Sberbank - Annual Report 2010 - Incentives for Taking Responsibility for Results

Home Social Responsibility Report Our Shareholders and Investors Incentives for Taking Responsibility for Results

# Incentives for Taking Responsibility for Results

Remuneration paid to members of the Supervisory Board, the CEO and Chairman of the Management Board and members of the Management Board is determined on the basis of the principles and criteria established by the HR and Remuneration Committee of the Supervisory Board.

Remuneration paid to Board members consists of a regular salary and a bonus, with the size of the latter being governed by the Supervisory Board. Information on remuneration is published on the Bank’s website each quarter. The decision on remuneration to be paid to members of the Supervisory Board and the Audit Committee for their service in these bodies is made by shareholders at the General Shareholders’ Meeting.

Information on remuneration paid to members of the supreme governing and management bodies is available in Sberbank’s Annual Report.

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