CFSL - Annual report 2018

The remuneration of non-executive directors consists of a mix of attendance and retainer fees. The remuneration of the executive and non-executive directors is reviewed and recommended for approval to the Board on an annual basis by the Corporate Governance Committee. The non-executive directors are not paid any performance bonuses and there are no long term incentive plans in force within the Group. The remuneration paid to executive and non-executive directors and/or committee members is set out in the table on page 28. 3. RELATIONS WITH SHAREHOLDERS AND OTHER STAKEHOLDERS The shareholding structure of CFSL as at 30 September 2018 is as follows: 100% 53% The Company 100% Others Cim Holdings Ltd (CHL) Elgin Ltd (Elgin) 47% The share ownership analysis per holding percentage and categories of shareholders as at 30 September 2018 is as follows: 8.94% 10.56% 6.14% 59.60% 14.76% Individuals Insurance & Assurance Companies Investment & Trust Companies Other Corporate Bodies Pensions & Provident Funds Shareholders by category (%) Shareholders by category (%) 5.42% 3.36% 87.40% 3.82% 1 - 50,000 50,001-250,000 Over 500,000 250,001-500,000 To the best of the knowledge of the Company and of its directors, they are not aware of the existence of a shareholders’ agreement affecting the governance of the Company by the Board for the year under review. Communication with shareholders and stakeholders has been mainly through the Annual Report, Investors’ Briefings, the published unaudited results, the Annual Meeting of Shareholders, dividends declarations, press communiqués and the CORPORATE GOVERNANCE REPORT 30 CIM FINANCIAL SERVICES LTD ANNUAL REPORT 2018