MNC Monitor 27 April 2017
Company Directors Report: 4 / 8

COMPANY:

Lonmin plc
 
-The primariy analysis is in USD. Remuneration is also shown in ZAR to accurately reflect felt increases.
 
CEO Biography - USD:
Financial Year Surname Name Gender Full Year on Board? Full year in position?
2007 Mills Brad Male YesYes
2008 Mills Brad Male YesYes
2009 Farmer Ian Male YesYes
2010 Farmer Ian Male YesYes
2011 Farmer Ian Male YesYes
2012 Farmer Ian Male YesYes
2013 Farmer Ian Male NoNo
2013 Scott Simon Male YesNo
2013 Magara Ben NoNo
2014 Magara Ben YesYes
2015 Magara Ben YesYes
 
 
CEO Remuneration - USD:
Financial Year Salary Benefits Cash Bonus Other Total Annual LTI Payment Total Including LTI
2007 $ 1 224 489.80 $ 780 404.08 $ 303 583.67 $ 485 414.29 $ 2 793 891.84 $ 0.00 $ 2 793 891.84
2008 $ 1 112 183.80 $ 585 220.80 $ 689 553.93 $ 0.00 $ 2 386 958.53 $ 1 002 519.59 $ 3 389 478.11
2009 $ 899 093.10 $ 372 118.97 $ 1 238 887.67 $ 0.00 $ 2 510 099.74 $ 253 378.35 $ 2 763 478.09
2010 $ 901 639.34 $ 614 786.89 $ 1 490 680.33 $ 0.00 $ 3 007 106.56 $ 50 831.15 $ 3 057 937.71
2011 $ 908 360.13 $ 565 979.10 $ 455 088.42 $ 32 998.39 $ 1 962 426.05 $ 31 893.89 $ 1 994 319.94
2012 $ 913 249.21 $ 559 315.46 $ 0.00 $ 0.00 $ 1 472 564.67 $ 0.00 $ 1 472 564.67
2013 $ 1 053 106.25 $ 338 565.63 $ 1 574 075.00 $ 562 496.88 $ 3 528 243.75 $ 0.00 $ 3 528 243.75
2014 $ 766 417.91 $ 171 205.64 $ 0.00 $ 199 003.32 $ 1 136 626.87 $ 0.00 $ 1 136 626.87
2015 $ 722 109.38 $ 183 762.50 $ 0.00 $ 0.00 $ 905 871.88 $ 0.00 $ 905 871.88
 
 
Executive Director Remuneration - USD:
Financial Year No. of EDs Total Salary Total Annual Remuneration Average Salary Average Remuneration
2007 3 $ 2 169 779.59 $ 4 385 285.72 $ 723 259.86 $ 1 461 761.91
2008 3 $ 2 491 787.18 $ 5 292 948.61 $ 830 595.73 $ 1 764 316.20
2009 2 $ 1 693 957.24 $ 4 670 045.10 $ 846 978.62 $ 2 335 022.55
2010 2 $ 1 700 983.61 $ 5 396 729.51 $ 850 491.80 $ 2 698 364.75
2011 3 $ 3 517 033.76 $ 7 257 024.12 $ 1 172 344.59 $ 2 419 008.04
2012 2 $ 1 447 963.72 $ 2 339 856.47 $ 723 981.86 $ 1 169 928.23
2013 3 $ 1 053 106.25 $ 3 528 243.75 $ 351 035.42 $ 1 176 081.25
2014 2 $ 1 321 393.03 $ 1 829 298.51 $ 660 696.52 $ 914 649.25
2015 3 $ 1 323 026.56 $ 1 737 623.44 $ 441 008.85 $ 579 207.81
 
 
Non-Executive Director Remuneration - USD:
Financial Year No. of NEDs Total Fees Average Fees
2007 8 $ 1 260 755.10 $ 157 594.39
2008 8 $ 1 331 292.87 $ 166 411.61
2009 9 $ 1 226 959.80 $ 136 328.87
2010 10 $ 1 214 863.93 $ 121 486.39
2011 9 $ 1 385 371.38 $ 153 930.15
2012 9 $ 1 437 988.96 $ 159 776.55
2013 8 $ 1 580 348.44 $ 197 543.55
2014 8 $ 1 142 079.60 $ 142 759.95
2015 6 $ 865 532.81 $ 144 255.47
 
 
CEO Remuneration - ZAR:
Financial Year Salary Benefits Cash Bonus Other Total Annual LTI Payment Total Including LTI
2007 R 8 571 428.57 R 5 462 828.57 R 2 125 085.71 R 3 397 900.00 R 19 557 242.86 R 0.00 R 19 557 242.86
2008 R 9 197 760.00 R 4 839 776.00 R 5 702 611.00 R 0.00 R 19 740 147.00 R 8 290 837.00 R 28 030 984.00
2009 R 7 716 017.00 R 3 193 525.00 R 10 632 134.00 R 0.00 R 21 541 676.00 R 2 174 493.00 R 23 716 169.00
2010 R 6 790 123.46 R 4 629 876.54 R 11 226 111.11 R 0.00 R 22 646 111.11 R 382 802.47 R 23 028 913.58
2011 R 6 277 777.78 R 3 911 544.44 R 3 145 166.67 R 228 055.56 R 13 562 544.44 R 220 422.22 R 13 782 966.67
2012 R 7 423 076.92 R 4 546 230.77 R 0.00 R 0.00 R 11 969 307.69 R 0.00 R 11 969 307.69
2013 R 9 767 942.03 R 3 140 318.84 R 14 600 115.94 R 5 217 362.32 R 32 725 739.13 R 0.00 R 32 725 739.13
2014 R 7 702 500.00 R 1 720 616.67 R 0.00 R 1 999 983.33 R 11 423 100.00 R 0.00 R 11 423 100.00
2015 R 9 243 000.00 R 2 352 160.00 R 0.00 R 0.00 R 11 595 160.00 R 0.00 R 11 595 160.00
 
 
Executive Director Remuneration - ZAR:
Financial Year No. of EDs Total Salary Total Annual Remuneration Average Salary Average Remuneration
2007 3 R 15 188 457.14 R 30 697 000.00 R 5 062 819.05 R 10 232 333.33
2008 3 R 20 607 080.00 R 43 772 685.00 R 6 869 026.67 R 14 590 895.00
2009 2 R 14 537 541.00 R 40 078 327.00 R 7 268 770.50 R 20 039 163.50
2010 2 R 12 809 876.54 R 40 642 037.04 R 6 404 938.27 R 20 321 018.52
2011 3 R 24 306 611.11 R 50 154 100.00 R 8 102 203.70 R 16 718 033.33
2012 2 R 11 769 346.15 R 19 018 833.33 R 5 884 673.08 R 9 509 416.67
2013 3 R 9 767 942.03 R 32 725 739.13 R 3 255 980.68 R 10 908 579.71
2014 2 R 13 280 000.00 R 18 384 450.00 R 6 640 000.00 R 9 192 225.00
2015 3 R 16 934 740.00 R 22 241 580.00 R 5 644 913.33 R 7 413 860.00
 
 
Non-Executive Director Remuneration - ZAR:
Financial Year No. of NEDs Total Fees Average Fees
2007 8 R 8 825 285.72 R 1 103 160.71
2008 8 R 11 009 792.00 R 1 376 224.00
2009 9 R 10 529 769.00 R 1 169 974.33
2010 10 R 9 148 975.31 R 914 897.53
2011 9 R 9 574 455.56 R 1 063 828.40
2012 9 R 11 688 269.23 R 1 298 696.58
2013 8 R 14 658 304.35 R 1 832 288.04
2014 8 R 11 592 150.00 R 1 449 018.75
2015 6 R 11 078 820.00 R 1 846 470.00