NCC Group plc Annual Report 2021

Additional information in respect of the single total figure of remuneration Annual bonus 2020/21 annual bonus (audited)

For the year ended 31 May 2021, the maximum potential bonus opportunity for Adam Palser was 100% of salary. For Tim Kowalski, the maximum potential bonus opportunity was also 100% of salary. For the year ended 31 May 2021, bonuses of 92% and 87% of base salary respectively were payable. The actual bonus awarded to Adam Palser was £413,876 and to Tim Kowalski was £247,071 based on the achievement of the performance conditions set out below. 35% of each payment will be deferred into nominal cost share options for two years, with the remaining 65% paid in cash. The performance measures and targets are set out below. Financial targets – up to 60% of the bonus Performance targets Adam Palser Tim Kowalski

Threshold

£11.5m

Weighting (% of salary)

6%

6%

30 November 2020 Adjusted operating profit less a proforma amortisation charge in respect of certain cloud-based software arrangements * 31 May 2021 Adjusted operating profit less a proforma amortisation charge in respect of certain cloud-based software arrangements *

Maximum

£12.5m

Weighting (% of salary)

30%

30%

Actual

£17.0m

Payout (% of salary)

30%

30%

Threshold

£16.0m

Weighting (% of salary)

6%

6%

Maximum

£19.0m

Weighting (% of salary)

30%

30%

Actual

£19.2m

Payout (% of salary)

30%

30%

Weighting (% of salary)

40%

40%

Strategic targets

The strategic targets were set individually for the Executive Directors based on key strategic objectives for the year in their area of responsibility – see below

Payout (% of salary)

32%

27%

Payout (% of salary)

92%

87%

Total bonus

£413,876

£247,071

Amount paid in cash

£269,019

£160,596

Amount deferred in shares

£144,857

£86,475

* The Directors consider that Adjusted operating profit less a proforma amortisation charge in respect of certain cloud-based software arrangements is comparable to Adjusted operating profit previously reported. See Strategic Report for further details and a reconciliation between Adjusted operating profit of £39.2m and Adjusted operating profit less a proforma amortisation charge in respect of certain cloud-based software arrangements of £36.2m.

NCC Group plc — Annual report and accounts for the year ended 31 May 2021

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