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Disclosure on Remuneration
The following table shows the composition of the remuneration of Directors.
DIRECTORS
Fee
$
Salary
$
Bonuses1
$
Shares2
$
Benefits3
$
Total
$
Stephen Lee Ching Yen 350,000 – – – 10,006 360,006
Gautam Banerjee 205,000 – – – 835 205,835
William Fung Kwok Lun 165,000 – – – – 165,000
Hsieh Tsun-yan 170,000 – – – 1,130 171,130
Christina Ong 155,000 – – – 285 155,285
Helmut G W Panke 240,000 – – – – 240,000
Jackson Peter Tai 89,727 – – – 1,050 90,777
Lucien Wong Yuen Kuai 170,000 – – – 2,359 172,359
Goh Choon Phong4– 1,144,000 1,695,131 1,550,877 134,360 4,524,368
1 Includes EVA-based incentive plan (EBIP) payment, Profit-Sharing Bonus, cash component [50%] of the Base Strategic Incentive Plan (Base SIP) and 100%
of the Additional Strategic Incentive Plan (Additional SIP). The amount paid in the reporting year is a percentage of the individual’s EVA Bank. See above for
additional information on the EBIP, Base SIP and Additional SIP.
2 Based on the Fair Values of RSP ($9.40), PSP ($9.38) and DSA ($9.19; share component [50%] of the Base SIP) granted in FY2014/15.
3 Includes transport and travel benefits provided to Directors.
4 As Chief Executive Oicer, Mr Goh Choon Phong does not receive any Director’s fees.
There were no employees who were immediate family members of a Director or the CEO, and whose remuneration exceeded
$50,000, during FY2014/15.
Relevant Key4 Management Personnel
Fee
%
Salary
%
Bonuses1
%
Shares2
%
Benefits3
%
Total
%
Between $2,250,000 to $2,500,000
Ng Chin Hwee – 26 41 30 3 100
Between $2,000,000 to $2,250,000
Mak Swee Wah – 28 37 31 4 100
1 Includes EVA-based Incentive Plan (EBIP) payment, Profit-Sharing Bonus, cash component [50%] of the Base Strategic Incentive Plan (Base SIP) and 100%
of the Additional Strategic Incentive Plan (Additional SIP). The amount paid in the reporting year is a percentage of the individual’s EVA Bank. See above for
additional information on the EBIP, Base SIP and Additional SIP.
2 Based on the Fair Values of RSP ($9.40), PSP ($9.38) and DSA ($9.19; share component [50%] of the Base SIP) granted in FY2014/15.
3 Includes value of transport and travel benefits provided to employees.
4 The above table reflects the remuneration of the employees who hold the rank of Executive Vice President and above, who are the Relevant Key
Management Personnel of the Company.
For FY2014/15 the aggregate total remuneration paid to the Relevant Key Management Personnel (who are not Directors or the CEO)
amounted to $4,522,601.
For FY2014/15, there were no termination, retirement or post-employment benefits granted to Directors, the CEO and Relevant Key
Management Personnel other than the standard contractual notice period termination payment in lieu of service, and the post-
retirement travel benefits for the CEO and Relevant Key Management Personnel.
Singapore Airlines | Annual Report FY2014/15 | 69