59
ANNUAL CORPORATE GOVERNANCE REPORT
63.Contractual agreements include a clause that allows the company to claim repayment of the variable components of remuneration where
the payment has not been adjusted to the terms for performance or where they were paid in the light of data which is later proven to be
inaccurate.
Explain
The Company has not approved the application of “claw back” style clauses.
64.Payments for termination of contract do not exceed an amount established as the equivalent of two years total annual remuneration and
they are not paid until the company has been able to prove that the Director fulfilled the performance criteria set up beforehand.
Partially complies
There are no verification mechanisms for compliance with previously established performance criteria.
