Remuneration structure components
The remuneration of supervisory board members consists of (i) a fixed annual cash amount, and (ii) an equity-based component. The remuneration of the supervisory board members does not contain a variable component, and hence no performance criteria apply to their remuneration.
In accordance with the remuneration policy and the decision of the annual shareholders’ meeting of 28 April 2020, the remuneration of the supervisory board members for the exercise of their mandate during the financial year ending 31 December 2020 consisted of the following components:
Supervisory board members |
Supervisory board |
Audit committee |
Nomination and remuneration committee |
TOTAL REMUNERATION |
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Cash remuneration |
Equity-based remuneration |
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Chairman |
Member |
Cash (gross amount) granted to acquire GLPG shares(1) |
Acquired GLPG shares(1) |
Chairman |
Member |
Chairman |
Member |
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Dr. Rajesh Parekh |
€ 100,000 |
|
€ 100,000 |
553 |
|
|
€ 20,000 |
|
€ 220,000 |
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Mr. Howard Rowe(2) |
|
€ 50,000 |
€ 50,000 |
273 |
€ 20,000 |
|
|
€ 5,000 |
€ 125,000 |
||||||||||
Ms. Katrine Bosley |
|
€ 50,000 |
€ 50,000 |
287 |
|
|
|
€ 15,000 |
€ 115,000 |
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Dr. Mary Kerr |
|
€ 50,000 |
€ 50,000 |
273 |
|
€ 15,000 |
|
|
€ 115,000 |
||||||||||
Mr. Peter Guenter(3) |
|
€ 50,000 |
€ 50,000 |
287 |
|
€ 15,000 |
|
|
€ 115,000 |
||||||||||
Dr. Elisabeth Svanberg(4) |
|
€ 33,973 |
€ 33,835 |
194 |
|
|
|
€ 10,192 |
€ 78,000 |
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Mr. Daniel O’Day(5) |
|
|
|
- |
|
|
|
|
N/A(5) |
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Dr. Linda Higgins(5) |
|
|
|
- |
|
|
|
|
N/A(5) |
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|