Page 167 - Sigmaroc Annual-Report 2023

REMUNERATION AT A GLANCE
The key elements of executive directors’ remuneration packages and our approach to implementation in 2023 are summarised below:
167
2022
2023
Fixed pay
Salary (annual base)
• Chairman £375,000
• CEO £475,000
• CFO £375,000
• no change
Pension
• 10% of salary
• no change
Benefits
• includes private medical and car allowance
• no change
Annual bonus
Maximum opportunity
• 125% of salary
• no change
Performance measures
• 75% underlying EPS
• 25% corporate objectives
• Safety overrides entire bonus outcome
• Committee has absolute discretion to adjust bonus outcome
• no change
Share based incentives
Award level
• none
• no change
Performance measures
• n/a
• n/a
Shareholding guidelines
In employment
• 75% of salary
• no change
REMUNERATION OUTCOMES FOR 2023
Summary of incentive outcomes
Annual bonus
Weighting
% of maximum achieved
% of bonus achieved
Underlying EPS
75%
100%
Corporate objectives
25%
100%
Safety
Overarching
n/a
75% 25% n/a
Overall, bonuses of 125% of salary became payable to executive directors.