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123

Telkom Integrated Report 2017

Rand

Guaranteed

package

Short-term

incentive

Long-term

incentive

Fringe and

other benefits

Total

FY2017

Total

FY2016

Executive

management team

97 994 421

57 542 795

23 595 644

21 661 733

200 794 593

167 580 855

Number of

employees

47

41

2016 emoluments per prescribed officer

Company

Remuneration*

R

Incentive bonus

R

Fringe and

other

benefits

R

Total

R

Pension –

TRF

13 percent

Rm

BC Armstrong

5 001 345

3 340 323

481 830

8 823 498

455 122

LM De Villiers

3 288 448

2 051 514

321 557

5 661 519

447 229

TE Msubo

3

1 383 071

317 475

1 700 546

107 880

GJ Rasethaba

3

1 192 156

692 669

274 338

2 159 163

89 888

AN Samuels

4 291 667

3 489 288

350 649

8 131 604

524 667

V Scarcella

3

1 430 000

1 011 458

329 038

2 770 496

111 540

IM Russell

4 153 353

3 000 011

402 977

7 556 341

323 961

MA Altman

3

1 197 396

347 857

272 522

1 817 775

124 529

IC Coetzee

1 039 819

625 000

738 597

2 403 416

78 402

J Henning

4

1 295 455

1 091 071

11 997

2 398 523

A Vitai

4

2 650 000

1 911 922

11 997

4 573 919

Total

26 922 710

17 561 113

3 512 977

47 996 800

2 263 218

2017 emoluments per prescribed officer

Company

Remuneration*

R

Incentive

bonus

R

Fringe and

other

benefits

R

LTI (vested

shares)

R

Total

R

Pension –

TRF

13 percent

Rm

BC Armstrong

5 001 345

4 249 353

11 997

1 037 264

10 299 959

319 086

LM de Villiers

3 288 448

2 681 058

11 997

3 635 999

9 617 502

447 229

AN Samuels

4 500 000

4 433 738

11 997

8 945 735

339 300

IM Russell

4 153 353

4 103 244

11 997

1 236 249

9 504 843

323 961

J Henning

1

1 900 000

594 660

96 371

921 224

3 512 255

172 841

A Vitai

5 830 000

5 777 314

11 997

11 619 311

NM Lekota

2

266 667

179 207

445 874

28 000

I Mophatlane

5 804 827

5 341 562

519 909

11 666 298

246 371

T Seopa

3 460 184

3 460 184

260 898

Total

34 204 823

27 360 137

676 265

6 830 736

69 071 961

2 137 686

Prescribed officers’ remuneration (excluding executive directors)

The aggregate remuneration, benefits paid and STIs and LTIs approved for the 2017 financial year are set out in the

following table. Executive and prescribed officers’ emoluments are set out in the financial statements in note 39.

* Remuneration has been apportioned based on the period served as prescribed officers. Comparative information has been provided for members

identified as prescribed officers.

1

Stepped down following merger of enterprise with BCX.

2

Appointed to exco 1 March 2017.

3

Ceased to be prescribed officers on 31 August 2015.

4

Appointed to exco 19 October 2015.

** Fringe and other benefits include motor car insurance and flexible allowance.

*** The pension contribution is a company contribution.

**

***

**

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