Firstrand Limited · JSE:FSR
Firstrand — Shareholder Meeting (December 2015)
4 slides from Firstrand's shareholder meeting presentation, Dec 1, 2015
Slide 1: FirstRand AGM
FirstRand AGM 1 December 2015
Slide 2: Executive remuneration delivers superior value creation
2 Executive remuneration delivers superior value creation Total return 7 year CAGR: 29.4% Share price 7 year CAGR: 24.3% Net Income After Cost of Capital 7 year CAGR: 19.9% Dividend Per Share 7 year CAGR: 14.3% Remuneration 7 year CAGR: 11.1%
Slide 3: Performance measures are quantitative and qualitative
3 Performance measures are quantitative and qualitative Core purpose Values and culture • ROE (% post tax) • Employee engagement • Net income after cost of capital (R million) • Innovations implemented • Normalised earnings (R million) • Alignment with FirstRand philosophy • BEE score (including emp
Slide 4: Long-term incentives underpin alignment of interests
4 Long-term incentives underpin alignment of interests 2012 conditional incentive plan (vested September 2015) 168 FirstRand performance 147 135 Vesting condition (nominal 121 123 GDP + 3%) 111 100 2012 2013 2014 2015 FirstRand Performance Vesting condition (Nominal GDP +3%)
FirstRand — Shareholder Meeting (December 2015) on 6ix