59 / 198
57
BLUE LABEL INTEGRATED ANNUAL REPORT 2016
Remuneration report
continued
The proposed fees payable to Non-Executive Directors are set out below:
Services as Directors
Current fee
Proposed fee
– Chairman of the Board (per annum)
R946 858
R1 008 404
– Board members (per meeting)
R43 353
R46 171
Audit, Risk and Compliance Committee
(per meeting)
– Chairman
R60 212
R64 126
– Member
R36 128
R38 476
Remuneration and Nomination Committee
(per meeting)
– Chairman
R48 170
R51 301
– Member
R28 903
R30 782
Investment Committee
(per meeting)
– Chairman
R36 128
R38 476
– Member
R21 677
R23 086
Transformation, Social and Ethics Committee
(per meeting)
– Chairman
R36 128
R38 476
– Member
R21 677
R23 086
Ad hoc Committee
(per meeting)
– Chairman
R36 128
R38 476
– Member
R21 677
R23 086
On behalf of the Remuneration Committee:
GD Harlow
Chairman
9 November 2016