Abacus Property Group – Annual Financial Report 2018

DIRECTORS’ REPORT
30 June 2018
Table 9: Remuneration of Key Management Personnel
2018 Short-term benefits Post Long-term
Non-executive directors
Salary & fees
Current
variable
incentive
Nonmonetary
benefits
ABACUS PROPERTY GROUP
Securitybased
Total Performance
employment benefits payment related
Total cash
payments
and short
term
benefits Superannuation
Long
service
leave*
Security
acquisition
rights
(SARs)*
$ $ $ $ $ $ $ $ %
J Thame - Chairman 212,001 - - 212,001 20,049 - - 232,050 -
W Bartlett 126,495 - - 126,495 12,017 - - 138,512 -
M Irving ** 53,393 - - 53,393 5,072 - - 58,465 -
J Qian # 87,719 - - 87,719 8,333 - - 96,052 -
M Salkinder 115,068 - - 115,068 10,931 - - 125,999 -
P Spira 104,934 - - 104,934 9,968 - - 114,902
Sub-total non-executive directors 699,610 - - 699,610 66,370 - - 765,980
Executive Directors
S Sew ell - Managing Director ## 636,323 480,000 - 1,116,323 15,036 - - 1,131,359 42%
F Wolf - Managing Director ### 1,129,127 480,000 6,467 1,615,594 13,603 27,982 1,352,246 3,009,425 61%
Other key management personnel
R Baulderstone - Chief Financial Officer 485,000 300,000 - 785,000 25,000 10,390 152,579 972,969 47%
C Laird - Director Property Developments 485,000 250,000 6,467 741,467 25,000 9,640 178,215 954,322 45%
P Strain - Director Property Investments 485,000 250,000 6,467 741,467 25,000 10,550 159,085 936,102 44%
Sub-total executive KMP 3,220,450 1,760,000 19,401 4,999,851 103,639 58,562 1,842,125 7,004,177
Total 3,920,060 1,760,000 19,401 5,699,461 170,009 58,562 1,842,125 7,770,157
*Accrued but not presently entitled except F Wolf
** Retired on 14 November 2017
# Appointed on 26 September 2017
## Commenced on 3 October 2017 and appointed Managing Director on 18 April 2018
### Died on 18 April 2018 which resulted in the vesting of all entitlements to SARs
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