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Directors’ Remuneration Report - Standard Chartered

corporate Remuneration Report 73 Dear Shareholder The Directors Remuneration Report (the DRR ) has been prepared by the Board Remuneration Committee (the Committee ) and approved by the Board as a whole. In line with previous years, this Report sets out: background information on the Committee s members, role and advisors; the Group s Remuneration policy for executive directors and other employees; an outline of the Remuneration arrangements for the Group Chairman, executive directors and non- executive directors; detailed information on the Group s share plans; tabular information on directors emoluments, pension arrangements and share awards; and tabular information on highest paid individuals. 2007 was a busy year for the Committee. As the Group continued to grow both organically and inorganically, the Committee conducted, at the beginning of the year, a full review of its effectiveness.

Corporate Governance www.standardchartered.com 75 Annual Performance Bonus Eligibility Criteria Executive directors (and most employees) are eligible to receive a

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