Remuneration policy and philosophy

The group recognises that employees are critical in meeting business objectives and contributing to the sustainability of the business. The remuneration policy is aimed at ensuring that the group attracts, motivates and retains exceptional talent, drives a high-performance culture which is closely aligned with the groupís business objectives and strategy, and achieves the following objectives:

  • internal consistency to ensure that all employees are remunerated fairly in relation to one another and that this remuneration is reflective of their value and their performance;
  • external consistency through participation in industry remuneration surveys to ensure that employees are remunerated fairly in relation to the market; and
  • aligns employee interests with the board and shareholders through short- and long-term incentives, and focuses energy on attaining short-term goals which are not at the expense of long-term objectives and sustainability.
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