Remuneration Information • Dec 30, 2012
Remuneration Information
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Amsterdam, 31 December 2012 – As a supplement to note 7 in TomTom's Annual Report 2011 we present a break-down by member of the Management Board for the IFRS expenses relating to the share options and performance shares granted.
The expenses have been determined based on IFRS 2 and do not represent the actual cash amounts payable to the Management Board during the year. This information supplements the information provided in our Annual Report 2011 and should always be read in conjunction with the relevant accounting policies and explanatory notes therein.
This information has no impact on the balance sheet, profit and loss accounts or the cash flow statements as included in our 2011 Annual Report.
Total expenses based on IFRS 2 relating to the share options and performance shares granted
| In € | 2011 | 2010 |
|---|---|---|
| Harold Goddijn | 308,871 | 342,474 |
| Marina Wyatt | 310,589 | 334,856 |
| Alain De Taeye | 308,743 | 343,339 |
The total expenses relating to the remuneration of the Management Board including the abovementioned IFRS 2 based calculations for share-based expenses are given in the table below.
| In € | 2011 | 2010 |
|---|---|---|
| Harold Goddijn | 683,871 | 770,474 |
| Marina Wyatt | 750,589 | 998,296 |
| Alain De Taeye | 731,234 | 958,189 |
Founded in 1991, TomTom (TOM2) is a leading provider of navigation and location-based products and services.
TomTom maps, traffic information and navigation technology power automotive in-dash systems, mobile devices, web based applications and government and business solutions.
TomTom also designs and manufactures its own location-based products including portable navigation devices and fleet management solutions, as well as GPS-enabled sports watches.
Headquartered in Amsterdam, TomTom has 3,500 employees worldwide and sells its products in over 40 countries.
For further information, please visit www.tomtom.com
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