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CIMIC Group Limited Annual Report 2016 |
Remuneration Report
FEE LEVELS AND FEE POOL
Board and Committee fees for 2016
Name
Chair
1
(A$)
Member (A$)
Board
nil
185,000
Audit and Risk Committee
55,000
30,000
Ethics, Compliance and Sustainability Committee
40,000
20,000
Remuneration and Nomination Committee
40,000
20,000
Special Committees
2
3,850
3,850
1.
Mr Fernández Verdes receives no additional remuneration from the fee pool for his duties as Executive Chairman (or membership of any Committee).
Details of his remuneration for his role as CEO and Executive Chairman are set out in the ‘Remuneration – Executive Chairman’ section of this
Remuneration Report.
2.
This fee is payable to all Non-executive Directors for each day of service on a Special Committee.
The aggregate annual fees payable to the Non-executive Directors for their services as Directors are limited to the maximum annual
amount approved by shareholders in general meeting. The maximum annual amount is currently $4.5 million (including superannuation
contributions), as approved by shareholders at the 2013 AGM.
ALTERNATE DIRECTORS
CIMIC does not pay fees for Board membership to Alternate Directors. Financial arrangements for Alternate Directors are a private matter
between the Non-executive Director and the relevant Alternate Director.
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