Unilever proposes raising CEO maximum PSP award to 700% of base salary under new remuneration policy

Reuters03-12 23:53
Unilever proposes raising CEO maximum PSP award to 700% of base salary under new remuneration policy

Unilever published its Directors’ Remuneration Report 2025, setting out a proposed Directors’ Remuneration Policy for 2026 that separates fixed pay into base salary and a pension allowance of 11% of base salary. Under the proposed policy, the CEO’s maximum annual bonus opportunity is 300% of base salary, and the maximum Performance Share Plan opportunity is 700% of base salary. The CEO shareholding requirement is proposed to rise to 700% of base salary from 500% of fixed pay. For 2026, Unilever set base salary at EUR 1.62 million for CEO Fernando Fernandez and EUR 1.06 million for CFO Srinivas Phatak. For 2025, Unilever reported total remuneration of EUR 5.63 million for Fernando Fernandez and a 2025 annual bonus formulaic outcome of 70% of target for Executive Directors.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Unilever plc published the original content used to generate this news brief on March 12, 2026, and is solely responsible for the information contained therein.

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