Experian 2008 Annual Report Download - page 58

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56 Experian Annual Report 2008
This bespoke comparator group consists of Experian’s main competitors in the business areas and countries in which the
Group operates. This part of the award will not vest if Experian’s TSR is below the median return for the comparator group.
Once Experian achieves median performance, 25% of this portion of the award may vest rising on a straight-line basis to 100%
of this part of the award vesting for upper quartile performance or better. This can be summarised as follows:
Performance conditions for future awards under the Experian Performance Share Plan will be decided in advance of grant.
Experian Share Option Plan
The Experian Share Option Plan was approved by GUS shareholders at the EGM on 29 August 2006. It is intended to
align shareholder and participant interests through share price growth. Options will vest subject to the satisfaction
of a stretching target which will be set prior to options being granted. No options will be granted to executive
directors under the plan until June 2009.
For each of the long term incentive plans, external consultants will be used to calculate whether, and the extent to
which, the performance conditions have been met.
Experian Sharesave
All executive directors and employees of Experian and any participating subsidiaries are eligible to participate in
Sharesave if they have been employed by Experian for a qualifying period. Sharesave provides an opportunity for
employees to save a regular monthly amount which at the end of the savings period may be used to purchase Experian
Group Limited shares under option at a discount of up to 20% on the market value.
Report on directors’ remuneration continued
Total Shareholder Return Performance Scale
Experian’s TSR ranking in the peer group
0
20
40
60
80
100
1st-6th 7th 8th 9th 10th 11th 12th - 21st
120
Percentage of TSR award vesting
100%
85%
70%
55%
40%
25%