Lendlease Annual Report 2024

70 Lendlease Annual Report 2024 Contents KMPs covered by this report 74 FY25 KMP Changes 74 Response to FY23 Remuneration Report Strike 75 Executive Reward Strategy 76 Our Remuneration Framework 77 Fixed Remuneration 78 Short Term Award (STA) 78 Long Term Award (LTA) 79 FY24 Group CEO STA Scorecard 81 FY24 Short Term Performance Outcomes 81 FY24 Long Term Performance Outcomes 82 Alignment Between Remuneration Outcomes and Securityholder Experience 83 Total Remuneration Realised 84 Executive Service Agreements 85 Non Executive Director Fee Policy 86 Non Executive Directors' Fees 86 Board and Committee Fees 86 Travel Fees 86 Remuneration Governance and Risk Management 87 Other Statutory Disclosures 90 FY24 Executive Statutory Remuneration 90 FY24 Non Executive Director Statutory Remuneration 91 FY24 Executive Equity Holdings 91 Executive Equity Based Remuneration - Deferred Securities 92 Executive Equity Based Remuneration - Long Term Awards 93 FY24 Non Executive Director Equity Holdings 94 Abbreviations AGM Annual General Meeting LTA Long Term Award CAGR Compound Annual Growth Rate LTI Long Term Incentive CIFR Critical Incident Frequency Rate PMF Portfolio Management Framework CLT Corporate Leadership Team (previously referred to as Global Leadership Team) ROE Return on Equity CSAT Customer Satisfaction ROIC Return on Invested Capital ERS Executive Reward Strategy RSA Restricted Securities Award FUM Funds Under Management RTSR Relative Total Shareholder Return FY23 Financial year ending 30 June 2023 SBP Security Based Payment FY24 Financial year ending 30 June 2024 STA Short Term Award GDV Google Development Ventures STI Short Term Incentive GMR Global Minimum Requirements TA Transformation Award - Options Plan KMP Key Management Personnel TPV Total Package Value KPI Key Performance Indicator VWAP Volume Weighted Average Price