Directors’ Remuneration Reports and Policy: best practice from the 2020 AGM season and what’s new for 2021 AGMs

Pinsent Masons’ Share Plans & Incentives team are hosting a webinar on Directors’ Remuneration Reports and Policy.

Whilst the 2020 AGM season was overshadowed for many companies by the Covid-19 pandemic, there has been numerous examples of best practice in implementing the remuneration changes in the UK Corporate Governance Code as well as in the Companies (Miscellaneous Reporting) Regulations 2018. We will explore how they have been received by shareholders. Looking forward to the 2021 AGM, companies will need to comply with the provisions of the Companies (Directors’ Remuneration Policy and Directors’ Remuneration Reports Regulations) 2019 which came into force in June 2019. These will affect disclosures in the Directors’ Remuneration Report and, to the extent that it is being put to shareholder vote at the 2021 AGM, the Directors’ Remuneration Policy. We will explain what companies need to do to comply. 

Agenda

• A review of the 2020 AGM season – what went down well with shareholders in respect of executive remuneration (and what didn’t!)
• Changes for 2020 financial year reporting – what’s new for Directors’ Remuneration Reports and Policies
• Institutional investor focus – what are shareholders expecting in 2021