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Remuneration Report


This remuneration report describes the remuneration policy of AkzoNobel – including amendments proposed by the Supervisory Board – and remuneration paid to individual members of the Board of Management in 2008.

The remuneration policy and the individual service contracts of the members of the Board of Management are determined by the Supervisory Board within the framework of the remuneration policy as adopted by the Annual General Meeting of shareholders in April 2005 and revised in April 2006 and April 2008.

The company’s remuneration policy, including all structures and policies related to the remuneration and employment contracts of the Board of Management, is in line with the Dutch Corporate Governance Code. In valuing its incentive plans, AkzoNobel is assisted by independent external advisors.

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