Air New Zealand 2016 Annual Report Download - page 64

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62
AIR NEW ZEAL AND ANNUAL FINANCIAL RESULTS 2016
Superannuation
The CEO is a member of Air New Zealand’s group superannuation scheme, KoruSaver. As a member of the scheme the CEO is eligible to
contribute and receive a matching Company contribution up to 4% of gross taxable earnings (including STI). For the 2016 financial year the
Company contribution was $120,400 (2015 financial year: $114,280).
Summary
The remuneration paid to the CEO is summarised below:
Remuneration Element 2015 Financial Year 2016 Financial Year
Base Salary $1,400,000 $1,470,000
Short-Term Incentive $1,540,000 $1,617,000
Long-Term Incentive* Performance rights valued at $770,000 Performance rights valued at $808,500
Restricted share rights valued at $700,000
Superannuation $114 , 2 8 0 $120,400
*Long-Term Incentives remain at risk.
Shareholder Statistics
Top Twenty Shareholders – 5 August 2016
Number of Ordinary Shares % of Ordinary Shares
Her Majesty the Queen in Right of New Zealand acting by and
through her Minister of Finance
582,854,593 51.91
JPMORGAN Chase Bank 76,610,888 6.82
HSBC Nominees (New Zealand) Limited 69,297,797 6.17
National Nominees New Zealand Limited 67,317,625 6.00
Citibank Nominees (New Zealand) Limited 54,394,017 4.84
HSBC Nominees (New Zealand) Limited 40,832,831 3.64
Accident Compensation Corporation 22,457,749 2.00
HSBC Custody Nominees (Australia) Limited 6,385,132 0.57
Citicorp Nominees Pty Limited (Australia) 6,193,184 0.55
Premier Nominees Limited 6,157,591 0.55
TEA Custodians Limited 5,439,315 0.48
Cogent Nominees Limited 4,770,375 0.42
Guardian Nominees No 2 Limited 4,698,535 0.42
BNP Paribas Nominees NZ Limited 4,697,395 0.42
Custodial Services Limited 3,986,215 0.36
BNP Paribas Nominees NZ Limited 3,969,518 0.35
FNZ Custodians Limited 3 , 911,4 61 0.35
New Zealand Depository Nominee Limited 3,233,829 0.29
Forsyth Barr Custodians Limited 2,901,620 0.26
New Zealand Superannuation Fund Nominees Limited 2,653,816 0.24
972,763,486 86.64
Employee Remuneration (continued)