The Company aims to remunerate directors, officers and employees in accordance with prevailing market conditions with the major objective of being able to attract and retain high quality people who are motivated to contribute positively to the performance of the Company.

The Company believes that individuals should be rewarded for their individual contributions to the success of the Company (both financially and non-financially), measured primarily by the creation of value for shareholders. Incentives are therefore constructed with the goal of aligning the interests of employees and Shareholders and encouraging performance in an atmosphere of strong corporate governance.

Remuneration is based on fees, salaries, bonus payments and incentive options.