The Remuneration Policy sets out the policy within which the Supervisory Board can determine the individual remuneration of members of the Board of Management. Based on this policy, the following remuneration packages have been set:
Remuneration packages individual current members of the Board of Management
| Member |
Position |
Base salary1 (EUR) |
On-target STI (% annual base salary) |
On-target LTI (% annual base salary) |
| Joost Farwerck |
CEO |
892,500 |
90 % |
135 % |
| Chris Figee |
CFO |
688,500 |
60 % |
90 % |
| Marieke Snoep |
CCM |
663,000 |
60 % |
90 % |
| Chantal Vergouw2 |
CBM |
663,000 |
60 % |
90 % |
| Wouter Stammeijer2 |
COO |
663,000 |
60 % |
90 % |
| Hilde Garssen |
CPO |
510,000 |
60 % |
90 % |
1 As of 1 October 2022
2 Appointed as from 1 June 2023
Benefits and other arrangements:
- Defined contribution pension plan; fixed allowance for annual base salary above the statutory cap
- Specific allowances based on individual circumstances.
- 4-year appointment term
- Share ownership guideline of 250% (CEO) or 150% (other members) of annual base salary, to be reached within 5 years
- Severance arrangement of one-year base salary in case of certain termination events
- KPN does not grant loans or guarantees to members of the Board of Management