Remuneration Committee report
As we have transformed and reinvested in our business during the 2025 reporting period, our remuneration policy has appropriately balanced the interests of all the Group’s stakeholders and ensured the continued delivery of strong outcomes to our shareholders.”
John Linwood Remuneration Committee Chair
Introduction On behalf of the Remuneration Committee, I am pleased to present the Directors’ remuneration report for the financial year ended 30 June 2025 (“FY25”). The report contains the Annual Report on Remuneration, setting out the remuneration paid to Directors during the year ended 30 June 2025 and the structure of remuneration for the year ended 30 June 2026. Following the Company’s progression from the AIM to the Main Market of the LSE during the year, the updated Directors’ Remuneration Policy is also included. The Policy sets out the framework within which Directors are paid and will be presented to shareholders for a binding shareholder vote at the Company’s AGM on 28 October 2025 along with my Annual Statement and the Annual Report on Remuneration for an advisory shareholder vote. With our move from AIM to the Main Market we have expanded our remuneration disclosures contained within the Annual Report on Remuneration.
Remuneration arrangements for the former Chief Executive
and the incoming CFO Our former Chief Executive, Andrew
Shepherd, stepped down from the Board on 1 October 2024 and retired from the Group on 30 June 2025. He received his contractual salary and benefits to the end of June 2025, and as a good leaver, service-based pro-rata unvested long-term incentive plan (“LTIP”) awards, in accordance with the Group’s remuneration policy. He did not receive an LTIP grant for FY25 and he was not awarded a bonus in respect of the year. The full details of Andrew’s pay and benefits, as well as the approved outturn of the 2022 LTIP, are provided later in this report. Katherine Jones our Group CFO joined the Group on 1 November 2024. Her salary on joining, at £375,000, is the same as her predecessor, Andrea Montague. In accordance with the Directors’ Remuneration Policy, she became eligible for a pro-rata FY25 bonus opportunity of 150% of salary, and received a performance-based LTIP
78 Brooks Macdonald Group plc Annual Report and Accounts 2025 78
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