Does the company have measurable standards to align the performance-based remuneration of the executive directors and senior executived with long-term interests of the company, such as claw back provision and deferred bonuses?
YES. The Board-approved Strategy Map ensures alignment of a performance-pay system based on performance indicators. It adopts a six-point perspective towards delivery of sustainable hinged on a vertical integration of our coal energy business - Stakeholders' Sustainability, Safety & Health, Organizational Development and People Excellence. Results of financial and non-financial scorecard are disclosed and reported in our quarterly and annual reports.
In addition, claw back provision and deferred bonuses are provided in case of serious misconduct or material misrepresentation.