Singapore Airlines 2011 Annual Report Download - page 42

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CORPORATE GOVERNANCE REPORT
For the period 1 April 2010 to 31 March 2011
SINGAPORE AIRLINES
040
Disclosure on Remuneration
The following table shows the composition (in percentage terms) of the remuneration of Directors.
Performance
and Restricted Time-based
Shares Restricted
granted during Shares granted
Bonus the year2 during the year3
Fee Salary Fixed Variable1 Benefits Total Number Number
Directors % % % % % %
Above $250,000
Stephen Lee Ching Yen 94 - - - 6 100 - -
Below $250,000
William Fung Kwok Lun 100 - - - - 100 - -
Euleen Goh Yiu Kiang 100 - - - - 100 - -
David Michael Gonski 100 - - - - 100 - -
James Koh Cher Siang 100 - - - - 100 - -
Christina Ong 100 - - - - 100 - -
Helmut G W Panke 100 - - - - 100 - -
Lucien Wong Yuen Kuai 98 - - - 2 100 - -
Between $1,250,000 to $1,500,000
Chew Choon Seng4 - 69 7 17 7 100 48,000 PSP 60,000
36,000 RSP
Between $750,000 to $1,000,000
Goh Choon Phong4 - 65 3 26 6 100 15,000 PSP 100,000
17,000 RSP
1 Includes Economic Value Added (EVA)-based incentive plan (EBIP) payment and profit-sharing bonus. The amount paid in the
reporting year under EBIP is for the executive’s performance in respect of the financial year ended 31 March 2010 because
the performance rating was finalized and payment was made during the financial year ended 31 March 2011. See below for
additional information on the EBIP.
2 Shares awarded under the PSP and RSP are subject to performance targets and other terms and conditions being met under the
respective share plans.
3 Please refer to Note 5 of the Notes to Financial Statements on the details and terms of the time-based restricted shares.
4 As Chief Executive Officer, both Mr Chew Choon Seng and Mr Goh Choon Phong do not receive any Directors’ Fees. Mr Chew
retired and Mr Goh was appointed to replace him as Chief Executive Officer on 1 January 2011.