Governance structure
A BIP trust will be introduced for the administration of share grants under the executive share-based compensation plan. A BIP trust will also be introduced for directors.
| Item | Details |
|---|---|
| Committee | Compensation committee (percentage of outside members: not disclosed) |
| Changes this time | A BIP trust will be introduced for the administration of share grants under the executive share-based compensation plan. A BIP trust will also be introduced for directors. |
Items this document does not state (6)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To facilitate and improve the efficiency of the administrative operations of the share-based compensation plan, and to ensure its stable and reliable operation.