Remuneration for the Supervisory Board

Total remuneration for the members of the Supervisory Board in 2024 amounted to € 0.6 million (2023: € 0.5 million). In accordance with the approved Remuneration Policy for Supervisory Board each member of the Supervisory Board receives an annual base fee of € 60,000; the Vice-Chair receives € 70,000, and the Chair receives € 85,000.

For membership of the Audit Committee, an additional fee of € 15,000 applies and for the Chair € 20,000. Members of the Appointment and Governance Committee, Remuneration Committee, Science & Technology Committee, and Sustainability & Safety Committee receive an additional fee of € 10,000; the fee for the Chair of these committees amounts to € 15,000. In 2024, an ad hoc committee (Corporate Development Committee) was in place and the members received € 10,000 and the Chair € 15,000. In addition, members receive reimbursement of expenses and a travel allowance for international travel.

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.

Breakdown remuneration Supervisory Board

IAS 24.17 category

Short-term
employee benefits1

Total

Thousands of euros

Year

Base fee

Committee fee

Mathieu Vrijsen, Chair (Chair Appointment & Governance Committee / Chair temporary Corporate Development Committee/ member Remuneration Committee / member Science and Technology Committee)

2024

85

50

135

2023

70

23

93

Ilona Haaijer, Vice-Chair (Chair Remuneration Committee / member temporary Corporate Development Committee/ member Appointment and Governance Committee / member Science and Technology Committee)

2024

70

45

115

2023

60

23

83

Liz Doherty (Chair Audit Committee / member temporary Corporate Development Committee/ member Sustainability and Safety Committee)

2024

60

40

100

2023

50

22

72

William Lin (Chair Sustainability and Safety Committee / member Audit Committee)

2024

60

30

90

2023

50

19

69

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)

2024

60

35

95

2023

50

20

70

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)

2024

60

25

85

2023

50

21

71

Total 2024

395

225

620

Total 2023

330

128

458

1 Excluding expenses