Paragraph 26 Future policy tableF1

In respect of each of the components described in the table there must be set out the following information

(a)

how that component supports the short and long-term strategic objectives of the company (or, where the company is a parent company, the group);

(b)

an explanation of how that component of the remuneration package operates F2...;

F3(ba)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(c)

the maximum that may be paid in respect of that component (which may be expressed in monetary terms, or otherwise);

(d)

where applicable, a description of the framework used to assess performance including—

(i)

a description of any performance measures which apply and, where more than one performance measure applies, an indication of the weighting of the performance measure or group of performance measures;

(ii)

details of any performance period; and

(iii)

the amount (which may be expressed in monetary terms or otherwise) that may be paid in respect of —

(aa)

the minimum level of performance that results in any payment under the policy, and

(bb)

any further levels of performance set in accordance with the policy;

(e)

an explanation as to whether there are any provisions for the recovery of sums paid or the withholding of the payment of any sum.

Annotations

Textual amendments

F1: Sch. 8 substituted (1.10.2013) by The Large and Medium-sized Companies and Groups (Accounts and Reports) (Amendment) Regulations 2013 (S.I. 2013/1981), regs. 1, 3, Sch. (with reg. 4)
F2: Words in Sch. 8 para. 26(b) omitted (11.5.2025) by virtue of The Companies (Directors' Remuneration and Audit) (Amendment) Regulations 2025 (S.I. 2025/439), regs. 1(2), 12(3)(j)(i)
F3: Sch. 8 para. 26(ba) omitted (11.5.2025) by virtue of The Companies (Directors' Remuneration and Audit) (Amendment) Regulations 2025 (S.I. 2025/439), regs. 1(2), 12(3)(j)(ii)

Notes on Schedule 8

Textual amendments

F2: Words in Sch. 8 heading omitted (11.5.2025 in relation to accounts and reports for a financial year of a company beginning on or after that date) by virtue of The Companies (Directors' Remuneration and Audit) (Amendment) Regulations 2025 (S.I. 2025/439), regs. 1(2), 2(3), 12(3)(a)