Barclays 2014 Annual Report Download - page 100

98 I Barclays PLC Annual Report 2014 barclays.com/annualreport
Governance: Remuneration report
Annual report on Directors’ remuneration
Statement of voting at Annual General Meeting
At the last Annual General Meeting the voting results on the remuneration resolutions were as follows:
Resolutions to approve
For
% of
votes cast
Number
Against
% of
votes cast
Number
Withheld
Number
Reason for votes
against, if known
Action taken by
the Committee
Directors’ Remuneration Policy 93.21%
9,936,116,114
6.79%
723,914,712
154,598,278 N/A N/A
2013 Directors’ Remuneration Report
(other than the part containing the
Directors’ Remuneration Policy)
76.01%
7,126,653,596
23.99%
2,249,400,996
1,439,525,601 The main reason for 24% of votes cast
against was that the overall size of the
2013 incentive pool was not considered
reflective of the Group performance by
some shareholders. The Committee
values the comments of its
shareholders and took their feedback
into consideration when determining
the 2014 incentive pool. The Committee
is absolutely committed to aligning pay
and performance.
A fixed to variable remuneration ratio of
1:2 for ‘Remuneration Code Staff ’
96.02%
10,364,453,159
3.98%
429,517,557
21,212,841 N/A N/A