Investor Relations

Remuneration

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 salary
(EUR)
  
On-target STI
(% annual base salary)
  
On-target LTI
(% annual base salary)
  
 Joost Farwerck  CEO   875,000   90%   135%  
 Chris Figee  CFO   675,000   60%   90%  
 Jean Pascal van Overbeke  CCM   650,000   60%   90%  
 Marieke Snoep  CBM   650,000   60%   90%  
 Babak Fouladi  CTDO   650,000   60%   90%  
 Hilde Garssen  CPO   500,000   60%   90%  


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

Remuneration Policy


The applicable remuneration policy for members of the Board of Management and the Supervisory Board, as approved by the shareholders meeting on 15 April 2020, can be downloaded below.


Remuneration Reports


Relevant details on individual remuneration can be found in the annual remuneration reports, which are included in the Integrated Annual Report, and can also be downloaded below.