Singapore Airlines 2011 Annual Report Download - page 43

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ANNUAL REPORT 2010/2011 041
No employee of the Group who is an immediate family member of a Director was paid a remuneration that
exceeded $150,000 during the financial year ended 31 March 2011.
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
Senior Management % % % % % %
Between $500,000 to $750,000
Bey Soo Khiang4 - 77 7 - 16 100 22,000 PSP 100,000
20,000 RSP
Mak Swee Wah - 65 6 17 12 100 15,000 PSP 100,000
17,000 RSP
Ng Chin Hwee - 65 6 17 12 100 15,000 PSP 100,000
17,000 RSP
Below $250,000
Huang Cheng Eng4 - 36 7 50 7 100 - 13,000
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 Mr Bey Soo Khiang resigned on 1 March 2011 and Mr Huang Cheng Eng retired on 8 June 2010. Pursuant to the rules of the
SIA Share Plans, the PSP, RSP and time-based RSP granted to Mr Bey lapsed upon his resignation on 1 March 2011.
5 The above table reflects the remuneration of the employees who hold the rank of Executive Vice President and above, who are
the top key executives of the Company.