The Board and the Nomination and Remuneration Committee comply with the Fortis Remuneration Policy as set forth in the Fortis Governance Statement, when making all proposals, recommendations and decisions relating to the remuneration of Board Members and the Executive Managers. The Remuneration Policy as applied in 2007 is detailed underneath, together with all factual information on remunerations 2007.
Definitions are as follows:
- Board members: non-executive and executive members of the Board of Directors. The CEO and the Deputy CEO are the only executive members.
- Executive Managers: the CEO, the Deputy CEO and other members of the Executive Committee.