Non-Executive Directors

The remuneration of Non-Executive Directors is designed to attract and retain suitable Directors and is determined:

• Within an aggregate pool limit approved by shareholders.
• In accordance with competitive pressures in the marketplace.

Executive Directors

The Board aims to reward the Managing Director with a level and mix of remuneration commensurate with their position and responsibilities within the Company to:

• Recognise them for business unit and individual performance against targets set by reference to appropriate benchmarks and key performance indicators.
• Align their interests with those of shareholders.
• Link their reward with the strategic goals and performance of the Company.
• Ensure their total remuneration is competitive by market standards.