- A zero Short Term Incentive (STI) award for the Managing Director and Chief Executive Officer.
- STI awards of 8% or less (of the potential maximum award) for the Finance Director and other Executive Managers.
- No increase in salary for the Managing Director and Chief Executive Officer, Finance Director and other Executive Managers when the Company conducts its annual pay review in October 2013.
- Long Term Incentive (LTI) grants, which are calculated over three consecutive years, are also impacted by the Company's performance. The 2009 LTI partially vested in November 2012, at 78%. The 2010 LTI, due to vest in November 2013, is expected to vest at a substantially lower value reflecting both a lower vesting percentage and the share price decline.
NEWCREST MINING LIMITED - Newcrest Financial Report Released
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