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Performance metric
Target
Actual
performance
Weighting
Executive
Directors
Short term incentive bonus
Financial target
Group core headline earnings per share
growth
greater/equal
to CPI + 10%
17%
80%
14 422 000
Non-financial targets
Varies across
the Group
Varies across
the Group
20% 3 606 000
Total
18 028 000
Long term incentive plan (2013
Forfeitable share scheme vested in 2016)
Retention
3 years
40% 5 497 200
Growth in core HEPS
25% +
(cumulative CPI
over 3 years)
= 42.15%
48.46%
50% 6 871 500
Shareholder returns
R10.82 market
price per share
R20.75 market
price per share
10% 1 375 300
Total
13 744 000
Outperformance bonus
Annual growth in the share price
R18.84 market
price per share
R15.70 market
price per share
0%
BLUE LABEL
INTEGRATED ANNUAL REPORT 2017
65
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