This year’s KB action, according to Pibylo, will include approving increasing remuneration for management at the general meeting

This afternoon, from 1:00 p.m., the shareholders of Komern banka (according to KB only) will meet at the company’s headquarters in Prague’s Stodlky for a summer general meeting. Even if only a tenth of them arrived in number, the prepared meeting room would still not be enough for them. The number of KB shares has been steadily increasing in recent years. Compared to the end of 2023, there were another thousand in the first quarter of the year. In total, the bank registered 74,415 of them as of March 31, of which 68,000 were natural persons from the Czech Republic. For the sake of interest, for example, at the end of 2021, there were less than 53 thousand domestic shares, or a total of 58.4 thousand

The management of the company prepared a total of 13 points for the one-day general meeting. Actions usually follow the fifth annual meeting of the previous year and then decide to take a profit. 14.6 billion of the assets created are to fall to shares, or they should be able to collect no more than K 1.1 billion from the retained earnings of previous years. In short, the general meeting may sanctify the announced, inexplicably determined, dividend of K 82.66 (60.42 K in 2022). Shareholders who will own KB shares in the Central Depository on Monday, May 6, should apply for it. Due to the stock market crash, due to the closing date (T+2), KB shares will be traded with interest for the last time on Thursday, May 2. The bank will then start paying the dividend on Monday, May 27.

By law, the shareholders of the last years have to consecrate it to the proposed First with a waiver. From the rather comprehensive document, they can learn on the basis of which rules the management was rewarded. Every day, just like last year, their own traditional reward consisted of a fixed sloka, a movable sloka and a pension. KB does not specify a share-based incentive payment, but one clause refers to the price of KB shares, when the board of directors grants a request for virtual shares with a deferral/retention period of 12 months. The general variable component of the remuneration is related to the bank’s fully established key performance indicators. Its payment in a given year must not relate to previous financial years. Some of the financial reward has deferrals in connection with the fulfillment of the goal in the following years as well. Last year, some benefits paid to the board of directors were, in short, retroactive to 2017. Each member of the board of directors has, in connection with their work organization, slightly different individual duties, moreover, with different weights.

Jan Juchelka, logically, made the most of the f bank last year. Last year, his basic salary increased significantly by two and a quarter million crowns to K11.25 million. In addition to other benefits and benefits in the amount of K166 thousand The bank lent him 800,000. To the pension pipojitn. Every day, roughly half of his total reward was a moving stanza. While it met the target set in 2022 to 105%, last year only to 96%. You are anyway in 2023, it spent 23.4 million kcompared to roughly 18.5 million K a year ago.

This is how he got the kind of highest paid Frenchman in KB
Didier Colin responsible for the risk area. But he hit me. While in 2022 he spent a total of just under K 12.6 million, this time he was lucky 13.1 million K.

Estonian Margus Simsonhe is currently the best-paid manager of the bank with a total income of 11.8 million K. Two years ago, he was valued at 10.8 million K. For the other members of the board of directors, the total income did not exceed 9 million K. Miroslav Hirl and David Formnek each won K8.8 million, Jitka Haubov then less than 8.5 million K.

In 2023, the stylish board of directors of KB thus drank a total of 74.5 million kroner. Although, for example, over the last two years, the remunerations have increased by more than a fifth, the management of KB has again paid relatively little, not, for example, the bank’s board of directors COIN. We wrote about his resignation in the link The General Meeting of Bank MONETA today, in addition to the dividend, will also approve 105 million crowns for management

KB in total, it paid out roughly 2 mil. to the management. So if we include the relatively unremarkable, and in comparison with the competition just below average, remuneration set for members of the supervisory board. For example, the chairman of the supervisory board, Giovanni Luca Soma, took 866,000. K. Considering that he is an employee of the parent Societe Generale, the bonus was paid by the French bank itself. Similar to the other two, only the supervisory board. The rewards only otherwise ranged up to 350,000. To, respectively Petra Wendelov, deputy chairwoman of the supervisory board, received less than 650,000 TO.

Stocks KB on the third day before the general meeting, they closed by about nine percent at 872 K. That is, back near the 2-year high they reached in the middle of the month.