Remuneration and benefits for board of directors and board of supervisors

 

2016 operation fund for BOD and BOS was VND 3 billion, which was approved by the GSM and in accordance with GSM Resolution 01/2016/NQ-ĐHĐCĐ dated 25 April 2016.

At 31/12/2016, the BOD comprises of 06 members, of which 02 are independent members. The BOS comprises 3 members, all of them are independent.

 

 

Periodic bonus and welfare of members of the BOD and BOS

The BOD executive members, BOD members who participated in Company’s operation, and BOS members received periodic bonus and welfare from the Company welfare fund, which was created from retained earnings and based on 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 BOS.  

ESOP for Members of BOD and BOS

During the year, 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 BOS members are as follow: