Lendlease Annual Report 2022
86 Lendlease Annual Report 2022 LTA outcomes and securityholder experience The following chart shows LTI / LTA outcomes for the CEO relative to 3 year TSR and 3 year average ROE over time: • Over the period from Sep-05 to Sep-19, 36% per cent of the aggregate value of LTI / LTA awards vested (outcomes range from 0 per cent to 99 per cent) • 4 of the 15 LTI / LTA awards were worth more than the grant value due to security price growth (Sep-10, Sep-11, Sep-12 and Sep-13) • 6 of the 15 LTI / LTA awards were worth nothing when they were tested (Sep-05, Sep-06, Sep-07, Sep-17, Sep-18 and Sep-19). -0.5 0 0.5 1.0 1.5 2.0 2.5 3.0 3.5 4.0 3 Year ROE -2% 0% 2% 4% 6% 8% 10% 12% 14% 16% Sep 05 Sep 06 Sep 07 Sep 08 Sep 09 Sep 10 Sep 11 LTI / LTA Grant Date LTI / LTA value ($m) Sep 12 Sep 13 Sep 14 Sep 15 Sep 16 Sep 17 Sep 18 Sep 19 Grant Value Vest Value (excludes security price growth/decline) Security price growth /decline 3 Year TSR 3 Year ROE Nil vesting 1 The LTI / LTA grant value is the number of securities granted multiplied by the 1 September opening security price for the LTI / LTA grant year. • LTI / LTA outcomes have been aligned with the securityholder experience. Nil vesting for the last three years. • LTI / LTA outcomes reward steady and sustainable securityholder returns.
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