ST Engineering Sustainability Report 2020

CORPORATE GOVERNANCE SUMMARY REMUNERATION TABLE FOR DIRECTORS FOR THE YEAR ENDED 31 DECEMBER 2020 (GROUP): Payable by the Company Directors’ Total Fees *5 Executive Director Salary *1 $ Variable Cash- based Incentives *2 $ Benefits *3 $ Share- based Incentives *4 $ Cash- based $ Share- based $ Total Vincent Chong Sy Feng $961,577 $1,166,094 $130,015 $1,485,998 – – $3,743,684 Non-Executive Directors # Kwa Chong Seng (a) – – – – 489,857 209,938 699,795 Dr Beh Swan Gin (b)(c) – – – – 4,106 – 4,106 Joseph Leong Weng Keong (c) – – – – 10,497 – 10,497 Lim Ah Doo – – – – 113,459 48,625 162,084 Lim Chin Hu (d) – – – – 132,557 56,810 189,367 Lim Sim Seng – – – – 112,268 48,115 160,383 Ng Bee Bee (May) (e) – – – – 45,384 19,450 64,834 LG Ong Su Kiat Melvyn (c) – – – – 10,497 – 10,497 Quek Gim Pew (c) – – – – 20,994 – 20,994 Quek See Tiat – – – – 138,184 59,222 197,406 Song Su-Min – – – – 112,059 48,025 160,084 COL Xu Youfeng (Alternate to LG Ong Su Kiat Melvyn) – – – – – – – Total for Non-Executive Directors – – – – 1,189,862 490,185 1,680,047 Payable by Subsidiaries Executive Directors Vincent Chong Sy Feng (f) – – – – 30,000 – 30,000 Non-Executive Directors Quek Gim Pew (c) – – – – 12,500 – 12,500 Lim Chin Hu – – – – 20,000 – 20,000 Total for Non-Executive Directors – – – – 32,500 – 32,500 # Non-Executive Directors' fees after 10% reduction. The fees reduction took effect from 1 May 2020. *1 Salary includes base salary (after 20% reduction) and employer CPF for the financial year ended 31 December 2020. *2 Variable Cash-based Incentives include Performance Target Bonus & EVA-based incentive declared. For financial year ended 31 December 2020, there was no EVA based incentive declared. *3 Benefits provided for employees are comparable with local market practices. These include medical, dental, insurances, transport, etc. *4 Share-based incentives consist of PSP and RSP shares granted for financial year ended 31 December 2020. *5 The directors’ cash fees and share grants will only be paid/granted upon approval by the shareholders at the forthcoming AGM of the Group. (a) Resigned as Chairman of NC but remains as member on 1 June 2020. (b) Retired as Director at AGM and ceased as member of SFC on 15 May 2020. (c) Fees for public sector directors are payable to a government agency, the DCAC. (d) Appointed as Chairman of NC on 1 June 2020, member of SFC on 15 May 2020 and co-opted member of RSC on 5 August 2020 till 5 November 2020. (e) Pro-rated. Appointed as Director and member of NC on 1 June 2020. (f) Fees are payable to Singapore Technologies Engineering Ltd. / ST ENG I NEER I NG 116