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M&G PLC
Remuneration Information • Apr 12, 2022
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Remuneration Information
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National Storage Mechanism | Additional information 
RNS Number : 0866I
M&G PLC
12 April 2022
M&G Plc NEWS RELEASE
12 April 2022
M&G plc
Directors' Remuneration Report - Revised Award
In advance of its Annual General Meeting on 25 May 2022, M&G plc announces that it will not exercise its discretion in relation to the profit target applicable to the 2019 long term incentive award (the "Award") granted to Clare Bousfield, Managing Director, Retail & Savings. Notwithstanding Clare's valued contribution to the performance of the business, the Award will vest at 20% of maximum rather than the 41.3% set out in the Directors' Remuneration Report.
Clare Bousfield's single figure remuneration for 2021 is restated as follows:
| Year | Executive Director | Base Salary (£'000) |
Benefits (£'000) |
Pension (£'000) |
Total Fixed Remuneration (£'000) |
STI (£'000) |
LTIP (£'000) |
Other (£'000) |
Total Variable Remuneration (£'000) |
Total (£'000) |
| 2021 | Clare Bousfield (Restated) | 419 | 4 | 54 | 477 | 661 | 318 | 1 | 980 | 1,457 |
| 2021 | Clare Bousfield (Original Disclosure in the DRR) | 419 | 4 | 54 | 477 | 661 | 656 | 1 | 1,318 | 1,795 |
Shareholders will be asked to vote on the 2021 Directors' Remuneration Report on this basis.
ENDS
Enquiries:
| Media | Investors/Analysts | ||
| Richard Miles | +44 (0)7833 481923 | Luca Gagliardi | +44 (0)20 8162 7307 |
| Jonathan Miller | +44 (0)20 8162 1699 |
LEI: 254900TWUJUQ44TQJY84
Classification: 3.1 Additional regulated information required to be disclosed under the laws of a Member State
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