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ANNUAL REPORT
2016
Executive
management
Fixed Remuneration
2016
Performance
based
Remuneration
2016
Remunerations in the form
of shares 2016
655,308 KD 272,932 KD
269,148 KD
- Remunerations of the executive management by tranches:
* Remunerations in the form of shares are distributed to the eligible employees as per the company’s
approved policy over the next three years so as to distribute the first trimester on 01 /01/ 2018. and
second trimester on 01/ 012019/ and third trimester on 01 /01/ 2020.
BOD members
BOD Remuneration
KD
Committee
Remuneration KD Total Remuneration KD
185,000
0
185,000
Performance related remunerations:
- Performance related remunerations are associated with achieving predetermined goals for each of
the executive management and the Company.
- Performance related remunerations were laid down to motivate the executive management to
double up the efforts and achieve the required goals.
- Performance related remunerations are reviewed and determined annually
Remunerations in the form of shares:
- As per the remunerations and incentives system approved by the general assembly, remunerations
related to performance are offered to the executive management in the form of shares for specific
job grades.
Remunerations given to the Board of Directors and executive management:
- BOD Remunerations:
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