Remuneration Committee report continued
Annual Report on Remuneration continued How will the Remuneration Policy be implemented in the year ending 30 September 2026? Executive Directors’ base salaries
Increases were made to the base salaries of both Executive Directors for the year ended 30 September 2025. The table below details the Executive Directors’ salaries as at 30 September 2025 and salaries which are in force on 1 October 2025, with the next review of salaries taking place during the year ending 30 September 2026, in line with the wider workforce.
Base salary at 30 September
Base salary at 1 October 2025
2025 £000 575 342
£000 % change
575 375
0%
Chief Executive Officer – Mike Maddison
9.6%
Chief Financial Officer – Guy Ellis
Pension Pensions will remain aligned with the level for other colleagues.
Annual bonus The annual bonus maximum in 2025/26 will be 125% of salary for the Chief Executive Officer and 125% for the Chief Financial Officer, with 60% based on the achievement of Adjusted operating profit targets and 40% based on the achievement of strategic targets. These targets are commercially sensitive and will be disclosed in the next Annual Report. Awards will also be subject to the Committee’s assessment of the overall financial health of the business. In addition, to ensure that this bonus opportunity results in shareholder alignment and provides greater retention value, 35% of any bonus payment will be deferred into nominal cost share options over £50,000 for a period of two years. The bonus, nominal cost share options and associated dividend equivalents are also subject to malus and clawback provisions. Long Term Incentive Plan (LTIP) LTIP awards were granted in June 2024, and no further awards were made under the LTIP scheme for the year ended 30 September 2025, with the next round of LTIP awards expected to be made in December 2025/January 2026 during the financial year ending 30 September 2026, which will be for performance period 1 October 2025 to 30 September 2028. Non-Executive Directors’ fees In line with the current policy, Non-Executive Director fees are reviewed annually. The last increase to Non-Executive Director fees was applied on 1 June 2022. During the financial year ended 30 September 2025, a review was carried out of Non-Executive Directors’ fees and the decision was taken to increase them by 5%, effective 1 October 2024. Fees will be reviewed again in the financial year ending 30 September 2026:
FY26
FY25
£166,280 £54,000
Chair fee (excluding travel allowance of £8,200)
£162,225 £54,000
Non-Executive Director base fee (excluding travel allowance of £4,750)
Supplemental fees for additional responsibilities: SID
£10,000 £11,000 £11,000 £8,000 £11,000
£10,000 £11,000 £11,000 £8,000 £11,000
Audit Committee Chair
Remuneration Committee Chair Cyber Security Committee Chair
Designated NED for workforce engagement
NCC Group plc — Annual report and accounts for the year ended 30 September 2025 92
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