Directors’ Report
2. Remuneration Overview
2.1 ClearView’s Remuneration Framework Overview During FY24, the remuneration structures in place were unchanged from the prior year, and the same structure is expected to apply in the future years. ClearView’s approach to executive remuneration and the remuneration cycle under the framework applicable to FY24 is set out below.
Fixed pay
Variable remuneration Short term variable remuneration Long term variable remuneration
Purpose
To pay fairly and according to external market conditions for each role. Base Salary, Superannuation, and Other Benefits.
To motivate KMPs to reach or exceed the company goals for the financial year.
To reward the KMPs for achieving key objectives in the long term.
Delivery
60% delivered in cash, 40% delivered in Restricted Rights subject to a 3 year deferral period.
Performance Rights entitled to the value of a share of ClearView, subject to LTVR performance hurdle with a Measurement Period of 4 years.
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ClearView Wealth Limited
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