The cornerstone of our remuneration policy is alignment of executive reward, business performance and the delivery of our strategic priorities.
At the 2016 AGM, shareholders endorsed our simplified remuneration framework with 98.8% of votes cast in favour of our new remuneration policy. Download our Remuneration Policy, which was contained in full in our 2015 Annual Report.
The annual report on remuneration, describing how the remuneration policy has been applied in practice for the year ended 31 December 2016, is provided on pages 91 to 107 of our 2016 Annual Report.
We work hard to ensure that our remuneration disclosures are accessible, clear and above all relevant to shareholders and so I am delighted to report that Berendsen won the 'Remuneration Report of the Year' award at the ICSA Awards 2016. We will continue to be transparent about how pay and performance is reported at Berendsen and how decisions made by the Committee continue to support the strategic direction of the business.
The annual report on remuneration, describing how the remuneration policy has been applied in practice for the year ended 31 December 2016, is provided on pages 91 to 107 of our Annual Report 2016. You can download our complete Governance section of the 2016 Annual Report.
Please see pages 88-90 in our Annual Report 2016 for the full Remuneration Committee report.