SENWES Integrated Report 2020 | Page 74

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. 72 ROOTED IN AGRICULTURE