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96 Lenovo Group Limited 2014/15 Annual Report
COMPENSATION COMMITTEE REPORT
Performance Bonus
Chairman/CEO and senior management’s fiscal year 2014/15 performance bonus payouts were approved in the May
2015 Committee meeting. Final bonus payouts for Chairman/CEO and senior management were determined based
on overall pre-tax income, total revenue, smart phone revenue, enterprise revenue as well as individual performance.
Overall
PTI
Individual Performance
Total
Revenue
Smart Phone
Revenue
Enterprise
Revenue
Approved performance bonus payments for the fiscal year 2014/15 will be delivered in June 2015.
LTI Program
The most recent full cycle of LTI awards including both SARs and RSUs was made in June of 2014. Selected
executives, including the Chairman/CEO and senior management also received performance-based RSU awards
based on Lenovo’s pre-tax income during the most recent fiscal year. The next cycle of LTI awards including SARs
and RSUs is expected to be in June 2015.
Remuneration of Senior Management
The remuneration of senior management fell within the following bands for the year ended March 31, 2015:
Remuneration bands
Number of senior
management
US$3,194,626 to US$3,259,075 1
US$3,259,392 to US$3,323,841 1
US$3,786,739 to US$3,851,188 1
US$4,823,850 to US$4,888,299 1
US$5,478,250 to US$5,542,699 1
US$5,838,587 to US$5,903,036 1
US$10,311,711 to US$10,376,160 1