Senwes Annual Financial Statements 2022 | Page 66

SENWES ANNUAL FINANCIAL STATEMENTS 2022
Non-executive directors ’ remuneration ( company ):
Total directors ' remuneration
Remuneration from Agribel Holdings Ltd *
Total directors ' remuneration from Senwes company
Travelling and accommodation expenses
Remuneration from subsidiaries
Remuneration
Non-executive
Status
Date
from Senwes
SF Booysen
In Office
Full Year
983,557
-
983,557
978,082
5,475
-
VJ Klein
In Office
Full Year
685,517
-
473,067
470,226
2,841
212,450
AJ Kruger
In Office
Full Year
814,845
275,638
539,207
537,252
1,955
-
NDP Liebenberg
In Office
Full Year
1,057,402
394,011
663,391
660,817
2,574
-
JS Marais
In Office
Full Year
926,769
-
452,557
437,904
14,653
474,212
JDM Minnaar
In Office
Full Year
1,737,300
192,430
1,356,484
1,336,454
20,030
188,386
JJ Minnaar
In Office
Full Year
904,736
229,499
675,237
666,533
8,704
-
SM Mohapi
Resigned
26 / 08 / 2021
206,124
-
206,124
206,124
-
-
JPN Stander
In Office
Full Year
816,694
-
465,815
449,317
16,498
350,879
WH van Zyl
In Office
Full Year
688,406
185,731
502,675
499,021
3,654
-
AG Waller
In Office
Full Year
464,344
-
464,344
458,358
5,986
-
FE Marx
Resigned
26 / 08 / 2021
152,470
-
152,470
152,470
-
-
GL Malherbe
In Office
Full Year
637,972
188,428
449,544
444,986
4,558
-
JJ Viljoen
In Office
Full Year
626,715
181,729
444,986
444,986
-
-
Total
10,702,851
1,647,466
7,829,458
7,742,530
86,928
1,225,927
* Remuneration received from Agribel Holdings Ltd includes VAT where a director is registered for VAT . Agribel Holdings Ltd is not a registered VAT vendor .
2022
Executive directors ’ remuneration ( company ): 2022
Short-term incentive bonus
Travelling and accommodation expenses
Long-term
Executive
Remuneration
incentive *
F Strydom
6,757,628
7,726,075
4,384,549
57,852
CF Kruger
3,782,425
4,632,847
2,292,868
48,170
Total
10,540,053
12,358,922
6,677,417
106,022
* The long-term incentive has not vested as yet and is subject to vesting conditions . The total share-based payment expense recognised for the 2022 financial year relates to three tranches which will vest , depending on vesting conditions being met , on a yearly basis from June 2022 to June 2024 .
Equity-settled share-based payments ( company ):
Shares not vested *
Executive
2022
2021
Number
Number
F Strydom
1,629,071
1,544,461
CF Kruger
904,002
856,786
Total
2,533,073
2,401,247
* Included with the number of shares are grants which have not vested at year end . The total share-based payment expense recognised for the 2022 financial year amounted to R6,7 million ( 2021 : R4,6 million ) and relates to 3 tranches ( 2021 : 3 tranches ) which will vest , depending on vesting conditions being met , on a yearly basis from June 2022 to June 2024 .
Non-executive directors ’ remuneration ( company ):
Non-executive Status Date
Total directors ' remuneration
Remuneration from Agribel Holdings Ltd
Total directors ' remuneration from Senwes company
Remuneration from Senwes
Travelling and accommodation expenses
Remuneration from subsidiaries
SF Booysen
In Office
Full Year
962,896
-
962,896
960,485
2,411
-
VJ Klein
In Office
Full Year
587,325
-
431,637
429,084
2,553
155,688
AJ Kruger
In Office
Full Year
962,306
401,056
561,250
557,476
3,774
-
NDP Liebenberg
In Office
Full Year
981,559
280,685
700,874
698,594
2,280
-
JS Marais
In Office
Full Year
785,772
-
426,134
423,095
3,039
359,638
JDM Minnaar
In Office
Full Year
1,639,368
184,243
1,303,878
1,296,383
7,495
151,247
JJ Minnaar
In Office
Full Year
711,104
175,889
535,215
533,594
1,621
-
SM Mohapi
In Office
Full Year
498,322
-
498,322
496,661
1,661
-
JPN Stander
In Office
Full Year
711,551
-
441,629
434,123
7,506
269,922
TF van Rooyen
Resigned
27 / 08 / 2020
269,224
76,579
192,645
191,105
1,540
-
WH van Zyl
In Office
Full Year
702,606
177,520
525,086
519,778
5,308
-
AG Waller
In Office
Full Year
365,927
-
365,927
365,927
-
-
FE Marx
Appointed
11 / 10 / 2020
184,281
-
184,281
182,964
1,317
-
GL Malherbe
Appointed
12 / 10 / 2020
297,191
90,761
206,430
196,875
9,555
-
JJ Viljoen
Appointed
12 / 10 / 2020
284,959
87,792
197,167
196,875
292
-
Total
9,944,391
1,474,525
7,533,371
7,483,019
50,352
936,495
2021
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