ING Direct 2002 Annual Report Download - page 85

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Annual Report 2002 ยท ING Group82
Corporate Governance
2002 LONG-TERM INCENTIVES (1)
SHORT-TERM
PERFORMANCE MARKET
BASE RELATED VALUE NUMBER OF PENSION
SALARY BONUS OPTIONS OPTIONS COSTS
MEMBERS OF THE EXECUTIVE BOARD
Ewald Kist 708 0 139 35,000 180
Michel Tilmant 1,090 0 139 35,000 262
Fred Hubbell 1,374 0 139 35,000 0
Hessel Lindenbergh 590 0 139 35,000 203
Cees Maas 590 0 139 35,000 224
Alexander Rinnooy Kan 590 0 139 35,000 229
4,942 0 834 210,000 1,098
(1)
As part of the long-term incentives the members of the Executive Board may also be granted a number of conditional
share awards in ING Group in 2003 out of a total pool of 50,000 ING shares made available for this purpose.
REMUNERATION OF THE INDIVIDUAL MEMBERS OF THE EXECUTIVE BOARD
amounts in thousands of euros
2001 LONG-TERM INCENTIVES
SHORT-TERM
PERFORMANCE MARKET
BASE RELATED VALUE NUMBER OF PENSION
SALARY BONUS OPTIONS OPTIONS COSTS
MEMBERS OF THE EXECUTIVE BOARD
Ewald Kist 708 94 238 35,000 182
Michel Tilmant 1,090 177 237 35,000 264
Fred Hubbell 1,453 192 238 35,000 0
Hessel Lindenbergh 590 78 238 35,000 208
Cees Maas 590 78 238 35,000 225
Alexander Rinnooy Kan 590 78 238 35,000 228
5,021 697 1,427 210,000 1,107
number of options 2002 2001
PROFIT SHARING AND BONUS
Long-term incentives 210,000 210,000
REMUNERATION OF THE EXECUTIVE BOARD
amounts in thousands of euros
2002 2001
PERIODIC REMUNERATION
Base salary 4,942 5,021
PROFIT SHARING AND BONUS
Short-term performance-related bonus 0697
REMUNERATION PAYABLE IN THE FUTURE
Pension costs (premiums paid) 1,098 1,107
6,040 6,825