Notes to the Consolidated Financial Statements - Uni-Asia Finance ...

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Uni-Asia Finance Corporation Annual Report 2009
Corporate Governance Report
Principle 9:
Disclosure of
Remuneration
The remuneration of directors and key executives during FY2009 are as follows:
Executive Directors
S$250,001 to S$500,000
Breakdown of Remuneration in Percentage (%)
Salary Bonus Other
Benefits
Kazuhiko Yoshida Executive 43 – 57 – 100
Michio Tanamoto Executive 45 – 55 – 100
Non-Executive Directors
Below S$250,000:
Ang Miah Khiang Independent – – – 100 100
Ronnie Teo Heng Hock Independent – – – 100 100
Rajan Menon Independent – – – 100 100
Key Executives
S$250,001 to S$500,000
Kitaro Onishi 93 – 7 – 100
Masaki Fukumori 44 – 56 – 100
Masahiro Iwabuchi 98 – 2 – 100
Kenji Fukuyado 100 – – – 100
Clementine Ng 90 – 10 – 100
Mr Robert Van Jin Nien, Mr Rong-Jong Owng, Mr Paul Chang and Ms Makiko Sano did not receive any directors’
fees during FY2009 as they were nominee directors.
Except as disclosed in this report, no director has received or become entitled to receive a benefit by reason
of a contract made by the Company or a related corporation with the director or with a firm of which he is a
member or with a company in which he has a substantial financial interest.
There were no employees who are immediate family members of any director or the CEO and whose
remuneration exceed S$150,000 for the financial year ended 31 December 2009.
The Company has a share option scheme known as the Uni-Asia Share Option Scheme (the “Scheme”) which is
administered by the RC.
There were no options granted during the financial year to subscribe for unissued shares of the Company.
No shares have been issued during the financial year by virtue of the exercise of options to take up unissued
shares of the Company.
There were no unissued shares of the Company under option at the end of the financial year.
Fees
Total
Guideline 9.4:
Details of employee
share schemes
The Scheme will provide eligible participants with an opportunity to participate in the equity of the Company
as well as to motivate them to perform better through increased loyalty and dedication to the Company.
Executive, non-executive and independent directors and full-time employees of our Group are eligible to
participate in the Scheme. Directors who are controlling shareholders of the Company and their associates are
not eligible to participate in the Scheme.