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Executive bonus parameters for 2017
Given the significant recent changes to our executive team, here we provide the executive bonus parameters
governing the bonus plan for 2017:
Designation
Company
performance
Team
performance
Minimum
bonus
On
target
Maximum
bonus
Group president
and CEO
70%
30%
0% 100% 200%
Group CFO
70%
30%
0% 100% 175%
Group chief operating
officer
50%
50%
0% 100%
175%
Group vice-president
for strategy and M&A
50%
50%
0% 100%
160%
Group chief human
resources and
corporate affairs
officer
50%
50%
0% 70%
140%
Group chief legal
counsel
50%
50%
0% 70%
140%
Group vice-president
for SEA
30%/30%
Group/region
40%
0% 70% 140%
Group vice-president
for WECA
30%/30%
Group/region
40%
0% 70% 140%
Group vice-president
for MENA
30%/30%
Group/region
40%
0% 70% 140%
CEO: MTN South
Africa
30%/30%
Group/opco
40%
0% 70%
140%
CEO: MTN Nigeria
30%/30%
Group/opco
40%
0% 70%
140%
MTN Group Limited
Integrated Report 2016
77
GOVERNANCE,
PEOPLE AND
REMUNERATION