Strategic Report
Governance Report
Financial Statements
Company Financial Statements
All employee share plans Pay element and purpose
To provide greater alignment with shareholders and to promote Executive Director share ownership.
Operation
The Executive Directors may participate in any all-employee share plans approved by regulators and operated by the Group.
Performance measures
Aligned to the respective plan.
Opportunity
Participation will be capped by the HMRC limits applying to the respective plan.
Shareholding requirements Pay element and purpose
To provide alignment with shareholders’ interests and the long term sustainable performance of the Group.
Operation
During employment Executive Directors are required to build up and retain a shareholding equivalent to 200% of their base salary within five years of commencing in role. Post-employment Any Executive Director ceasing to be an Executive Director is required to retain the lower of the shares held on ceasing to be an Executive Director and shares to the value of 100% of salary for a period of two years. This requirement applies to shares acquired from incentives awarded following the approval of this Policy and not to shares acquired from awards granted before then or to shares acquired with the Executive Directors’ own funds. In exceptional circumstances the Committee may amend this requirement. To provide an appropriate fee level to attract and retain Non-Executive Directors and to appropriately recognise the responsibilities and time commitment of the role. Non-Executive Directors are paid a base fee and additional fees as are determined appropriate for additional roles such as for acting as Senior Independent Director and as Chair or member of Board Committees (or to reflect additional responsibilities and / or additional/unforeseen time commitments). Neither the Chair of the Board nor the Non-Executive Directors participate in any benefits, incentive or share plans. The fee for the Chair of the Board is set by the Committee, the Non-Executive Directors’ fees are set by the Board (excluding the Non-Executive Directors).
Non-Executive Directors Pay element and purpose
Operation
Normally fee increases will be in line with the increase in salaries for the rest of the workforce. The Company will reimburse any reasonable expenses incurred (and related tax if applicable).
Brooks Macdonald Group plc Annual Report and Accounts 2025
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