EXMAR report 2025
4.3 Remuneration report 168 4.3.4 Remuneration for the members of the Executive Committee and Nicolas Saverys (SAVEREX NV) In line with EXMAR’s total reward principles, the form and level of the Company’s executive remuneration are aligned to company performance and individual skills and performance. The remuneration package is composed of three main elements: the fixed annual remuneration the short-term variable remuneration (STI – short term incentive) the long-term variable remuneration (LTI – long term incentive) The level and structure of the compensation packages are aligned with market practices for similar functions at comparable companies. Overview of the remuneration for 2025 in EUR NAME COMPANY FIXED REMUNERA- TION STI (SHORT TERM INCENTIVE) DISCRETIO- NARY BONUS LTI (LONG TERM INCENTIVE) PENSION BENEFIT OTHER INSURANCES OTHER BENEFITS TOTAL EXECUTIVE CHAIRMAN Nicolas Saverys Executive Chairman SAVEREX NV 1,200,000 2,000,000 3,200,000 37.5% 62.5% 100% CEO Carl-Antoine Saverys CEO CASAVER BV 365,000 100,000 465,000 78.5% 21.5% 100% OTHER MEMBERS OF THE EXECUTIVE COMMITTEE Hadrien Bown CFO HAX BV 300,000 100,000 400,000 75% 25% 100% Francis Mottrie COO FMO BV 575,000 100,000 675,000 85% 15% 100% Jens Ismar Executive Director Shipping LISANN AS until 28/02/2025 95,840 95,840 100% 100% Morten Pilnov Executive Director Shipping from 01/03/2025 250,000 100,000 350,000 71.4% 28.6% 100% Jonathan Raes Executive Director Infrastructure FLX Consultancy BV 345,000 100,000 445,000 77.5% 22.5% 100% 4.3.4.1 FIXED ANNUAL REMUNERATION The fixed annual remuneration includes a fixed annual base remuneration considering the responsibilities, skills, experience, and performance of the executive manager. Other benefits, such as medical care, health insurance plan, death and disability coverage and other benefits are also provided according with market practices to executives with a self-employed or employee status. The fixed annual remuneration is reviewed annually and may increase or decrease considering several factors, like change of scope and responsibilities, comparable remuneration in other companies. The global package for executives with a self- employed status reflects the total cost for the Company, with the executives being responsible for their own tax and social security payments.
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