'EQUITY' November 2011 page 20To the AGL board - for achieving...

'EQUITY' November 2011 page 20

To the AGL board - for achieving
what no other company appears to have:
a n. e f f e c t i v e. c l a w b a c k
m e c h a n i s m. i n. i t s. r e m u n e r a t i o n
structure, and alignment between
company performance and executive
pay, thereby producing an effective
alignment between shareholder and
executive outcomes. And for good
measure, a further bouquet for being
refreshingly candid and clear on the
content and measurement of short
term incentives. ASA commends
the AGL board and urges all other
companies to do a great deal more
than just take note.