8 Remuneration

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Remuneration of the management board in 2009
(€ 000) Salary Bonus payments Pension charges Social security Charges Total 2009
G.H.W. Groener 361 140 70 7 578
J.G. Haars 359 140 72 5 576
F.Y.M.M. Fontaine 248 100 75 85 508
  968 380 217 97 1.662

The members of the Management Board and Supervisory Board do not hold any Corio shares. As at 31 December 2009, the members of the Management Board and Supervisory Board did not hold any options on Corio shares either.

Phantom share plan

Under the ‘Performance Phantom Share Plan’, conditional share units are awarded annually. Three years after the award date, vested units are paid out in cash. The number of units that vest depends on the ‘total shareholder return’ generated by Corio N.V. during the three-year period, compared to the total shareholder returns generated by companies in a pre-defined peer group. The amount payable in respect of the vested units is the value of the units as at the payment date. More information on the phantom shares can be found on page 34 of this annual report.

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Remuneration of the management board in 2008      
(€ 000) Salary Bonus payments Pension charges Social security Charges Total 2008
G.H.W. Groener* 313 75 46 5 439
J.A. de Kreij** 200 450 650
J.G. Haars 350 70 5 425
F.Y.M.M. Fontaine 232 75 73 75 455
  1.095 600 189 85 1.969
* Mr Groener was appointed CEO on 1 May 2008. The associated salary is included from that date.
** Mr J.A. de Kreij retired on 1 May 2008. The bonus includes the bonus for 2007, the bonus for 2008 and a settlement for holidays not taken.
The members of the Management Board and Supervisory Board do not hold any Corio shares. As at 31 December 2008, the members of the Management Board and Supervisory Board did not hold any options on Corio shares either.

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Remuneration of the supervisory board*    
(€ 000) Remuneration 2009 Remuneration 2008
B. Vos 45 44
R.A.H. van der Meer 43 41
W. Borgdorff 32 30
D.C. Doijer 36 38
G.Beijer 29
J.D. Doets 8 33
  193 186
* Excluding VAT.

Source: Annual Report 2009, Chapter Finacial Statements, page 121 (PDF, 240 kB)

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