Didier Smits
Delhaize Group Annual Report 2014 63
2011 is (i) to the directors as compensation for
their positions as directors, an amount of up
to €80 000 per year per director, and (ii) to
the Chairman of the Board, an amount of up
to €160 000 per year. The above-mentioned
amounts are increased by an amount of up
to €10 000 per year for each member of any
standing committee of the Board (other than
the chair of the committee), and increased by
an amount of up to €15 000 per year for the
Chairman of any standing committee of the
Board. The Ordinary Shareholders' Meeting of
May 22, 2014 approved the increase, as from
May 22, 2014, of the amount paid per year
(i) by €40 000 to the Chairman of the Board,
(ii) by €5 000 to each member of the Audit
Finance Committee (other than the Chairman
of the Committee), and (iii) by €10 000 to the
Chairman of the Audit Finance Committee.
This results in the following maximum Director
Remuneration as of May 22, 2014:
Chairman of the Board: €200 000 per year
€80 000 per year per director
The above amounts are increased by an
amount of
1) up to €15 000 for each member of the
Audit Finance Committee (other than the
Chairman of the Committee);
2) up to €10 000 for each member of any
other standing committee of the Board
(other than the chair of the committee);
3) up to €25 000 for the Chairman of the
Audit Finance Committee;
4) up to €15 000 for the Chairman of any
other standing committee of the Board.
Non-Executive Directors do not receive
any remuneration, benefits, equity-linked
consideration or other incentives from the
Company other than their remuneration for
their service as Director of the Company. For
some non-Belgian Board members, the Com
pany pays a portion of the cost of preparing
the Belgian and U.S. tax returns for such
directors. Delhaize Group has not extended
credit, arranged for the extension of credit or
renewed an extension of credit in the form of
a personal loan to or for any member of the
Board.
Individual director remuneration for the fiscal
years 2014, 2013 and 2012 is presented in the
table on this page. All amounts presented are
gross amounts before deduction of withhold
ing tax.
Non-Executive Directors
2012
2013
2014
Count Jacobs de Hagen1"
€69 231
€0
€0
Mats Jansson121
€138 352
€170 000
€194 301
Claire Babrowski
€90 000
€90 000
€99 113
Shari Ballard131
€48 352
€86 071
€90 000
Jacques de Vaucleroy141
€90 000
€90 000
€99 113
Liz Doherty151
€0
€54 643
€93 038
Hugh Farrington161
€93 022
€95 000
€37 285
Jean-Pierre Hansen171
€86 044
€45 000
€0
Bill McEwan181
€86 044
€90 000
€93 038
Robert J. Murray191
€31 648
€0
€0
€80 000
€80 000
€80 000
Jack Stahl
€95 000
€95 000
€101 075
Luc Vansteenkiste1101
€90 000
€90 000
€99 113
Johnny Thijs11"
€0
€0
€54 677
Pierre-Olivier Beckers-Vieujant
€80 000
€80 000
€80 000
Total
€1 077 693
€1 065 714
€1 120 753
(1) Prorated: Count Jacobs de Hagen retired from the Board of Directors effective May 24, 2012.
(2) Prorated: Mr Jansson became Chairman effective May 24, 2012.
(3) Prorated: Mrs Ballard joined the Board of Directors effective May 24, 2012 and joined the Remuneration Nomination
("R&N") Committee (now the Remuneration Committee) effective May 23, 2013.
(4) Prorated: Mr de Vaucleroy became Chairman of the Governance and Nomination Committee effective May 22, 2014.
(5) Prorated: Mrs Doherty joined the Board of Directors and the Audit Committee (now the Audit and Finance Committee]
effective May 23, 2013.
(6) Prorated: Mr Farrington became chairman of the R&N Committee effective May 24, 2012. Mr Farrington decided not to
stand for a new renewal when his mandate expired at the Ordinary Shareholders' Meeting held on May 22, 2014.
(7) Prorated: Mr Hansen became member of the Audit Committee effective May 24, 2012 and resigned from the Board of
Directors effective June 30, 2013.
(8) Prorated: Mr McEwan became member of the R&N Committee effective May 26, 2012 and Chairman of the Remuner
ation Committee effective May 22, 2014.
(9) Prorated: Mr Murray retired from the Board of Directors effective May 24, 2012.
(10) Prorated: Mr Vansteenkiste became member of the Governance and Nomination Committee effective May 22, 2014.
(11) Prorated: Mr Thijs joined the Board of Directors and became member of the Remuneration Committee effective
May 22, 2014.
CAUTIONARY NOTE REGARDING FORWARD LOOKING STATEMENTS
Statements that are included or incorporated by reference in this Remuneration Report, other than statements of his
torical fact, which address activities, events and developments that Delhaize Group expects or anticipates will or may
occur in the future are "forward-looking statements" within the meaning of the U.S. federal securities laws that are sub
ject to risks and uncertainties. These forward-looking statements generally can be identified as statements that include
phrases such as "guidance," "outlook," "projected," "believe," "target," "predict," "estimate," "forecast," "strategy," "may,"
"goal," "expect," "anticipate," "intend," "plan," "foresee," "likely," "will," "should" or other similar words or phrases.
Although such statements are based on current information, actual outcomes and results may differ materially from
those projected depending upon a variety of factors. Delhaize Group disclaims any obligation to announce publicly
any revision to any of the forward-looking statements contained in this Remuneration Report.
