Remuneration policy
The objective of the remuneration policy is to enable Corio to recruit directors for the Management Board with the necessary management skills, required background and experience in the property market. The policy should furthermore contribute to the company’s performance and profitable growth objectives, as well as motivate and retain members of the Management Board by offering a competitive package.
The Remuneration Committee discussed the implementation of the remuneration policy for each of the individual members of the Management Board with full responsibility at holding level at the beginning of the calendar year. Specific attention was given during the year to reassess the implementation of the policy for a member of the Management Board with main responsibility for a country. The proposals of the Remuneration Committee were approved by the Supervisory Board.
Source: Annual Report 2009, Chapter Overview & Strategy, page 32 (PDF, 13.679 kB)
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