Fixed income component
The Supervisory Board decided, within the remuneration policy adopted by the Annual General Meeting in 2020 and based on the outcome of the benchmark to increase the fixed remuneration of the Executive Board members in 2 approximately equal steps in 2021 and 2022. No further inflation correction was applied.
Variable income component
According to the remuneration policy adopted by the Annual General Meeting, the maximum variable income amounts to a maximum of 40% of the fixed annual remuneration. No other exceptional remuneration was paid to the members of the Executive Board in 2022.
The ratio of the combined remuneration of the Executive Board relative to the average of Royal HaskoningDHV (Netherlands staff) for 2022 is 6.9 (2021: 7.1), with the CEO at 8.1 (2021: 8.3), the CFO at 6.3 (2021: 6.0) and Marije Hulshof at 5.7.
The REMCO has been informed about the remuneration packages for Global Directors and Corporate Directors and is confident that remuneration across the top management structure of the company is consistent.
For further information regarding the remuneration, we refer to the Notes to the Consolidated Financial Statements.