"Our incentive plans are competitive, performance based and link reward with business performance and shareholder returns relative to peer group companies."
What an arrogant address to shareholders by an overpaid, under-performing MD.
Incentive plans competitive = for the management you bet they are.
Board Performance = 36c share price
Shareholder returns = $0 and from his address no chance of getting one.
Plenty of "Strengthening balance sheet" = certainly not for the shareholders.
I do hope we got a 'No' on the remuneration so we can do it again next year and send this lot packing.
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- Ann: Chairman's Address to Shareholders
Ann: Chairman's Address to Shareholders, page-2
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