Neiman Marcus 2013 Annual Report Download - page 63

Table of Contents
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We have adopted a Code of Ethics and Conduct, which is applicable to all our directors, officers and employees. We have also adopted a Code of
Ethics for Financial Professionals that applies to all professionals serving in a finance, accounting, treasury, tax or investor relations role throughout our
organization, including the Chief Executive Officer, the Chief Financial Officer and the Chief Accounting Officer. Both the Code of Ethics and Conduct and
the Code of Ethics for Financial Professionals may be accessed through our website at www.neimanmarcusgroup.com under the “Investor Information—
Corporate Governance—Governance Documents” section.
We have established a means for employees, customers, suppliers, or other interested parties to submit confidential and anonymous reports of
suspected or actual violations of the Code of Conduct relating, among other things, to:
• accounting practices, internal accounting controls, or auditing matters and procedures;
• theft or fraud of any amount;
• performance and execution of contracts;
• conflicts of interest;
• violations of securities and antitrust laws; and
• violations of the Foreign Corrupt Practices Act.
Any employee or other interested party may call 1-866-384-4277 toll-free to submit a report. This number is operational 24 hours a day, seven days
a week.
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In light of our status as a privately held company, Section 16(a) of the Securities Exchange Act of 1934, as amended, does not apply to our directors,
executive officers or significant owners of our equity securities.
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This Compensation Discussion and Analysis is designed to provide an understanding of our compensation philosophy, core principles and
arrangements that are applicable to the executive officers identified in the Summary Compensation Table (referred to as the named executive officers).
Compensation Philosophy and Objectives. We have been in business over a century and are one of the largest luxury, multi-branded, omni-channel
fashion retailers in the world. Our continued success depends on the skills of talented executives who are dedicated to achieving solid financial performance,
providing outstanding service to our customers and managing our assets wisely. Our compensation program, comprised of base salary, annual bonus, long-
term incentives and benefits, is designed to meet the following objectives:
• Recruit and retain executives who possess exceptional ability, experience and vision to sustain and promote our preeminence in the
marketplace.
• Motivate and reward the achievement of our short- and long-term goals and operating plans.
• Align the interests of our executives with the financial and strategic objectives of Parent's stockholders.
• Provide total compensation opportunities that meet the expectations of a highly skilled executive team, are aligned and consistent with our
underlying performance and are competitive with the compensation practices and levels offered by companies with whom we compete for
executive talent.
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