The Sale Bonus Pool incentivizes employees to secure the highest possible sale value, which in turn maximizes the financial return for shareholders. "Determined by the value received by the shareholders" means that the bonus for employees is directly linked to the success of the sale, ensuring alignment of interests between the management team and the shareholders.
While the specific method of benefiting shareholders (e.g., dividends, buybacks) may be determined later, the primary goal is to ensure that shareholders receive a fair share of the proceeds.
According to the 2023 annual report, here's Sales Bonus Pool Allocation:
Sale Value of US$120m to US$350m:
5% of the sale value is allocated to the Sale Bonus Pool.
Sale Value of US$350m to US$550m:
US$17.5m plus 6.25% of the excess above US$350m goes to the Sale Bonus Pool.
Sale Value above US$550m:
US$30m plus 7.5% of the excess above US$550m is allocated to the Sale Bonus Pool.
The remaining proceeds, after the allocation to the Sale Bonus Pool, will benefit the shareholders.
The Sale Bonus Pool incentivizes employees to secure the highest...
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