and level of base remuneration of its most senior employee’s i. Remuneration eport 1 Base salary: In 2021, EMT members received an average base salary increase of 7. 6. The review led to the decision to reduce the overall remuneration level for the newly ap-pointed CEO and the EC members as well as to amend the pay-2 Australian Public Service Remuneration Report 2021 v Foreword The Australian Public Service (APS) Remuneration Report 2021 presents a summary of remuneration paid to APS employees under the Public Service Act 1999 as at 31 December 2021. 8% for the whole of the APS. There were increases across almost all remuneration components and classifications. Horizontal and vertical benchmarking were first The 2021 data reveals that this has largely returned to normal level in the resources sector with 48. ; 3 Pension costs represent the cash out for defined benefit scheme (net of employee contributions), risk premium for a net pension plan and the unconditional indexation for pension benefits accrued actual performance exhibited at Company and individual level, during 2021. Agfa is committed to “pay for performance” MANAGEMENT REMUNERATION REPORT 2021 2 Remuneration Report 2021 This remuneration report (“Remuneration Report”) provides the overview of the total remuneration received matching the remuneration levels in comparable companies, considering, among others, the board Offshore, Webjørn Barstad, who has a bonus cap of 100 percent of base Base salary levels are determined considering the nature of the individual role, individual considerations, the market SVP Strategy and Business Development since 01. the individual Executive Board members in 2022” section on the revised remuneration (as you will note from our analysis of shareholders voting in this section), with the 2021 AGM season recording a high number of revolt from shareholders. There was no deviation from the remuneration policy in 2021. Cross-sections • Base Salary: fixed component paid in cash as a represent ation of complexity of position and strategic Variable remuneration earning opportunity and performance measures The President and CEO’s earning opportunity in short-term incentive plans 2020 and 2021 is 100% of the annual base salary. The remuneration level is a result of solid business results and individual performance by the executives. Terms of Reference: The Committee is to: develop a fair and equitable methodology to be used to set remuneration and benefit levels for directors and executives; review and assess the company’s performance upon which to base remuneration levels; Remuneration policy 2021 Novo Nordisk / 11 Stakeholder considerations Shareholder considerations Employee consideration At the Annual General Meeting in March 2019, the proposed amendments The executive remuneration package consists of base salary, a pension to the Remuneration Principles were supported by 99. 8 million, of which 70 percent was in the cent of annual base salary. A non-executive director’s remuneration consists of an annual fee of US$150,000 and a fee for committee membership (US$24,000) or chairmanship (US$100,000 for chairmanship of the Audit Committee and US$50,000 for other committees). AnnualIn terms of t Base he Salary, this is set on a market competitive leveltaking, into account the Bonus payouts start to accrue at a level of up to 20% of base salary for meeting threshold levels of performance and a maximum opportunity of 180% of base salary, with an on-target bonus opportunity of no more than 50% of the maximum opportunity. 2% for CEOs and 2. pdf), Text File (. The report has also been prepared in accordance with the fixed base fee of DKK 500,000 to DKK 510,000, the first change in the base fee since remuneration level for the current calendar year is approved at the Annual Annual Remuneration Report 2021 Page 2 Index 1. 1 presents a comparison of median Base Salary by classification in 2016 and 2020. 7% for non-SES employees and 4% for SES (see Appendix A. The new base remuneration levels (BRL) effective from 1 January 2020, are as follows: Professional, administrative & support staff Academic Job Grade Remuneration Level Job Grade Remuneration Level Job Grade 19 75 600 – 84 000 P9: Junior lecturer 442 035 – 491 150 Job Grade 15 - 17 108 900 – 121 000 P8: Lecturer 614 827 – 683 142 compensation for all employees. The local employee population of these countries is considered to be a suitable employee comparator group because: these are countries with a significant Shell employee base; a large proportion of senior managers come from these countries; and the REMCO considers remuneration levels in these countries when setting base salaries for Executive In accordance with the remuneration system, at the end of 2020 the Supervisory Board fixed the target overall remuneration (= total remuneration assuming assessment of all variable remuneration components at 100%) for each individual Board member for the coming financial year (= reporting year 2021). In 2021 the Company started its journey towards the 2021-2023 – Remuneration levels are in line with competitive market practices 1. In the sections below, I reflect on another eventful year, during which remuneration levels have not been updated since the merger between Royal Ahold and Delhaize Group in 2016 (except for a reduction of the base fees for the Chair and Vice Chair positions in 2019) and we seek to No shares were granted in 2021. NOTICE OF THE ANNUAL GENERAL MEETING FOR THE YEAR ENDED 30 JUNE 2021 13 REMUNERATION POLICIES FOR EXECUTIVE DIRECTORS, EXECUTIVE MANAGERS AND EMPLOYEES – 7% of base salary as a cash payment in lieu of pension contribution for the portion above the relevant cap; or – 7% of base salary as a cash payment in lieu of pension contribution. 1 trillion for savers and institutions, such as pension schemes and insurance companies, in the UK and beyond. (2) Stepped down at the Annual General Meeting on 8 April 2021 and thus did not receive any annual fee in 2021. (The information here was audited). actual performance exhibited at Company and individual level, during 2021. In finalising its remuneration decisions for 2021, the REMCO considered a range of factors, including: In order to bring the total remuneration towards more market competitive level, it is proposed to increase the maximum long-term incentive opportunity level for the President and CEO, from maximum 100 % of base salary as of today to maximum 150 % of the base salary. Long-term incentive program In 2018, the Board approved the introduction of a long-term incentive program. To determine the market level, Policy which was approved by shareholders at the 2021 AGM. As a result, a 2021 review will evaluate the pay-mix Declaration on Executive Remuneration 2021 and the balance between base pay and variable pay for all levels of employees. Company performance despite headwinds Philips’ remuneration policy is designed to encourage its employees to deliver on the A typical remuneration package for ABN AMRO employees consists of an annual base salary, annual variable remuneration (if the relevant market practice so requires, mainly outside the Netherlands) and fringe benefits. • review and determine remuneration (base and additional salaries, allowances and Determination 25/2021 Base and Additional Salary for Members Determination 25/2021 will supersede and replace Determination 21/2020 which set the base and additional salary levels of members in accordance with the 2019 Certified Agreement (prior to Base remuneration levels 2019 - Free download as PDF File (. The median Base Salary increased across all classifications. Remuneration Policy for Executive Management Executive remuneration Composition The remuneration package consists of a base salary, a pension contribution, a short-term cash-based incentive, a long-term share-based incentive and other benefits. The current remuneration system for the members of the Executive Board of RWE AG has been in place since fiscal 2021. 6 Shareholdings by the Board 8 3. Payouts for performance levels in between these levels will typically be paid on a straight-line basis. In addition, the payment amount of remuneration paid to the board of management in the 2021 financial year 15 total remuneration for the 2021 financial year 20 remuneration awarded and due in accordance with section 162 (1), sentence 2, no. Job Grade 19 . 2 Job evaluation: A formal process used to objectively establish the relative worth and job level/grade of positions within the University, thereby creating a job-worth requirements and thus provide an insight into the 2021 remuneration as well as creating transparency of our overall remuneration practices for our executive team. 5 % increase in 2023, plus inflationary base wage market adjustment; iii. COMPOSITION REMUNERATION PACKAGE and it is proposed to increase the remuneration levels for the Supervisory Board as set out in the table below. 23% of the votes and contribution • Deciding on the proposed reward levels for 2021 – annual salary increase, STIP and LTIP metrics and Key Performance Indicators (KPIs) base fee (DKK 500,000 for 2021), while the Chair and Deputy Chair receive fixed multiples thereof. Actual levels, % of base salary at December January 1, 2021 and will remain effective until a new policy will be submitted to approved by the be used, analysing remuneration levels at different cross-sections of the reference group. There was a continued trend to repackage motor vehicle related allowances into 6. Increase the current 2021 Mayoral annual base remuneration, for the 2021 -2025 Mayoral term, as follows: i. The Commission’s prior recommendations and the President’s determinations for 2021/2022; The impact of COVID 19 on the economy of the country; and It was argued that CPI on which to base cost of living adjustments remains the most sensible the affordability of different levels of remuneration of public office bearers; (iii) current The remuneration levels are checked on a regular base against a market reference for companies similar in size and complexity. Pension & Base fee, Board committee fee, travel allowance and fee for ad hoc tasks In 2020, the remuneration level increased compared to that of 2019 as the base fee increased by 2. Job Grade 19 75 600 – 84 000 P9: Junior lecturer 456 180 – Job Grade Remuneration Level Job Grade Remuneration Level; Job Grade 15 - 17 108 900 – 121 000 P8: Lecturer 663 054 – Figure 2. Further, the group maintained a strong equity base throughout 2021. 19 %. Base salary levels are evaluated annually and In 2021, the remuneration of the CEO comprised base salary and benefits, short-term bonus plan, long-term share incentive plans, insurances and a supplementary pension. Executive Directors. This policy became effective January 1, 2022. cent of fixed annual base salary and is capped at target level. 6 7. Besides the in-depth assessment of target setting and assessing target achievements, special attention was paid to three topics: (1) further refining of the non-financial/strategic KPI target setting process, (2) benchmark of the Executive Board and Supervisory Board remuneration levels, and The Victorian Public Sector Mobility Payment. a. The variable remuneration is composed of a short-term variable bonus with annual targets (Variable Bonus) and a long-term variable bonus (LTP). 9% in line with general salary inflation since 2018 also leading to increases in the fees for the Chairmanship and Board committees by way of the applied multipliers. the Committee considers the overall level of any base pay increases being The Remuneration Policy 2021 was approved by the GNCC on February 19, 2021 and approved by the Board of Directors on February 24, 2021. It includes salary sacrifice amounts such as pre Determining the band using the Work Level Standards 11 3. The remuneration reviews and decisions for the Executive Board follow the same remuneration principles as applied for the wider employee group: • Total target remuneration is based on the role, indi-vidual experience, skills, and sustained performance level. 5% for CFOs. The Board of Directors, through the Remuneration and HR Com- The President and CEO’s total earned remuneration in 2021 was approximately EUR 2. 80 320 – 89 244; P9: Junior lecturer . CONTENTS South Africa: Table Mountain 34. 32 as of 30 September 2021. Base salary: In 2021, EMT members received an average base salary increase of 7. A 2. Short-term variable 94 The Remuneration Committee is pleased to present its 2021 Remuneration report. Optimise our supply When setting and reviewing remuneration levels, internal consistency is also considered. 3650° S, 21. 20 May 2021 . level Potential gain in Medical Subsidy Current monthly Medical subsidy Monthly Medical Subsidy in terms of proposal Potential revised monthly remuneration (before deductions) Potential gain due to pay progression (1. These are nominal figures, not adjusted for inflation. In 2021, the total remuneration for the chief executive officer (CEO The new base remuneration levels (BRL) effective from 1 January 2020, are as follows: Professional, administrative & support staff Academic Job Grade Remuneration Level Job Grade Remuneration Level Job Grade 19 75 600 – 84 000 P9: Junior lecturer 442 035 – 491 150 Job Grade 15 - 17 108 900 – 121 000 P8: Lecturer 614 827 – 683 142 The Remuneration Report 2021 has been prepared to meet the requirements of section 139b of the Danish Companies Act. 0014° E 25 REMUNERATION IMPLEMENTATION REPORT 26 Performance overview 27 Summary single figure remuneration 28 Guaranteed pay outcomes 29 Group STI outcomes 30 Group LTI outcomes 31 Single figure remuneration 41 Directors’ interest in Old Mutual Limited shares 42 Unvested shares table 51 Also considering the base salary adjustment, total remuneration expenses incurred in 2021 went up to € 5,830 million. 4 Board and committee fee levels in 2021 Total compensation year 2021 (NOK 1,000) Board of Directors and Audit Committee (AC) Title - Board Fees* as board members Title - Audit Committee (AC) Fees* as members of AC Additional Fees for the year 2020-2021 3 Scatec ASA - Remuneration Report 2021 3. 98% in favor). 2 UK Taxed Pension Allowance (TPA) 9 7. Summary of remuneration structure The elements of the remuneration policy in 2021 are described in the guidelines for remuneration of Executive Management and summarised below. Meet the needs of the consumer: In response to the challenging trading conditions and the Covid-19 pandemic, we executed fit-for-purpose, consumer-focused category, channel and customer strategies 2. At the 2021 AGM, the Remuneration Policy 2022 (RP 2022) was adopted (90. Overview of short-term incentive structure in 2021. Structure of Remuneration 3 4. 3 0. Creating the role description _____ 11 3. 2 1. The target level of the long-term incentive is set at 165% of the annual base salary for the CEO ABOUT VALUE CREATION GOVERNANCE FINANCIAL STATEMENTS NON-FINANCIAL SUMMARY GENERAL INFORMATION ASMI ANNUAL REPORT 2021 113 1. 4% ‘for’ in 2020 and 91. 3: Table 1b). e. In order to determine a competitive Base Salary level and to monitor total A typical remuneration package for ABN AMRO employees consists of an annual base salary, annual variable remuneration (if the relevant market practice so requires, mainly outside the Netherlands) and fringe benefits. 4 CHR. 8 2. The report has also been prepared in accordance with the fixed base fee of DKK 500,000 to DKK 510,000, the first change in the base fee since remuneration level for the current calendar year is approved at the Annual Guaranteed pay (or base pay) may be inclusive of any benefits that the individual employee may receive. Applying the discretionary remuneration range _____ 13 discretionary remuneration ranges (effective 1 July 2021) _____ 20 successfully guided remuneration at all levels of Valmet. Three months . Base Salary is an employee’s full-time equivalent annualised salary. APS 2 median movement was impacted by a large intake of new employees in one agency which lowered median remuneration for this classification. In 2021 the total remuneration paid to CEO Jari Rosendal amounted to EUR 1,537,148 including the base salary and benefits, defined contribution pension plan, short-term bonus relative to pre-pandemic levels, and has capitalised on at-home occasions through strengthened e-commerce and digital capabilities to fuel further growth. Remuneration Committee to defer the base salary increases for Messrs Abhijit Bhattacharya and Marnix van Ginneken from April 1 to July 1, 2021. Executive director remuneration Guaranteed pay – base pay and benefits 3 December 2021 SECTION 2: Remuneration policy The remuneration policy is approved by the Board and forms part of the overall remuneration philosophy. Annual remuneration disclosures as at 30 June 2020; 2019. 4. Long Term Incentive Performance Plan (LTIPP) 4 5. 5 percent recording a local commute as their work pattern. The Remuneration and HR Committee regularly reviews market Base salary: In 2021, EMT members received an average base salary increase of 7. Agreed Philosophy 2 3. Letter from the Chairman of the Nominations and Remuneration Committee 3 the level of support obtained in previous years (87. 1 Remuneration must strive for internal equity, which is free from unfair discrimination based on 2. Adjusted net operating free cash flow The cash flow from operating activities, corrected for the cash flow of the APM adjustments (see Note 2 to the Consolidated financial statements on Alternative performance measures The weighted median Base Salary increase from 2021 to 2022 was 1. 2. 3. txt) or read online for free. 2021/22 financial year and will be subject to review again for 202/23 in accordance with the relevant 2 legislation prevailing at that time. Remuneration Level . 69 as of 30 September 2020 and £1 = R20. 3 Remuneration and benefit costs are always in line with institutional affordability, which means that total remuneration and benefits costs of permanent and fixed term The Remuneration Report 2021 has been prepared to meet the requirements of section 139b of the Danish Companies Act. Applying the discretionary remuneration range _____ 13 discretionary remuneration ranges (effective 1 July 2021) _____ 20 The new base remuneration levels (BRL) effective from 1 January 2025, are as follows: Professional, administrative & support staff Academic . CEO. 4 Board and committee fee levels 2021 7 2. Explore our tools to help you get paid more! (1) Meeting fees include all meeting fees paid for the term that ended at the Annual General Meeting held on 8 April 2021 and meeting fees accrued and paid in 2021 for the term that began at the same meeting. Figure 3. or results achieved. The total remuneration granted and owed to the Board of Management members in fiscal year 2021 did not exceed the maximum remuneration envisaged by the remuneration system. Furthermore, despite journeys being 25% below pre-pandemic levels, There will be no changes in incentive opportunities for FY22 with the maximum annual bonus remaining at 150% of base salary and the PSP Table 3. This proposal takes into consideration that the remuneration levels for the Supervisory Board were last amended in 2021. ‘chief officers’, as defined by the relevant legislation. The proposed change to Annual Bonus has I am pleased to introduce our 2021 Remuneration report. Management Board members over 2021 and various other Management Board remuneration information. sector where remuneration levels can significantly exceed those seen in the UK. Movement in SES TRP was lower than movement in SES Base Salaries over the period. 2021 survey data reveals resource sector professionals have largely returned to pre-pandemic work patterns. there is no formal maximum level of company contribution Board on remuneration and benefits for directors and executive staff. 4 Board and committee fee levels in 2021 Total compensation year 2021 (NOK 1,000) Board of Directors and Audit Committee (AC) Title - Board Fees* as board members Title - Audit Committee (AC) Fees* as members of AC Additional Fees for the year 2020-2021 In 2021, the Remuneration Committee met five times. It noted that the overall remuneration outcomes were higher than in 2020, by 26% for the CEO and 24% for the CFO. 5% per annum) Potential gain in Housing Allowance Monthly gain (before deductions) % potential gain Monthly notch (incl. 7% (2019/2020 93. No comments were put forward by shareholders at the meeting. 700%. Non-executive directors’ fixed remuneration payable in respect of 2021 and 2020 is set out in the table below. 2021 * All remuneration to senior executives is paid in NOK and converted to USD using a yearly average USD/NOK-rate of 8. The Remuneration and Nomination Committee (the “Committee”) ensures that the remuneration Fixed Remuneration consists of Annual Base Salary and Board Fees. Base salary is determined based on the responsibility, complexity, expertise requirements and Chapter 2 of the APS remuneration report 2022 covers the key remuneration components - Base Salary, Total Remuneration Package (TRP), Total Reward (TR) and Chapter 3 of the Australian Public Service Remuneration Report 2021 deals with the report's findings around base salary. The once-off allowance was implemented by 15 September 2021, while the non-pensionable cash allowance for public service wage scales 2020/2021 was effective from 1 April 2021 The Remuneration Report 2020/21 was subject to an advisory vote at the November 2021 Annual General Meeting and was approved by 94. The highest median increase Base salary - The level shall be up to the median value for comparable companies and positions. Fixed remuneration review The remuneration of the CEO consists of fixed annual remuneration, such as base salary and fringe benefits and variable remuneration, such as short- and long-term incentives President and CEO 2021 STI 2021 results Weighting Measures Level of achievement 60% Group comparable EBIT Between threshold and target 20% Free Cash Flow At maximum 10% 2 Semperit Group I Remuneration report 2021 Remuneration report of Semperit AG Holding for 2021 customary levels of remuneration are taken into consideration when fixing the remuneration of the Executive Board. (75% in 2021) equalling 9. Collectively, they manage £9. 9 0. The total remuneration of the Board of Management in 2022 (and 2021) is outlined in the following table: Download spreadsheet investment managers with a UK base. While all classification levels have seen increases over the period, the pace of change continues to vary. – Base salaries are reviewed annually, with a maximum individual increase of 5% plus CPI per annum. The base salary of Mr Frans van Houten remained unchanged. The new base remuneration levels (BRL) effective from 1 January 2022, are as follows: Professional, administrative & support staff Academic - 1 of. 1, of the german stock corporation act 22 observance of remuneration caps 26 remuneration of former board of management members 27 2. ; 2 Other benefits include company costs related to tax and social security, pension allowances, company car and other compensation. Group level criteria and payments under the short-term incentive plans are presented in the table below. On behalf of the Remuneration Committee, I am pleased to present the Remuneration Report for the financial period ended 2 April 2021. Base salary and variable remuneration should rise in line with increasing responsibility. Different ranges apply to the various salary scales in each country, but we always position our remuneration levels Provides a level of base pay to reflect individual experience and role to attract and retain high calibre talent. and therefore the components and remuneration levels for different employees may differ in parts from the policy set out above. Search 300k+ salaries for different companies, job titles, career levels, and locations. Base salary and CEO pay-mix 2021 Base Salary STI LTI Share Matching 100% 28% 21% 23% 25% 43% 48% 6% Threshold and below Target Maximum CFO pay-mix 2021 Base Salary STI LTI Share Matching. Work experience and responsibility of the Executive Board members, as well as the Base salary The base salary consists of a 3) Long-term variable remuneration in the table above refer to accrued amount for a long-term bonus program for the period 2019–2021, which will be paid during 2022. 0%. Table 3: Total remuneration 2021 - Executive Personnel (TNOK) 1) The total actual remuneration is calculated as the sum of the base salary paid out in 202, the STI achieved for the current 1 successfully guided remuneration at all levels of Valmet. 2 Internal Equity and Parity 2. at longer-term levels of 2. 1 Purpose of the Long-Term Incentive Performance Plan 4 5. Super Group strives to provide its employees with a benefit offering that is competitive with the local or regional market offering for that level of employee at a cost-to-company level. higher levels of remuneration or a different remuneration package, for example to recognize a change in scope or responsibilities of 3. This reflects repackaging of remuneration components in previous years. Different ranges apply to the various salary scales in each country, but we always position our remuneration levels • Align: At all levels, Base salary Executive Directors receive an annual salary and it is the ambition of the Board Directors’ Remuneration Policy In 2021, the Committee is intending to implement the Policy to provide the Group Chief Executive with a 1 £ 1. 1 shows percentage changes in median Base Salary by classification from 2020 to 2021. 3. If the pay policy needs to be amended during the current The fixed remuneration, which is not tied to performance, comprises the base remuneration plus ancillary benefits. • ensure that all remuneration costs are effectively managed within the framework of the financial success model contemplated in the NWU Strategy 2015-2025. The fixed salary may be adjusted annually. 5 The Reserve Bank expects GDP to reach its pre-pandemic forecast levels over the course of 2021, around 6 to 12 months earlier 3. BASE REMUNERATION LEVELS 2021 The new base remuneration levels (BRL) effective from 1 January 2021, are as follows: BASE REMUNERATION LEVELS 2022 The new base remuneration levels (BRL) effective from 1 January 2022, are as follows: The correction coefficients which apply to remuneration outside Brussels and Luxembourg with effect from 1 July 2021 in order to maintain equality of purchasing power, are provided in Pay protection measures for staff whose salaries are higher than the maximum salaries on the base/floor salary scales, with effect from 1 January 2021, showing annual gross The most recent base salary scales, the levels of post adjustment and pensionable remuneration, and recent trends in other components of staff costs are factored into the standard costs, Provide the formulas needed to calculate the base remuneration point and discretionary remuneration range for a senior executive role (or group of roles) based on the Statutory and Revised base salary scales for staff in the Professional and higher categories and staff in the Field Service category Read more Staff Regulations, Annex 1, para 3 Read more Table 3. A mobility payment equivalent to 1. 2 The policy provides for fair differentiation in the remuneration of individuals, based on acceptable determinants of remuneration. Job Grade . Figure 4. Fixed remuneration Base salary. It also outlines the considerations for the • incorporate the relevant levels for all capabilities from the Capability Framework including any Remuneration Policy (as approved in 2021) 1. • The remuneration level and relative weight of the requirements and thus provide an insight into the 2021 remuneration as well as creating transparency of our overall remuneration practices for our executive team. 1 MANAGEMENT BOARD REMUNERATION POLICY At the 2021 AGM, the Remuneration Policy 2022 (RP 2022) was adopted (90. 2 Execution of the Management Board Remuneration Policy in 2021. AnnualIn terms of t Base he Salary, this is set on a market competitive leveltaking, into account the CEO base salary To recruit and retain high-calibre Executive(s) providing base level remuneration at a competitive market rate. com. Annual remuneration disclosures as at 30 June 2021; 2020. 1 Base Salary by classification, 2019 and 2020. It will also look at the design of our The remuneration for 2021 was in line with the remuneration meetings with key shareholders to receive feedback on the level of reporting and expectations. US(1): – Supplemental Cash Balance pension plan, providing annual contribution of 38% of base salary, less 5% of total base salary We have pleasure in presenting Aspen's remuneration review for 2021 in which the Group's Remuneration Policy ("the Policy"), and the manner in which it was implemented in 2021, are set out. Target levels, % of base salary at December 31, 2021. The long-term incentive programme for 2022 (LTIP 2022) is share-based with a three-year The Australian Public Service (APS) Remuneration Report 2021 presents a summary of remuneration paid to APS employees under the Public Service Act 1999 as at 31 December 2021. 49% of this is for overseas • Investors analyse levels of remuneration on a case-by-case basis, acknowledging that there is no one- When setting and reviewing remuneration levels, internal consistency is also considered. A salary increase of 3% has been The base salaries for both members of the Board of Management were indexed in 2022 in line with the 2021 CLA increase of the wider workforce and as further laid-down in the remuneration policy. 500%. For The Remuneration Report 2021 was audited by KPMG AG and the individual remuneration level by the Supervi-sory Board and, where necessary, prepares suggestions mance-related remuneration consists of the base salary, the fringe benefits (pecuniary benefits, maily expenses the Committee’s activities in 2021, including Unilever’s business performance in 2021 and how it links to key remuneration outcomes for the year. Sandra Stash The appointment took effect on 15 June 2021 . Vestas uses the same methodology and approach for the review and benchmarking of remuneration levels for all positions with consideration of, among others, the impact and scope of the position. When setting and reviewing remuneration levels, internal consistency is also considered. This section describes the Directors’ Remuneration Policy (Policy) which, following shareholder approval at the 2020 Annual General Meeting (), came into effect from May 19, 2020, and will be effective until the 2023 AGM, unless a further policy is proposed by Shell plc (the Company) and approved by shareholders in the meantime. M Chapman's remuneration is reflected in SA Rands applying the average exchange rate of £1 = R20. 4) Pension cost for the CEO is based on a defined contribution basis and amounts to 40% of the base salary. I also reflect on the feedback we received on our new Directors’ Remuneration Policy, which was approved at the May 2021 AGM (referred to as the Remuneration Policy). By the end of the year, the equity ratio based on book Remuneration reference levels The total remuneration levels – base salary, benefits allowance, short-term incentive, and long-term annual increases in the base salary levels. The Remuneration and HR Committee regularly reviews market Remuneration Framework 2020 - 2021 NSW Public Service Executive Remuneration Management Framework Status Active calculating their base remuneration point and discretionary remuneration range. 7: The guaranteed remuneration of the CEO SA was adjusted to address lag to market including direct private healthcare competitors Remuneration Framework November 2021. 2% to increase the competitiveness of the compensation package and reduce the gap to relevant peers according to benchmark results, as per the Company’s Remuneration Guidelines and Policy. Base salary levels are evaluated annually and Remuneration Committee to defer the base salary increases for Messrs Abhijit Bhattacharya and Marnix van Ginneken from April 1 to July 1, 2021. For the purposes of comparison, the change in employee remuneration is calculated by 2021 remuneration outcomes 100% of base salary would be delivered in cash with the balance being deferred into GSK shares for three years. (the Committee) is responsible for setting overall remuneration policy and makes decisions about specific remuneration arrangements in the broader context of employee remuneration throughout the Group. A detailed and authoritative description of the system can be found in the invitation to the Annual General Meeting on April 28, 2021. Notes; Potential outcomes; and the REMCO considers remuneration levels in these countries when setting base salaries for Executive Directors. 25% of the top of each value range will be paid as Ordinary Time Earnings (OTE) on 1 July each year that recognises mobility principles, the constantly changing nature of the work in the modern public service, the commitment Victorian Public Sector employees show to support changing Table 1: Fee levels 2021 Board remuneration 2021 The table below includes the total remuneration of each board member in 2021. 1 Management Board Remuneration Policy. This reflects weighted median increases of 1. Over 2021, the former policy, RP 2018, still applied. 2 months’ base salary. Company performance despite headwinds Philips’ remuneration policy is designed to encourage its employees to deliver on the 2021 Remuneration Policy 2020 2021 2020 2021 Abstain Against Contentious for For 2020 2021 driven by their views on base salary increases for executive directors. Due to the base salary paid out for fiscal year 2021, the annual bonus granted for fiscal year 2021 and paid out at the beginning of fiscal year 2022, and the performance Increases ranged from 2. For The REMCO monitors the level and structure of remuneration for senior executives below Senior Management and makes recommendations if appropriate to ensure consistency and alignment with Shell’s remuneration objectives. In general, the target remuneration levels and schemes are at or ar ound the median market level, as far as the performance of the company can justify it. 3% at the APS 2 classification to 9. Reference Group. Base salary levels are evaluated annually and Table 1 – The CEO’s total remuneration 2021 (SEK 000s) Fixed remuneration Variable remuneration Name of the CEO Salary incl. 7 6. 5 I am pleased to introduce our 2021 Remuneration report. Base Salary Trends. Additional remuneration disclosures; 2021 policy implementation; Remuneration policy. A consistent build-up of remuneration from layer to layer supports talent development and a solid succession pipeline within the Company. Remuneration of Executive Management 3. All salary increases The Remuneration Report 2020/21 was subject to an advisory vote at the November 2021 Annual General Meeting and was approved by 94. As per 1 April 2021, the annual base salary for Olivier Rigaud (CEO) amounted to € 575,000 and that for Eddy van Rhede van der Kloot (CFO) amounted to € 415,000. The report provides APS agencies with data that informs their remuneration practices. The REMCO was satisfied that these single-figure outcomes represented a fair level of remuneration. vacation The total remuneration for 2021 for the Executive Personnel members is set out in Table 3. ohkk kmofx nrwis ozyub hmqmmb qmoorx caiw totoqu vompr xvol