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StarHub Ltd Annual Report 2015

Breakdown of Directors’ Remuneration
The following shows the composition of Directors’ remuneration for FY2015:

Executive Director’s Remuneration

Name of Executive Director Fixed(1) Variable(2) Benefits(3) Share-based Total Overview
($) ($) ($) Compensation(4) ($)
Tan Tong Hai
979,875 ($) 3,321,989

897,664 79,862 1,364,588

Non-Executive Directors’ Remuneration

Name of Non-Executive Directors Cash-based Share-based Total
($) ($) ($)
Steven Terrell Clontz(a)(e)
Ma Kah Woh(b) 138,950 59,550 198,500
Peter Seah Lim Huat 35,660
Nihal Vijaya Devadas Kaviratne CBE 24,962 10,698 155,500
Teo Ek Tor(c)
Sio Tat Hiang(e) 108,850 46,650 188,500 Strategy
Lim Ming Seong 165,850
Liu Chee Ming 131,950 56,550 152,500
Robert J. Sachs 168,500
Rachel Eng Yaag Ngee(d) 116,095 49,755 126,500
Nasser Marafih 106,500
Takeshi Kazami(e) 106,750 45,750 76,650

117,950 50,550 71,000
58,100
88,550 37,950

74,550 31,950

53,655 22,995

49,700 21,300

58,100 -(f) Performance

Non-Executive Directors who resigned during FY2015 88,781 38,049 126,830
68,838 -(h) 68,838
Tan Guong Ching(g)
Kua Hong Pak(h)

(1) Fixed refers to base salary, Annual Wage Supplement and fixed allowances earned for FY2015. Governance & Sustainability

(2) Variable refers to incentives paid and accrued for the year pursuant to StarHub’s performance bonus scheme and Economic Value Added (EVA) scheme for Financials
FY2015. StarHub’s performance bonus scheme is the “balanced scorecard” scheme used to determine the annual performance bonuses payable to
StarHub’s employees. The EVA scheme rewards for sustainable shareholder value creation over the medium term, with alignment to StarHub’s strategic
business objectives. Under this scheme, each of StarHub’s employees is given clear objectives on his personal scorecard, which are aligned to StarHub’s
overall strategic objectives of growth and profitability, creating customer value, operational efficiency, excellence and optimal customer management, and
developing a motivated and well trained workforce. Under the EVA scheme, a notional EVA bank account is set up for each senior executive, into which the
annual EVA performance bonus earned by him each year is credited. One third of the total amount in his EVA bank account is payable annually at a later date
in the following financial year, and the remaining balance in his EVA bank account is payable to him upon his resignation or termination of employment
(other than for cause), subject to certain conditions being met. The balance in the EVA bank account will increase or decrease depending on StarHub’s EVA
performance in subsequent years.

(3) Benefits are stated on the basis of direct costs to StarHub, and include tax equalisation, housing and other non-cash benefits such as leave, medical scheme
and club membership.

(4) Based on the fair values of the contingent shares granted pursuant to the StarHub Performance Share Plan and StarHub Restricted Stock Plan in 2015, using
the Monte Carlo simulation model.

(a) Mr Steven Terrell Clontz was appointed as the Chairman of the Board on 15 July 2015.

(b) Mr Ma Kah Woh was appointed as a non-executive director and the AC Chairman on 23 September 2015.

(c) Mr Teo Ek Tor was appointed as the RC Chairman and resigned as an AC member on 15 July 2015.

(d) Ms Rachel Eng Yaag Ngee was appointed as a non-executive director on 4 May 2015 and an AC member on 15 July 2015.

(e) Fees are payable to Director’s employer company.

(f) Mr Takeshi Kazami had declined the share award and will only receive the cash component of his remuneration. Mr Kazami holds no shares in StarHub.

(g) Mr Tan Guong Ching resigned as the Chairman of the Board and a non-executive Director on 15 July 2015. For Mr Tan’s remuneration in respect of FY2015, he
will receive $88,781 in cash and $38,049 in the form of share award granted pursuant to the StarHub Restricted Stock Plan.

(h) Mr Kua Hong Pak resigned as a non-executive Director and the AC Chairman on 23 September 2015. Mr Kua has declined the share award and will only
receive the cash component of his remuneration in the amount of $68,838 for FY2015. Mr Kua does not hold any shares in StarHub.

Details of the share awards granted by StarHub to the non-executive Directors under the StarHub Restricted Stock Plan can be found in
the Directors’ Statement.