EasyJet 2011 Annual Report Download - page 55

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Introduction
This report sets out details of the remuneration policy
for Directors, describes its implementation and
discloses the amounts paid relating to the year ended
30 September 2011.
The report has been prepared in accordance with the
provisions of the Companies Act 2006 and Schedule
8 of the Large and Medium-sized Companies and
Groups (Accounts and Reports) Regulations 2008.
Those sections of the report that have been subject to
audit, in accordance with corporate governance
requirements, are identified below.
Included within the report, are the following areas:
–Membership and responsibilities of the Committee
–Remuneration policy
–Activities of the Committee
–Salary
–Bonus
–Achievement of bonus for 2011
–Long Term Incentive Plan
–Employee share plan participation
–Executive Director shareholding requirements
–Pension contributions
–External appointments
–Service contracts
–Non Executive Directors (NEDs)
–Total shareholder return
Tables and text summarising Directors’ emoluments
in 2011:
–Directors’ emoluments (audited)
–Directors’ interests
–Directors’ share awards (audited)
–Position against dilution limits
–Potential vesting of outstanding awards
Membership and responsibilities of the
Committee
The responsibilities of the Committee are disclosed in
the Corporate governance section on pages 47 and
48. The members of the Committee are: Keith Hamill
(Chairman), David Bennett, Sven Boinet (until
30 September 2011) and Professor Rigas Doganis.
The Company appointed and continues to use Hewitt
New Bridge Street (“HNBS”) as remuneration advisers.
HNBS provides no other services to the Company.
easyJet plc
Annual report
and accounts 2011
GovernanceCorporate responsibility
Business review Performance and risk
Overview Accounts & other information
53