Company Directors Report

COMPANY: AFRICAN RAINBOW MINERALS

-The primariy analysis is in USD. Remuneration is also shown in ZAR to accurately reflect felt increases.

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CEO Biography - USD:

Year End:Director Surname:Director Name:Director Gender:Full Year on Board?:Full year in position?:
2008 Wilkens Andre T Male Yes Yes
2009 Wilkens Andre T Male Yes Yes
2010 Wilkens Andre T Male Yes Yes
2011 Wilkens Andre T Male Yes Yes
2012 Schmidt Mike Male No No
2013 Schmidt Mike Male Yes Yes
2014 Schmidt Mike Male Yes Yes
2015 Schmidt Mike Male Yes Yes
2016 Schmidt Mike Male Yes Yes
2017 Schmidt Mike Male Yes Yes
2018 Schmidt Mike Male Yes Yes
2019 Schmidt Mike Male Yes Yes
2020 Schmidt Mike Male Yes Yes
2021 Schmidt Mike Male Yes Yes
2022 Schmidt Mike Male No No
2023 Tobias VP Male No No

CEO Remuneration - USD:

Financial Year:Salary:Benefits:Cash BonusOther:Total Annual:LTI Payment:Total Including LTI:
2008 230,472 144,256 438,936 0 813,664 4,759,664 5,573,327
2009 540,317 133,652 139,012 0 812,981 0 812,981
2010 676,499 179,630 947,266 0 1,803,395 0 1,803,395
2011 778,080 200,287 477,364 0 1,455,731 0 1,455,731
2012 531,355 83,226 200,387 0 814,968 0 814,968
2013 610,455 97,614 364,545 0 1,072,614 0 1,072,614
2014 549,084 69,142 379,171 0 997,396 228,049 1,225,445
2015 527,185 66,783 0 0 593,969 0 593,969
2016 432,407 46,712 261,085 0 740,203 0 740,203
2017 515,761 34,889 460,750 11,706 1,023,106 0 1,023,106
2018 497,612 44,312 568,258 0 1,110,183 541,152 1,651,334
2019 514,479 34,983 560,348 10,543 1,120,353 1,661,874 2,782,228
2020 466,022 516,902 31,297 8,043 1,022,264 0 1,022,264
2021 592,292 39,908 698,281 9,995 1,340,476 0 1,340,476
2022 549,035 37,037 0 8,800 594,872 0 594,872
2023 69,961 5,803 71,079 1,491 148,334 0 148,334

Executive Director Remuneration - USD:

Financial Year:No. of EDs:Total Salary:Cash BonusOther:Total Annual:
2008 8 1,331,318 4,120,556 166,415 515,070
2009 6 2,117,688 2,981,123 352,948 496,854
2010 7 3,016,140 7,482,120 430,877 1,068,874
2011 7 3,619,054 6,881,375 517,008 983,054
2012 8 3,916,903 6,893,290 489,613 861,661
2013 5 2,884,659 4,865,568 576,932 973,114
2014 5 2,591,996 3,886,982 518,399 777,396
2015 6 2,324,199 2,490,370 387,366 415,062
2016 5 2,010,237 3,472,136 402,047 694,427
2017 5 2,398,546 4,111,324 479,709 822,265
2018 6 2,381,110 4,263,834 396,852 710,639
2019 6 2,139,591 4,886,904 356,598 814,484
2020 6 1,701,888 4,209,582 283,648 701,597
2021 6 2,063,493 5,317,754 343,916 886,292
2022 5 1,946,692 3,463,564 389,338 692,713
2023 6 1,709,296 3,589,660 284,883 598,277

Non-Executive Director Remuneration - USD:

Financial Year:No. of NEDs:Total Fees:Average Fees
2008 8 366,195 45,774
2009 10 579,944 57,994
2010 8 616,530 77,066
2011 11 947,385 86,126
2012 9 903,613 100,401
2013 9 869,318 96,591
2014 10 791,418 79,142
2015 9 753,584 83,732
2016 9 580,949 64,550
2017 10 668,630 66,863
2018 13 1,061,236 81,634
2019 13 1,123,845 86,450
2020 12 808,836 67,403
2021 12 1,264,831 105,403
2022 11 893,447 81,222
2023 13 942,818 72,524

CEO Remuneration - ZAR:

Financial Year:Salary:Benefits:Cash BonusOtherTotal AnnualLTI PaymentTotal Including LTI
2008 1,906,000 1,193,000 3,630,000 0 6,729,000 39,362,418 46,091,418
2009 4,637,000 1,147,000 1,193,000 0 6,977,000 0 6,977,000
2010 4,862,000 1,291,000 6,808,000 0 12,961,000 0 12,961,000
2011 5,431,000 1,398,000 3,332,000 0 10,161,000 0 10,161,000
2012 4,118,000 645,000 1,553,000 0 6,316,000 0 6,316,000
2013 5,372,000 859,000 3,208,000 0 9,439,000 0 9,439,000
2014 5,694,000 717,000 3,932,000 0 10,343,000 2,364,863 12,707,863
2015 6,031,000 764,000 0 0 6,795,000 0 6,795,000
2016 6,378,000 689,000 3,851,000 0 10,918,000 0 10,918,000
2017 6,741,000 456,000 6,022,000 153,000 13,372,000 0 13,372,000
2018 7,086,000 631,000 8,092,000 0 15,809,000 7,706,000 23,515,000
2019 7,515,000 511,000 8,185,000 154,000 16,365,000 24,275,000 40,640,000
2020 7,996,000 8,869,000 537,000 138,000 17,540,000 0 17,540,000
2021 8,237,000 555,000 9,711,000 139,000 18,642,000 0 18,642,000
2022 8,672,000 585,000 0 139,000 9,396,000 0 9,396,000
2023 1,314,000 109,000 1,335,000 28,000 2,786,000 0 2,786,000

Executive Director Remuneration - ZAR:

Financial Year:No. of EDs:Total Salary:Total Annual RemunerationAverage SalaryAverage Remuneration
2008 8 11,010,000 34,077,000 1,376,250 4,259,625
2009 6 18,174,000 25,584,000 3,029,000 4,264,000
2010 7 21,677,000 53,774,000 3,096,714 7,682,000
2011 7 25,261,000 48,032,000 3,608,714 6,861,714
2012 8 30,356,000 53,423,000 3,794,500 6,677,875
2013 5 25,385,000 42,817,000 5,077,000 8,563,400
2014 5 26,879,000 40,308,000 5,375,800 8,061,600
2015 6 26,588,832 28,489,832 4,431,472 4,748,305
2016 5 29,651,000 51,214,000 5,930,200 10,242,800
2017 5 31,349,000 53,735,000 6,269,800 10,747,000
2018 6 33,907,000 60,717,000 5,651,167 10,119,500
2019 6 31,253,000 71,383,000 5,208,833 11,897,167
2020 6 29,201,000 72,228,000 4,866,833 12,038,000
2021 6 28,697,000 73,954,000 4,782,833 12,325,667
2022 5 30,748,000 54,707,000 6,149,600 10,941,400
2023 6 32,104,000 67,421,000 5,350,667 11,236,833