GOVERNANCE → Corporate Governance Report CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT SUMMARY REMUNERATION TABLE FOR DIRECTORS FOR THE YEAR ENDED 31 DECEMBER 2021 (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 944,409 1,868,703 130,947 1,942,958 - - 4,887,017 Non-Executive Directors # Kwa Chong Seng - - - - 498,966 213,842 712,808 Kevin Kwok Khien (a) - - - - 24,670 10,573 35,243 Joseph Leong Weng Keong (b) - - - - 10,692 - 10,692 Lim Ah Doo - - - - 117,915 50,535 168,450 Lim Chin Hu - - - - 146,590 62,824 209,414 Lim Sim Seng - - - - 126,211 54,090 180,301 Ng Bee Bee (May) - - - - 93,861 40,226 134,087 LG Ong Su Kiat Melvyn (b) - - - - 10,692 - 10,692 Quek Gim Pew (b) (c) - - - - 11,953 - 11,953 Quek See Tiat - - - - 153,976 65,990 219,966 Song Su-Min - - - - 127,365 54,585 181,950 Tan Peng Yam (d) - - - - 45,337 19,430 64,767 Teo Ming Kian (e) - - - - 59,385 25,450 84,835 COL Cai Dexian (f) (Alternate to LG Ong Su Kiat Melvyn) - - - - - - - COL Xu Youfeng (g) (Alternate to LG Ong Su Kiat Melvyn) - - - - - - - Total for Non-Executive Directors - - - - 1,427,613 597,545 2,025,158 Payable by Subsidiaries Executive Directors Vincent Chong Sy Feng (h) - - - - 30,000 - 30,000 Non-Executive Directors Quek Gim Pew (b) (i) - - - - 5,799 - 5,799 Lim Chin Hu - - - - 20,000 - 20,000 Total for Non-Executive Directors - - - - 32,500 - 32,500 # Non-Executive Directors’ fees with reinstatement with effect from 1 July 2021. *1 Salary includes base salary (with reinstatement) and employer CPF for the financial year ended 31 December 2021. *2 Variable cash-based Incentives include Performance Target Bonus & 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 2021. *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) Pro-rated. Appointed as Director and member of AC on 1 October 2021 and appointed as member of RSC on 1 December 2021. (b) Fees for public sector directors are payable to a government agency, the DCAC. (c) Pro-rated. Retired as Director and Chairman and member of RD&T and RSC respectively on 1 August 2021. (d) Pro-rated. Appointed as Director on 1 August 2021 and appointed as Chairman of RD&T on 15 August 2021. Director’s fee is paid based on private sector NED remuneration fee structure. (e) Pro-rated. Appointed as Director on 1 August 2021 and appointed as member of ERCC, NC, RD&T and SFC on 15 August 2021. (f) Appointed as Alternate Director to LG Ong Su Kiat Melvyn on 1 October 2021. (g) Ceased as Alternate Director to LG Ong Su Kiat Melvyn on 1 October 2021. (h) Fees are payable to Singapore Technologies Engineering Ltd. (i) Pro-rated. Ceased as Chairman and Director of a subsidiary on 18 June 2021. 109 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT 68 ST ENGINEERING SUSTAINABILITY REPORT 2021 OVERVIEW OUR SUSTAINABILITY APPROACH ENVIRONMENTAL SOCIAL GOVERNANCE AWARDS INDEX
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