Transcription of Executive Remuneration Clawback Policy - APA Group
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Executive Remuneration Clawback Policy - APA Group
APA Group February 2013 Executive Remuneration Clawback Policy Page 1 of 5 Executive Remuneration Clawback Policy APA Group February 2013 Executive Remuneration Clawback Policy Page 2 of 5 Contents 1 Purpose .. 3 2 Coverage / Scope.. 3 3 Guiding Principles .. 3 4 Policy Statement .. 3 5 Policy Review .. 5 6 Disclosure .. 5 7 Contact .. 5 APA Group February 2013 Executive Remuneration Clawback Policy Page 3 of 5 1 Purpose The Executive Clawback Policy aims to align the Remuneration outcomes of the Managing Director and Key Management Personnel ( KMP ) with the experiences of the Securityholders of APA Group and to provide the Board the ability to claw back incentives paid in relation to a material misstatement in Group financial statements. 2 Coverage / Scope. The Policy applies to the Managing Director and Chief Executive Office and his Direct Reports, collectively known as KMP s.
APA Group February 2013 Executive Remuneration Clawback Policy Page 3 of 5 1 Purpose The Executive Clawback Policy aims to align the remuneration outcomes of the Managing Director and Key Management Personnel (“KMP”) with the experiences of
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