Non-Executive Directors

The Non-Executive Directors receive fees from both NV and PLC. No other remuneration is given in respect of their Non-Executive duties from either NV or PLC, such as annual incentives, share-based incentives or pension benefits.

The level of their fees reflects their commitment and contribution to the companies. The Chairman’s levels were reviewed and increased with the appointment of Michael Treschow as Chairman in 2007.

Read the rest of the Summary remuneration report - Additional statutory and other disclosures