ANNUAL REPORT 2011 REGISTRATION DOCUMENT - Saft

4 Remuneration
CORPORATE GOVERNANCE
and shareholding of the Management and Supervisory Board members
Xavier Delacroix –
Member of the Management Board
88 / SAFT - ANNUAL REPORT 2011
2009 Financial Year 2010 Financial Year 2011 Financial Year
Amounts
due
Amounts
paid
Amounts
due
Amounts
paid
Amounts
due
Amounts
paid
Fixed remuneration €179,429 €179,429 €187,095 €187,095 €206,751 €206,751
Variable remuneration €39,502 €39,560 €74,845 €39,502 €79,072 €74,845
As a % of fi xed remuneration (1) 22% - 40% - 39% -
Maximum % authorised (1) 45% - 45% - 50% -
Exceptional remuneration None None None None None None
Attendance fees None None None None None None
Benefi ts in kind:
■ Company car €4,925 €4,925 €4,925 €4,925 €4,925 €4,925
■ Housing allowance €4,400 €4,400 None None None None
TOTAL €228,256 €228,314 €266,865 €231,522 €290,748 €286,521
Elizabeth Ledger –
Member of the Management Board
2009 Financial Year 2010 Financial Year 2011 Financial Year
Amounts
due
Amounts
paid
Amounts
due
Amounts
paid
Amounts
due
Amounts
paid
Fixed remuneration €129,786 €129,786 €132,828 €132,828 €137,126 €137,126
Variable remuneration €24,003 €26,911 €44,661 €24,003 €40,333 €44,661
As a % of fi xed remuneration (1) 18% - 34% - 29% -
Maximum % authorised (1) 37,5% - 37,5% - 37,5% -
Exceptional remuneration None None None None None None
Attendance fees None None None None None None
Benefi ts in kind:
■ Company car €3,767 €3,767 €3,767 €3,767 €4,066 €4,066
TOTAL €157,556 €160,464 €181,256 €160,598 €181,525 €185,853
(1) Variable pay measured as a percentage of its calculation basis, a fraction of fi xed remuneration.