3.4.5Supervisory Board Remuneration in 2022
In accordance with the Supervisory Board Remuneration Policy, the remuneration paid out to the Supervisory Board in 2022 is as follows:
Remuneration of the Supervisory Board by member in thousands of EUR
Name of Supervisory Board Member, Position | Year | Fees | Committee fees | Other benefits1 | Total remuneration | Proportion of fixed and variable remuneration |
|---|---|---|---|---|---|---|
Roeland Baan, Chair | 2022 | 120 | 9 | 1 | 130 | 100% / 0% |
2021 | 120 | 9 | 1 | 130 | 100% / 0% | |
2020 | 108 | 11 | 1 | 119 | 100% / 0% | |
2019 | 75 | 16 | 1 | 92 | 100% / 0% | |
2018 | 54 | 12 | 1 | 66 | - | |
2017 | - | - | - | - | - | |
Bernard Bajolet, Vice-Chair | 2022 | 80 | 8 | 1 | 89 | 100% / 0% |
2021 | 75 | 8 | 1 | 84 | 100% / 0% | |
2020 | 75 | 8 | 1 | 84 | 100% / 0% | |
2019 | 75 | 8 | 1 | 84 | 100% / 0% | |
2018 | 54 | 6 | 1 | 60 | 100% / 0% | |
2017 | - | - | - | - | - | |
Ingelise Arntsen, Member2 | 2022 | 75 | 8 | 1 | 84 | 100% / 0% |
20213 | 55 | 6 | 0 | 61 | 100% / 0% | |
2020 | - | - | - | - | - | |
2019 | - | - | - | - | - | |
2018 | - | - | - | - | - | |
2017 | - | - | - | - | - | |
Sietze Hepkema, Member | 2022 | 75 | 16 | 1 | 92 | 100% / 0% |
2021 | 75 | 14 | 1 | 89 | 100% / 0% | |
2020 | 75 | 8 | 1 | 84 | 100% / 0% | |
2019 | 75 | 8 | 1 | 84 | 100% / 0% | |
2018 | 75 | 8 | 1 | 83 | 100% / 0% | |
2017 | 75 | 8 | 1 | 83 | 100% / 0% | |
Hilary Mercer, Member4 | 20223 | 55 | 13 | 0 | 69 | 100% / 0% |
2021 | - | - | - | - | 100% / 0% | |
2020 | - | - | - | - | 100% / 0% | |
2019 | - | - | - | - | 100% / 0% | |
2018 | - | - | - | - | 100% / 0% | |
2017 | - | - | - | - | 100% / 0% | |
Cheryl Richard, Member | 2022 | 75 | 9 | 1 | 85 | 100% / 0% |
2021 | 75 | 9 | 1 | 85 | 100% / 0% | |
2020 | 75 | 9 | 6 | 90 | 100% / 0% | |
2019 | 75 | 9 | 31 | 115 | 100% / 0% | |
2018 | 75 | 9 | 16 | 99 | 100% / 0% | |
2017 | 75 | 8 | 26 | 108 | 100% / 0% | |
Jaap van Wiechen, Member | 2022 | 75 | 12 | 1 | 88 | 100% / 0% |
20213 | 75 | 17 | 1 | 93 | 100% / 0% | |
2020 | 55 | 6 | 0 | 61 | 100% / 0% | |
2019 | - | - | - | - | - | |
2018 | - | - | - | - | - | |
2017 | - | - | - | - | - | |
Francis Gugen, Vice-Chair5 | 2022 | 22 | 3 | 0 | 24 | 100% / 0% |
2021 | 80 | 10 | 1 | 90 | 100% / 0% | |
2020 | 75 | 10 | 1 | 86 | 100% / 0% | |
2019 | 75 | 10 | 1 | 86 | 100% / 0% | |
2018 | 75 | 10 | 1 | 85 | 100% / 0% | |
2017 | 75 | 10 | 1 | 85 | 100% / 0% | |
Laurence Mulliez, former Member6 | 2022 | - | - | - | - | - |
2021 | 20 | 4 | 0 | 24 | 100% / 0% | |
2020 | 75 | 16 | 1 | 92 | 100% / 0% | |
2019 | 75 | 16 | 1 | 92 | 100% / 0% | |
2018 | 75 | 10 | 1 | 85 | 100% / 0% | |
2017 | 75 | 8 | 1 | 83 | 100% / 0% | |
Andy Brown, former Vice-Chair7 | 2022 | - | - | - | - | - |
20213 | - | - | - | - | 0% | |
2020 | 58 | 7 | 0 | 66 | 100% / 0% | |
2019 | - | - | - | - | - | |
2018 | - | - | - | - | - | |
2017 | - | - | - | - | - | |
Floris Deckers, former Chair8 | 2022 | - | - | - | - | - |
20219 | - | - | - | - | 0% | |
2020 | 32 | 5 | 0 | 37 | 100% / 0% | |
2019 | 120 | 17 | 1 | 138 | 100% / 0% | |
2018 | 107 | 17 | 1 | 124 | 100% / 0% | |
2017 | 75 | 17 | 1 | 92 | 100% / 0% | |
Thomas Ehret, former Vice-Chair8 | 2022 | - | - | - | - | - |
20219 | - | - | - | - | 0% |
- 1 Other benefits items for the supervisory board consist mainly of the lump sum for intercontinental travel at EUR 5,000 each and a yearly expense allowance of EUR 500
- 2 As per April 7, 2021
- 3 Remuneration based on months after appointment at the AGM
- 4 As per April 6, 2022
- 5 Until April 6, 2022
- 6 Until April 7, 2021
- 7 As per April 8, 2020, until December 31, 2020
- 8 Until April 8, 2020
- 9 Remuneration based on months prior to retirement at the AGM
In the table below, information on the annual change of remuneration of each individual Supervisory Board member is set out over the five most recent financial years.
Comparative table on the change of remuneration and company performance over the last five reported financial years in thousands of EUR
Annual Change1 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
Roeland Baan, Chair | - | 66 | 28% / 92 | 23% / 119 | 8% / 130 | 0% / 130 |
Bernard Bajolet, Vice-Chair | - | 60 | 28% / 84 | 0% / 84 | 0% / 84 | 6% / 89 |
Ingelise Arntsen, Member | - | - | - | - | 61 | 27% / 84 |
Sietze Hepkema, Member | 83 | 0% / 83 | 1% / 84 | 0% / 84 | 7% / 89 | 2% / 92 |
Hilary Mercer, Member | - | - | - | - | - | 69 |
Cheryl Richard, Member | 108 | (9%) / 99 | 14% / 115 | (28%) / 90 | (6%) / 85 | 0% / 85 |
Jaap van Wiechen, Member | - | - | - | 61 | 34% / 93 | (6%) / 88 |
Francis Gugen, former Vice-Chair | 85 | 0% / 85 | 1% / 86 | 0% / 86 | 5% / 90 | (270%) / 24 |
Laurence Mulliez, former Member | 83 | 2% / 85 | 7% / 92 | 0% / 92 | (275%) / 24 | - |
Floris Deckers, former Chair | 92 | 26% / 124 | 10% / 138 | (268%) / 37 | - | - |
Thomas Ehret, former Vice-Chair | 90 | 0% / 90 | 1% / 91 | (300%) / 23 | - | - |
Frans Cremers, former member | 137 | (251%) / 39 | - | - | - | - |
Lynda Armstrong, former member | 91 | (203%) / 30 | - | - | - | - |
- 1 For the comparative company performance and average employee expenses on a full-time equivalent basis we refer to the comparative of the Management Board table in section 3.4.3.
Annual change in percentage is calculated comparative to the amount of the current year.
None of the Supervisory Board members receives remuneration that is dependent on the financial performance of the Company, as per best practice 3.3. of the Corporate Governance Code.
With the exception of Sietze Hepkema, none of the Supervisory Board members have reported holding shares (or other financial instruments) in SBM Offshore N.V. His entire shareholding relates to the (share-based) remuneration he has received as a Management Board member in the past.
SBM Offshore does not provide loans, advances or guarantees (and/or securities) to the members of the Supervisory Board.