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BRIEF-Shell brings changes to Directors remuneration policy
March 9, 2017 / 7:40 AM / 6 months ago

BRIEF-Shell brings changes to Directors remuneration policy

March 9 (Reuters) - Royal Dutch Shell Plc

* Changes have been made to the directors’ remuneration policy with effect from january 1 2017

* Changes are within the boundaries of the existing policy approved by shareholders at the 2014 agm

* Free cash flow replaces earnings per share (EPS) as a measure in the long-term incentive plan (LTIP) of directors

* New metrics for greenhouse gas (GHG) management will now form 10% of the annual bonus scorecard

* Bonus will be removed from the termination policy for executive directors appointed on or after january 1, 2017

* Subject to shareholder approval, deferred bonus plan will be removed, instead 50% of annual bonus will be delivered in cash, 50% in shares Source (go.shell.com/2n1RxjN) Further company coverage:

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