Annual Report on Remuneration
The Annual Report on Remuneration sets out:
The REMCO is not proposing any changes to the Policy this year. It is reproduced in full [A] in the section "Directors' Remuneration Policy" for ease of reference and to provide context to the decisions taken by the REMCO.
[A] The Non-executive Directors' letters of appointment table has been updated.
The base currency in the Directors' Remuneration Report is British pound sterling (GBP), which is the base salary currency for the Executive Directors. Where amounts are shown in other currencies, an average exchange rate for the relevant year is used, unless a specific date is stated, in which case the exchange rate for the specific date is used.
