Remuneration for the Supervisory Board
Supervisory Board members receive a fixed annual fee for their membership and one or more fixed committee fee(s). In addition, Supervisory Board members receive an attendance fee for any Supervisory
Board or committee meetings they attend outside their country of residence (€2,500 for continental meetings and €5,000 for intercontinental meetings). Travel expenses and facilities are borne by the company and reviewed by the Audit Committee.
Fixed base fee |
Audit Committee fee |
Remuneration Committee/ |
||||
|---|---|---|---|---|---|---|
Chair |
Deputy Chair |
Member |
Chair |
Member |
Chair |
Member |
€150,000 |
€93,000 |
€80,000 |
€25,000 |
€20,000 |
€20,000 |
€15,000 |
in € |
Remuneration |
Attendance fee |
Committee allowance fees |
Total remuneration |
||
|---|---|---|---|---|---|---|
Nils Smedegaard Andersen, Chair |
150,000 |
12,500 |
20,000 |
182,500 |
||
Byron Grote, Deputy Chair |
93,000 |
12,500 |
25,000 |
130,500 |
||
Pamela Kirby |
80,000 |
10,000 |
15,000 |
105,000 |
||
Dick Sluimers |
80,000 |
— |
20,000 |
100,000 |
||
Ester Baiget1 |
55,165 |
5,000 |
13,791 |
73,956 |
||
Patrick Thomas |
80,000 |
5,000 |
20,000 |
105,000 |
||
Hans Van Bylen1 |
55,165 |
5,000 |
10,343 |
70,508 |
||
Jolanda Poots-Bijl |
80,000 |
— |
20,000 |
100,000 |
||
Total 2022 |
673,330 |
50,000 |
144,135 |
867,465 |
||
Total 2021 |
612,670 |
7,500 |
130,866 |
751,036 |
||
|
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The table above provides insights into the fixed base fees and committee fees for the Supervisory Board members. Fees are benchmarked versus AEX companies and AkzoNobel’s European remuneration peer group.
Implementation of the Remuneration Policy for the Supervisory Board in 2022 resulted in the pay-out shown in the second table above. In accordance with the Code, members are not remunerated in shares. A five-year overview of the total remuneration of the Supervisory Board is presented below.
in € |
2018 |
2019 |
2020 |
2021 |
2022 |
||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nils Smedegaard Andersen, Chair2 |
111,373 |
162,500 |
157,500 |
172,500 |
182,500 |
||||||||||||||||
Anthony Burgmans3 |
53,215 |
— |
— |
— |
— |
||||||||||||||||
Peggy Bruzelius4 |
119,318 |
37,710 |
— |
— |
— |
||||||||||||||||
Byron Grote, Deputy Chair1 |
135,500 |
130,500 |
114,250 |
120,500 |
130,500 |
||||||||||||||||
Louis Hughes3 |
32,322 |
— |
— |
— |
— |
||||||||||||||||
Pamela Kirby |
92,500 |
92,500 |
87,500 |
95,000 |
105,000 |
||||||||||||||||
Dick Sluimers |
107,500 |
107,500 |
90,000 |
100,000 |
100,000 |
||||||||||||||||
Ben Verwaayen6 |
95,000 |
92,500 |
32,775 |
— |
— |
||||||||||||||||
Sue Clark7 |
87,995 |
92,500 |
87,500 |
29,492 |
— |
||||||||||||||||
Patrick Thomas |
90,659 |
97,500 |
92,500 |
102,500 |
105,000 |
||||||||||||||||
Michiel Jaski7 |
78,159 |
87,500 |
85,000 |
31,044 |
— |
||||||||||||||||
Jolanda Poots-Bijl5 |
— |
59,166 |
85,000 |
100,000 |
100,000 |
||||||||||||||||
Ester Baiget8 |
— |
— |
— |
— |
73,956 |
||||||||||||||||
Hans Van Bylen8 |
— |
— |
— |
— |
70,508 |
||||||||||||||||
Total remuneration |
1,003,541 |
959,876 |
832,025 |
751,036 |
867,465 |
||||||||||||||||
% change total remuneration |
5.24 |
(4.35) |
(13.32) |
(9.73) |
15.50 |
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