Galenica Sustainability and Business Performance
About Galenica
Market environment
Business performance
Governance
Sustainability
Outlook
Remuneration
Remuneration components
-
The remuneration components of the Corporate Executive
Committee (EC) consists of a fixed compensation, benefits and
a variable compensation.
The variable remuneration consists of a short-term incentive
(STI) and a long-term incentive (LTI).
At least one of the individual objectives in the STI refers to
ESG topics identified in the sustainability strategy of Galenica.
The full LTI and a portion of the STI (32%) is awarded in
Galenica shares.
STI
Per year
25%
individual
objectives
LTI
incl. ESG
50%
average
GEP
50% GEP
50%
TSR
08/08/22
NOPAT
Cost of
capital
Goal: continuously
increasing GEP
II
GEP GEP GEP
25%
annual net
sales
growth
Duration
3 years
Performance measurement: GEP and TSR
-
-
Galenica Economic Profit (GEP) is calculated as the Net
operating profit after tax (NOPAT) less the average cost of
capital (WACC) over the average invested capital.
Relative Total Shareholder Return (TSR) is measured as a
percentile ranking against a peer group of relevant companies.
The objective is to outperform half of the peer companies
(100% payout).
70
GALENICAView entire presentation