Company Directors Report

COMPANY: ASSORE LIMITED

-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?:
2012 Cory Christopher Male Yes Yes
2013 Cory Christopher Male Yes Yes
2014 Cory Christopher Male Yes Yes
2015 Cory Christopher Male Yes Yes
2016 Cory Christopher Male Yes Yes
2017 Cory Christopher Male No No
2018 Walters Charles Male No No
2019 Walters Charles Male Yes Yes

CEO Remuneration - USD:

Financial Year:Salary:Benefits:Cash BonusOther:Total Annual:LTI Payment:Total Including LTI:
2012 517,108 173,133 1,794,458 0 2,484,699 0 2,484,699
2013 506,818 170,114 1,637,045 0 2,313,977 0 2,313,977
2014 451,205 157,184 1,471,649 0 2,080,039 0 2,080,039
2015 441,084 141,346 1,243,444 0 1,825,874 0 1,825,874
2016 362,169 146,915 705,424 0 1,214,508 0 1,214,508
2017 433,512 117,138 1,054,093 2,201,836 3,806,580 0 3,806,580
2018 420,757 86,536 878,401 99,719 1,485,414 0 1,485,414
2019 434,997 91,737 986,993 103,854 1,617,581 0 1,617,581

Executive Director Remuneration - USD:

Financial Year:No. of EDs:Total Salary:Cash BonusOther:Total Annual:
2012 3 1,500,000 5,460,000 500,000 1,820,000
2013 4 1,509,432 5,776,818 377,358 1,444,205
2014 4 1,350,338 5,104,725 337,584 1,276,181
2015 4 1,289,248 4,590,385 322,312 1,147,596
2016 5 1,123,661 3,906,847 224,732 781,369
2017 4 1,179,036 6,099,770 294,759 1,524,943
2018 5 1,226,928 4,257,784 245,386 851,557
2019 5 1,356,473 4,686,589 271,295 937,318

Non-Executive Director Remuneration - USD:

Financial Year:No. of NEDs:Total Fees:Average Fees
2012 7 106,145 15,164
2013 5 188,750 37,750
2014 4 115,718 28,930
2015 6 148,427 24,738
2016 5 142,441 28,488
2017 5 158,802 31,760
2018 5 171,839 34,368
2019 5 186,554 37,311

CEO Remuneration - ZAR:

Financial Year:Salary:Benefits:Cash BonusOtherTotal AnnualLTI PaymentTotal Including LTI
2012 4,292,000 1,437,000 14,894,000 0 20,623,000 0 20,623,000
2013 4,460,000 1,497,000 14,406,000 0 20,363,000 0 20,363,000
2014 4,679,000 1,630,000 15,261,000 0 21,570,000 0 21,570,000
2015 5,046,000 1,617,000 14,225,000 0 20,888,000 0 20,888,000
2016 5,342,000 2,167,000 10,405,000 0 17,914,000 0 17,914,000
2017 5,666,000 1,531,000 13,777,000 28,778,000 49,752,000 0 49,752,000
2018 6,000,000 1,234,000 12,526,000 1,422,000 21,182,000 0 21,182,000
2019 6,354,000 1,340,000 14,417,000 1,517,000 23,628,000 0 23,628,000

Executive Director Remuneration - ZAR:

Financial Year:No. of EDs:Total Salary:Total Annual RemunerationAverage SalaryAverage Remuneration
2012 3 12,450,000 45,318,000 4,150,000 15,106,000
2013 4 13,283,000 50,836,000 3,320,750 12,709,000
2014 4 14,003,000 52,936,000 3,500,750 13,234,000
2015 4 14,749,000 52,514,000 3,687,250 13,128,500
2016 5 16,574,000 57,626,000 3,314,800 11,525,200
2017 4 15,410,000 79,724,000 3,852,500 19,931,000
2018 5 17,496,000 60,716,000 3,499,200 12,143,200
2019 5 19,814,000 68,457,000 3,962,800 13,691,400