Remuneration Report

Lewis Group strives to create a performance-oriented culture which fairly rewards staff for their contribution in achieving the group’s strategic, financial and operational objectives.

This remuneration report is presented in two parts: the first part of the report sets out the remuneration policy and governance and part two the implementation and remuneration reporting in line with best practice and good governance principles.

Part One

Remuneration philosophy

Remuneration principles

Remuneration governance

Non-binding advisory vote

Remuneration benchmarking

Remuneration structure

A. Executive directors

B. Senior management

C. Staff

D. Non-executive directors

Part Two

Implementation Report

Executive directors’ remuneration

Non-executive director’s fees (R’000s)

Directors’ Shareholding