Malayan Banking Bhd. · MYX:MAYBANK
Malayan Banking Bhd — Shareholder Meeting (June 2011)
12 slides from Malayan Banking Bhd's shareholder meeting presentation, Jun 13, 2011
Slide 1: Proposed Employees' Share Scheme of Maybank Group
Proposed Employees’ Share Scheme (“ESS”) of Maybank Group Extraordinary General Meeting Crowne Plaza Mutiara Hotel, Kuala Lumpur 13 June 2011
Slide 2: Contents
Contents 1 Resolutions Sought for Approval 2 Plan Components 3 Rationale for Employees’ Share Scheme 4 Key Highlights 5 Design Features 6 Long Term Incentive Plan Market Practice 7 Q&A 1
Slide 3: Resolutions Sought For Approval
Resolutions Sought For Approval ORDINARY RESOLUTION 1 ESTABLISHMENT OF AN EMPLOYEES’ SHARE SCHEME OF UP TO TEN PERCENT (10%) OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY AT ANY POINT IN TIME ORDINARY RESOLUTION 2 ALLOCATION OF OPTIONS AND/OR GRANT OF MAYBANK SHARES TO DATO’ SRI ABDUL WAHID
Slide 4: Plan Components
Plan Components Components of Employees’ Share Scheme (“ESS”) Employee Share Option Scheme (“ESOS”) Performance-Based Restricted Share Unit (“RSU”) Supplemental Restricted Share Unit (“SRSU”) 3
Slide 5: Rationale for ESS
Rationale for ESS Align the interests of the employees with the long-term objectives of Maybank Group to create sustainable value enhancement for shareholders. Retain, motivate as well as attract talents with a more competitive total compensation package. Reward and retain employees by giving
Slide 6: Key Highlights
Key Highlights Previous ESOS Proposed ESS Key Message Each vehicle serves z ESOS a different purpose Plan Type z ESOS z RSU Portfolio scheme in z SRSU line with market z Maybank share price z Maybank share price Stronger appreciation appreciation performance linkage Performance Metric z ROE z Indivi
Slide 7: Design Features
Design Features Employee Stock Option Performance –Based Plan Type Supplemental RSU Scheme (“ESOS”) Restricted Share Unit (RSU) Eligibility • All employees of Maybank & its • Senior Management (line of • Select Senior branches and subsidiaries in sight) Management, Select Malaysia key retentions and
Slide 8: Design Features
Design Features Employee Stock Option Performance –Based Plan Type Supplemental RSU Scheme (“ESOS”) Restricted Share Unit (RSU) Performance • Based on Individual • Final award contingent on the • Select Senior Metrics performance rating from 2nd following: Management & Key vesting onwards – Company
Slide 9: Long Term Incentive Plan - Market Practice for Banking Industry
Long Term Incentive Plan - Market Practice for Banking Industry Types of LTI Plan/Portfolio Bank Share Scheme SO RS ESPP SO RS SO Note: Management Equity SO = Share Option RS = Restricted SO Share ESPP = Employee RS Share Purchase/ Ownership Plan SAR RS = Stock SAR Appreciation
Slide 10: Questions from MSWG
Questions from MSWG On the proposed RSU, MSWG noted that there is an option for Q1. Maybank shares or cash consideration for the selected Senior Management. Could the Board kindly explain the rationale for the consideration to be paid by Maybank through the cash option instead of Maybank shares? It
Slide 11: Questions from MSWG
Questions from MSWG Q2. For RSU, the ESS Committee may during the proposed ESS make further RSU Grant (“Supplementary RSU Grant”) which is also extended to Senior Management, eligible employees and other selected parties. Could the Board explain the rationale for the above Proposed Supplementary RSU
Slide 12: Thank You
THANK YOU 11
Malayan Banking Berhad (Maybank) — Shareholder Meeting (June 2011) on 6ix