Enterprise Inns plc Annual Report and Accounts 2012

Directors’ Remuneration Report
The charts below provide estimates for the potential future remuneration for each of the executive directors based
on the remuneration policy for 2013. Potential outcomes based on different performance scenarios are provided for
each executive director. They show that the performance-related elements of the package comprise a very significant
portion of the executive directors’ total remuneration.
Ted Tuppen, Chief Executive
Simon Townsend, Chief Operating Officer
£000
2,500
2,000
1,500
1,000
8%
20%
8%
12%
19%
10%
3% 2%
1%
13%
26%
11%
16%
7%
£000
1,500
Matching shares
Performance shares
Deferred bonus
Cash bonus
1,250
Pension
Benefits
Basic salary
1,000
750
500
5%
19%
2%
8%
20%
8%
12%
10%
1%
13%
26%
11%
16%
7%
Matching
Performan
Deferred b
Cash bon
Pension
Benefits
Basic sala
500
78%
40%
26%
250
76%
40%
26%
0
Threshold On-target Maximum
0
Threshold On-target Maximum
Neil Smith, Chief Financial Officer
Annual Report 2012 Our Governance
4%
19%
77%
£000
1,500
1,250
1,000
750
500
250
0
4%
2%
19%
77%
8%
20%
8%
12%
10%
2%
20%
12%
10%
40%
Threshold On-target Maximum
The potential values presented in the charts above assume the following at each performance level:
40%
26%
• threshold – no vesting under the annual bonus plan or LTIP;
8%
8%
1%
Matching shares
Performance shares
Deferred bonus
Cash bonus
Pension
Benefits
Basic salary
• on-target – 50% payout under the annual bonus plan (of which a maximum of 60% is paid in cash and a minimum
of 40% is deferred into shares) and 50% vesting under the LTIP (assuming achievement of a TSR ranking at the
35th percentile of the comparator group); and
Threshold On-target Maximum
1%
13%
26%
11%
16%
7%
• maximum – 100% payout under the annual bonus plan and 100% vesting under the LTIP.
13%
26%
11%
16%
7%
26%
Matching shares
Performance shares
Deferred bonus
Cash bonus
Pension
Benefits
Basic salary
40