'The performance of executives is measured against...

'The performance of executives is measured against criteria
agreed half yearly which is based on the forecast growth of
the company’s profits and shareholders value. The policy is
designed to attract the highest calibre executives and reward them for performance which results in long-term growth in shareholder value.'

So the renumeration committee must base this every six months on negative company profits, 'successful' dilution, a constant falling shareprice and negative returns to shareholders. That would make sense with QMN when we see directors not purchasing shares in their own company.

Smile for the annual report photo team QMN!