Remuneration and benefits for board of directors
and supervisors board

 

2017 operation fund for BOD and SB was VND 3 billion, which was approved by the GSM and in accordance with GSM’s Resolution 01/2017/NQ-ĐHĐCĐ dated 21 April 2017.


At 31/12/2017, the BOD comprises of 06 members, of which 02 are executive members, 04 are non-executive members. The SB comprises 2 members, all of them are independent (Ms. Ho Thi Huong Tra resigned on 13th November 2017).

 


Periodic bonus and welfare of members of the BOD and SB
The BOD executive members, BOD members who participated in Company’s operation, and SB members received periodic bonus and welfare from the Company welfare fund, which was created from retained earnings and based on 2017 business performance approved by the GSM.      

 


Other benefits for members of the Board of Directors and Board of Supervisors
Currently, the Company’ business expenses benefits (including those relating to the use of company cars, telephones, social, medical and other insurance, the annual health check) and other benefits in internal policies are only applicable to the executive member of BOD or the member who participated in Company’s operation activities. The Company only pays expense related to business trip (if any) to other members of BOD and member of SB  

 


ESOP for Members of BOD and SB
In 2017, SSI has successfully issued shares under the Employee Stock Ownership Plan (ESOP), which aims to align the interests of employees and the Company; attract, maintain and motivate qualified staff to dedicate and make long-term commitment to the Company.


The number ESOP shares bought by BOD and SB members are as follow:

 

 

Total income of members of BOD and SB in 2017 was VND 12,405,200,000