Remuneration for the Supervisory Board
Total remuneration for the members of the Supervisory Board in 2023 amounted to € 0.5 million (2022: € 0.5 million).
Each member of the Supervisory Board receives an annual base fee of € 50,000; the Vice-Chair receives € 60,000 and the Chair receives € 70,000.
For membership of the Audit Committee an additional fee of € 10,000 applies and for the Chair € 15,000. Members of the Appointment and Governance Committee, Remuneration Committee, Science & Technology Committee, and Sustainability & Safety Committee receive an additional fee of € 7,000; the fee for the Chair of these committees amounts to € 9,000. In addition, members receive reimbursement of expenses.
Breakdown remuneration Supervisory Board | ||||
IAS 24.17 category | Short-term employee benefits* | Total | ||
Thousands of euros | Year | Base fee | Committee fee | |
Mathieu Vrijsen, Chair (Chair Appointment & Governance Committee / member Remuneration Committee / member Science and Technology Committee) | 2023 | 70 | 23 | 93 |
2022 | 70 | 23 | 93 | |
Ilona Haaijer, Vice-Chair since 18 May 2022 (Chair Remuneration Committee since 18 May 2022 / member Appointment and Governance Committee since 18 May 2022 / member Audit Committee until 18 May 2022 / member Science and Technology Committee) | 2023 | 60 | 23 | 83 |
2022 | 56 | 21 | 77 | |
Rudy Markham, until 18 May 2022 Vice-Chair (Chair Remuneration Committee / member Appointment and Governance Committee) | 2023 | |||
2022 | 23 | 6 | 29 | |
Liz Doherty (Chair Audit Committee / member Sustainability and Safety Committee) | 2023 | 50 | 22 | 72 |
2022 | 50 | 22 | 72 | |
William Lin (Chair Sustainability and Safety Committee / member Audit Committee) since 18 May 2022 | 2023 | 50 | 19 | 69 |
2022 | 31 | 12 | 43 | |
Dessi Temperley (member Audit Committee / member Sustainability and Safety Committee until 10 August 2023 / member Remuneration Committee and member Appointment and Governance Committee from 10 August 2023) | 2023 | 50 | 20 | 70 |
2022 | 50 | 17 | 67 | |
Steen Riisgaard (Chair Science and Technology Committee / member Remuneration Committee and member Appointment and Governance Committee until 10 August 2023 / member Sustainability and Safety Committee since 10 August 2023) | 2023 | 50 | 21 | 71 |
2022 | 50 | 23 | 73 | |
Total 2023 | 330 | 128 | 458 | |
Total 2022 | 330 | 124 | 454 |
- * Excluding expenses
Members of the Supervisory Board are entitled to neither variable remuneration nor shares in the company or any option rights relating thereto. The total remuneration for each (former) member of the Supervisory Board complies with the Remuneration Policy for the Supervisory Board, as it stays within the boundaries of this policy, and no deviations from this policy have been applied. Members of the Supervisory Board are paid by Corbion nv. They did not receive remuneration from a subsidiary or another company whose financials are consolidated by Corbion nv. Corbion does not grant loans, advances, or guarantees to members of the Supervisory Board.