Lendlease Annual Report 2022

100 Lendlease Annual Report 2022 FY22 Non Executive Director Statutory Remuneration Short term benefits Post-employment benefits Name Year Base fees 1 Committee chair fees Committee membership fees Travel fees 2 Superannuation 3 Total Current Non Executive Directors Michael Ullmer 4 2022 512 - - 6 24 542 2021 619 - - - 22 641 Philip Coffey 2022 160 48 60 - 24 292 2021 155 48 72 - 22 297 Nicholas Collishaw 5 2022 93 - 24 6 12 135 David Craig 2022 160 48 36 6 24 274 2021 155 48 36 - 22 261 Jane Hemstritch 2022 160 36 60 6 24 286 2021 155 21 72 - 22 270 Elizabeth Proust 6 2022 160 48 36 6 24 274 2021 160 48 36 - 16 260 Nicola Wakefield Evans 2022 160 48 36 6 24 274 2021 160 48 36 - 22 266 Robert Welanetz 2022 160 - 72 36 24 292 2021 155 - 72 - 22 249 Former Non Executive Directors Colin Carter 7 2021 61 15 30 - 9 115 Margaret Ford 8 2021 21 - 12 - 4 37 Total 2022 1,565 228 324 72 180 2,369 2021 1,641 228 366 - 161 2,396 1. For the 2021 financial year, from 1 July 2020 until 31 August 2020, Non Executive Directors were able to elect to temporarily reduce their base fees up to 20 per cent. 2. No travel fees were payable during the 2021 financial year as a result of the global travel restrictions in place in response to COVID-19. 3. Directors have superannuation contributions paid on their behalf in accordance with superannuation legislation. 4. To reflect accountability in the 2021 financial year for further provisions relating to the legacy Engineering business and the business review preliminary findings that were announced in relation to the Development portfolio, on behalf of the Board, the Chairman took a 20 per cent reduction in base fees for the 2022 financial year. 5. Appointed 1 December 2021. 6. For the 2021 financial year, Elizabeth Proust requested and was issued an SG shortfall exemption certificate for the last quarter. This means that for the period from 1 April 2021 to 30 June 2021 that Lendlease was exempt from making superannuation contributions on behalf of Elizabeth Proust. A cash payment was made in lieu of the superannuation contributions that would have ordinarily been payable. 7. Colin Carter ceased to be a Non Executive Director on 20 November 2020. 8. Baroness Margaret Ford was appointed as a Non Executive Director on 1 March 2020 and ceased to be a Non Executive Director on 18 August 2020. FY22 Executive Equity Holdings Name Number of securities required under the mandatory securityholding at period end 1 Securities held at beginning of financial year Securities received during the financial year 2 Other net changes to securities Securities held at end of financial year RSA 3 Total securities / performance rights that may count towards the mandatory securityholding requirement Current Executives Anthony Lombardo 219,000 0 9,764 - 9,764 96,596 106,360 Dale Connor 97,000 23598 10746 - 34,344 89,834 124,178 Simon Dixon 4 81,000 n/a - - 0 n/a 0 Justin Gabbani 66,000 0 14,010 - 14,010 n/a 14,010 Denis Hickey 60,000 25,989 6120 (6,120) 25,989 96,596 122,585 Frank Krile 77,000 420,852 12,537 - 433,389 n/a 433,389 Neil Martin 102,000 0 4,211 - 4211 65,536 69,747 Total 470,439 57,388 (6,120) 521,707 348,562 870,269 1. Mandatory securityholding requirements are reviewed in August each year. 2. For Executives, securities received relate to security entitlements under employee benefit vehicles. 3. Under the RSA (LTA Minimum), performance rights will vest over a period of up to six years. This number of performance rights counts towards mandatory securityholding requirements. 4. Simon Dixon was appointed to the Group Chief Financial Officer role on 1 October 2021.