Remuneration

Our remuneration framework promotes fair, transparent and risk-aligned rewards that support long-term value creation and are governed through robust oversight

Fair, Transparent and Risk-Aligned Pay

Remuneration is an integral part of our corporate governance and risk management framework. Our approach is designed to attract, retain and motivate qualified people, while supporting a sound risk culture and the long-term interests of clients, shareholders and other stakeholders.

Attract

Retain

Motivate

Remuneration across the Group is based on clear principles: pay is linked to sustainable performance, aligned with our risk appetite and capital position, and reflects both what is achieved and how it is achieved.

We aim for fair, transparent and market-aligned reward, ensuring equal treatment and avoiding incentives that could encourage excessive risk-taking or behaviour that is not in line with our ethical standards.

Governance of remuneration is firmly embedded in our corporate governance framework. The Board of Directors, supported by the Remuneration Committee, is responsible for setting and overseeing the Group’s remuneration framework, in line with applicable regulatory requirements.

Remuneration policies and practices are regularly reviewed in light of business developments, regulatory changes and feedback from stakeholders, to ensure that they remain appropriate, effective and aligned with our strategic objectives and risk profile.

Detailed qualitative and quantitative information on our remuneration policies and practices, including data on remuneration of identified staff, the structure of variable remuneration, deferral arrangements and risk adjustment, is provided in the disclosures published in line with applicable regulatory requirements.