Remuneration policy and remuneration report
The remuneration of the Managing Board is set by the Supervisory Board and regularly tested for conformity with the market. It consists of a fixed and a variable part. When the fixed salary, which is subject to annual indexation, is set, the size and growth of the company, together with other factors, are taken into account. The variable part equals at most 50% of the fixed part and is tied to the group result and ROCE, as well as to specifically defined annual targets.
These targets and the performance goals are set by the Supervisory Board each year. The Supervisory Board has discretionary powers to set the amount of the variable remuneration.
Click here for the remuneration report 2014/2015 (in Dutch).