Unilever 2015 Annual Report Download - page 73

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OMMITTEE MEMBERS AND ATTENDANE
ATTENDANE
Ann Fudge (har snce Aprl 2015) 6 / 6
Paul Walsh (har untl Aprl 2015) 3 / 3
Nls Andersen (Member snce Aprl 2015) 3 / 3
Vttoro olao (Member snce July 2015) 2 / 2
Mchael Treschow 6 / 6
Kees Storm (Member untl Aprl 2015) 3 / 3
Ths table shows the attendance of Drectors at ommttee meetngs
held n the year ended 31 December 2015 If Drectors are unable to
attend a meetng, they have the opportunty beforehand to dscuss any
agenda tems wth the ommttee har Attendance s expressed as the
number of meetngs attended out of the number elgble to be attended
HIHLIHTS OF 2015
• No changes have been made to the Remuneraton Polcy
durng the year The ommttee revewed the remuneraton
framework and concluded that t contnues to serve
Unlever well and people understand how t works
In reachng ths concluson, dfferent alternatves and
scenaros were revewed to assess whether they would
further enhance algnment and lnkage between
remuneraton and strategy Ths revew wll contnue
n 2016 n preparaton for renewal of the Remuneraton
Polcy n 2017
• Benchmarkng exercses for Unlever’s ‘Top 100’ executve
management populaton below Executve Drector level
show that Unlever contnues to be algned aganst market
pay rates
• In 2015 Unlever offered staff n over 100 countres the
opportunty to partcpate n the SHARES plan whch
enables staff who are not elgble for executve share
ncentves the opportunty to buy three Unlever shares
and get one Unlever share free
PRIORITIES FOR 2016
• Further revew and shapng of Unlever’s future reward
framework to ensure that t remans algned wth strategy
and long-term shareholder value creaton, wth a vew to
extendng, modfyng or replacng our Remuneraton Polcy
at the 2017 AMs
• Revew of the development of Unlever’s ‘Far ompensaton
Framework’ and algnment wth Lvng Wages
• Revew of progress n mplementng and enhancng
‘SHARES’ (Unlever’s global all-employee share
acquston plan)
• ommuncaton wth both shareholders and stakeholders
durng the year n advance of the 2017 renewal of Unlever’s
Remuneraton Polcy and the lobal Share Incentve Plan
FORMAT OF THE DIRETORS’ REMUNERATION REPORT
Our Drectors’ Remuneraton Report s splt nto the followng
sectons
• harman’s letter – page 67
• Remuneraton Prncples – page 68
• Annual Remuneraton Report – pages 69 to 83
REMUNERATION POLIY
Our Remuneraton Polcy, whch was adopted at the 2014 NV and
PL AMs, remans unchanged for 2016 and s avalable on our
webste Reward decsons taken for 2016 by the ompensaton
ommttee have been reflected n the supportng nformaton n
the Remuneraton Polcy table
wwwunlevercom/ara2015/downloads
66 Unilever Annual Report and Accounts 2015Governance
DIRETORS’ REMUNERATION REPORT