This policy sets out the criteria to be used in recommending the remuneration package of Directors and senior management of Press Metal Aluminium Holdings Berhad (the “Company”) and is in line with the best practice provisions of the Malaysian Code on Corporate Governance.
This policy is designed to:
3. Remuneration Components
Fixed Remuneration for Executive Directors and senior management
The bonus in the case of Executives Directors and senior management is designed to reward outstanding performance. The bonus is granted to the Executive Directors’ and senior management’s performance against annual measures and targets set at the start of the year as well as Group results. A discretionary assessment is made to ensure that all factors which include measurable and qualitative criteria are considered.
4. Remuneration Procedures
5. Periodic Review and Disclosure