REMUNERATION AND OUTCOMES
F STRYDOM (CHIEF EXECUTIVE OFFICER)
In a challenging environment, Francois Strydom showed courageous
and influential leadership with an unwavering commitment to deliver
a set of results that focused on integration and creating a seamless
customer experience. Francois’s leadership encompasses the political,
commercial and social spheres of his role where his influence is greatly
respected.
Based on this performance, the committee agreed to award the following
remuneration:
CF KRUGER (CHIEF FINANCIAL OFFICER)
Corné Kruger has completed his tenth year as chief financial officer.
A solid performance delivered in a difficult environment, namely the
group’s results in 2020, reflects Corné’s work in effectively allocating
capital and risk appetite despite a difficult operating environment.
The committee considered this performance in view of both the quantity
and quality of the work done with regards to the group’s results.
2020 2019
Guaranteed remuneration 5 046 615 5 005 332
Retention remuneration 666 667 -
Total STI-payment 2 324 960 2 226 942
Total LTI-value vesting 4 209 570 3 269 696
Dividends received 1 134 835 862 172
2020 2019
Guaranteed remuneration 3 264 329 3 090 751
Retention remuneration 333 333 -
Total STI-payment 1 565 042 1 346 741
Total LTI-value vesting 2 036 246 1 414 150
Dividends received 656 840 482 715
REMUNERATION OF NON–EXECUTIVE DIRECTORS (COMPANY)
Non-executive directors’ remuneration for the year ended 30 April 2020 and 30 April 2019 was as follows:
2020 2019
Non-executive
Total directors’
remuneration
Remuneration
Travelling and
accommodation
expenses
Total directors’
remuneration
Remuneration
Travelling and
accommodation
expenses
SF Booysen 1 018 818 1 001 756 17 062 822 148 804 279 17 869
JB Botha 221 197 218 994 2 203 517 227 513 190 4 037
VJ Klein 368 082 356 956 11 126 - - -
AJ Kruger 951 535 939 113 12 422 905 182 516 359 13 631
NDP Liebenberg 966 459 957 905 8 554 922 829 647 067 6 914
JS Marais 505 943 490 980 14 963 - - -
JDM Minnaar 1 585 899 1 537 394 48 505 1 366 700 1 137 187 55 374
JJ Minnaar 659 849 648 411 11 438 624 155 448 355 10 391
SM Mohapi 499 696 484 883 14 813 473 013 460 029 12 984
JPN Stander 503 700 465 377 38 323 - - -
TF van Rooyen 628 760 625 148 3 612 600 748 422 484 6 637
WH van Zyl 742 792 731 748 11 044 704 775 527 321 11 908
AG Waller 119 072 119 072 - 396 722 396 722 -
Total 8 771 802 8 577 737 194 065 7 333 499 5 872 993 139 745
The non-executive directors’ fee proposals were evaluated by Remco and an annual increase of 5,5% was approved in respect of the chairman’s
fee, board fees and committee fees during August 2019.
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