Unilever 2013 Annual Report Download - page 76
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ANNUAL REMUNERATION REPORT
The followng sets out how Unlever’s remuneraton polcy was mplemented n 2013 and how t wll be mplemented n 2014
SINLE FIURE OF REMUNERATION AND IMPLEMENTATION OF THE REMUNERATION POLIY IN 2013 FOR EXEUTIVE
DIRETORS
The table below shows a sngle fgure of remuneraton for each of our Executve Drectors, for the years 2012 (restated) and 2013
(AUDITED)
Paul Polman
EO (UK)
(’000s)
Jean-Marc Hut
FO (UK)
(’000s)
2013 2012
(Restated)
2013 2012
(Restated)
Base salary (a) 1,189 1,169 841 860
Fxed allowances and other benefts (b) 700 640 594 465
Annual bonus (c) 1,864 2,406 879 1,295
SIP performance shares – (requred by UK law) (d) 3,849 3,503 2,665 2,453
ondtonal supplemental penson (e) 138 134 n/a n/a
Total remuneraton pad (EUR) – (requred by UK law) (a+b+c+d+e) 7,740 7,852 4,979 5,073
Share awards (requred by Dutch law) (f) 4,069 3,290 2,652 2,699
Total remuneraton pad (EUR) – (requred by Dutch law) (a+b+c+e+f) 7,960 7,639 4,966 5,319
Where relevant amounts for 2013 have been translated nto € usng the average exchange rate over 2013 1 = £08492 Amounts for
2012 have been translated nto usng the average exchange rate over 2012 1 = £08107
We do not grant our Executve Drectors any personal loans or guarantees
ELEMENTS OF SINLE FIURE REMUNERATION 2013
(a) BASE SALARY (AUDITED)
Salary set n sterlng and pad n 2013
• EO – £1,010,000
• FO – £714,000
(b) FIXED ALLOWANE AND OTHER BENEFITS (AUDITED)
For 2013 ths comprses
Paul Polman
EO (UK)
(£’000s)
Jean-Marc Hut
FO (UK)
(£’000s)
2013 2013
Fxed allowance 250,000 300,000
Medcal nsurance cover and actual tax return preparaton costs 64,383 34,193
Provson of death-n-servce benefts and admnstraton 17,675 12,495
Payment to protect aganst dfference between employee socal securty oblgatons n country
of resdence versus UK 262,075 –
Sum agreed on recrutment as rembursement for the loss and costs on the sale of hs house n the US –158,247
Total 594,133*504,935*
* The numbers n ths table are quoted n sterlng and have been translated nto euros for the Sngle fgure of remuneraton table above usng the average
exchange rate over 2013 of 1 = £08492
Ths does not nclude the Dutch crss tax charge, to whch Dutch-based companes lke Unlever NV are subect, of 16% on the porton
of employees’ 2013 salares exceedng 150,000 from current employment that s taxable n the Netherlands The tax charge for
Unlever NV wth respect to the EO s 176,125 (2012 112,394)
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Unlever Annual Report and Accounts 2013 overnance