Corporate Governance
Letter from the Chair of the Board
Last year was both challenging and extraordinary for CTP. Despite the pressures of the pandemic, the Group saw robust growth, driven by global trends in e-commerce and supply-chain reorganisation, which have accelerated in response to the pandemic and environmental concerns. The impact of the pandemic on society—and the growing awareness that businesses must take greater responsibility to safeguard the environment for future generations—underscore the importance of creating long-term value and a strategy for sustainable growth.
Read more in the complete Annual ReportBarbara Knoflach,
Chair of the Board of CTP N.V.
Remuneration of the Executive Directors
The total direct remuneration of the Executive Directors consists of four components:
1. fixed annual base salary;
2. pension and fringe benefits;
3. an annual cash incentive; and
4. a long-term share-based incentives.
The total direct remuneration mix at target and maximum performance for the CEO and CFO is as follows:
CEO – Target and maximum Performance
CFO – Target Performance
CFO – Maximum Performance
