Go down to page 12 of last years agm.
http://www.nido.com.au/IRM/Company/ShowPage.aspx/PDFs/1914-88495923/NoticeofMeetingProxyForm
Basically he gets awarded shares based on the performance of Nido compared to a selection of peers. If you want to know the peers look at the last agm presentation and page three "peer group comparisons" Hope that helps.
http://www.nido.com.au/IRM/Company/ShowPage.aspx/PDFs/2091-10000000/AGMPresentation22May2014
Ann: Appendix 3B , page-8
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