Remuneration Policy
General
The underlying principle of our remuneration policy is to attract and recruit the right people for the Board of Directors, who possess the required core competencies, professional backgrounds and skill sets in line with the global nature and identity of the company and its business.
Remuneration for Non-Executive Members of the Board of Directors
The remuneration scheme for the Chairman of the Board of Directors and the Non-Executive Directors of the Company as of 1 January 2013 is as follows:
| Status | Base Annual Remuneration | Remuneration per attended meeting in person | Remuneration per attended meeting by telephone |
|---|---|---|---|
| Director | EUR 95,000 | EUR 4,000 | EUR 1,000 |
| Vice Chairman of the Board of Directors | EUR 115,000 | EUR 4,000 | EUR 1,000 |
| Chairman of the Board of Directors | EUR 200,000 | EUR 4,000 | EUR 1,000 |
| Audit Committee Membership Fee | EUR 15,000 | EUR 4,000 | EUR 1,000 |
| Audit Committee Chairman Fee | EUR 25,000 | EUR 4,000 | EUR 1,000 |
| Treasury Committee Nomination and Compensation Committee Portfolio and Investment Committee Membership Fee | EUR 10,000 | EUR 4,000 | EUR 1,000 |
| Treasury Committee Nomination and Compensation Committee Portfolio and Investment Committee Chairman Fee | EUR 15,000 | EUR 4,000 | EUR 1,000 |
The package for the Chairman of the Board of Directors and the Non-Executive Directors of the Company also comprises participation in the Company's equity incentive plan as approved by the general meeting of shareholders on 31 October 2006 pursuant to article 2:135 of the Dutch Civil Code.
The remuneration of the Executive Director is in accordance with the relevant employment agreement.