267694 EdinburghIT AR 2024 WEB - Flipbook - Page 50
48 / GOVERNANCE / THE EDINBURGH INVESTMENT TRUST PLC
DIRECTORS’ REMUNERATION REPORT / CONTINUED
In accordance with The Companies (Directors’ Remuneration Policy and Directors’ Remuneration Report) Regulations 2019,
this table has been included to show the annual percentage change over the preceding financial year by comparison to the
current financial year in respect of each Director. The Board will publish this annual percentage change cumulatively each
year going forward until there is an annual percentage change over the five financial years preceding the relevant financial
year in accordance with the new regulation. These fees exclude taxable benefits which could vary substantially as they reflect
expenses incurred whilst carrying out the Board’s duties.
The single total figure of remuneration for each Director is detailed below, with year on year changes since year ended
31 March 2021
Non–executive directors
Elisabeth Stheeman
(Chair from 21 July
2022)
Total
Steve Baldwin
Total
Patrick Edwardson
Total
% change
% change
47,100
Fees
£
Year
ended
31 March
2022
Benefits
£
Fees
£
Year
ended
31 March
2021
Benefits
£
1,448
40,063
901
27,167
228
24,967
0
18%
60%
47%
295%
9%
–%
20%
–%
37,500
240
35,000
785
31,720
0
24,967
0
7%
(69)%
10%
–%
27%
–%
3%
–%
1,039
28,500
1,620
27,167
1,226
3,515
–
7%
(35)%
5%
32%
673%
–%
–%
–%
32,867
740
24,140
741
–
–
–
–
36%
0%
–%
–%
–%
–%
–%
–%
30,500
255
4,421
–
–
–
–
–
% change
590%
–%
–%
–%
–%
–%
–%
–%
Total
9,493
–
31,500
465
30,667
320
33,416
0
–%
–%
3%
45%
(8)%
–%
26%
–%
–
–
14,307
6,819
44,000
4,887
44,000
0
–%
–%
(67)%
40%
0%
–%
0%
(100)%
–
–
–
–
10,239
289
31,000
0
–%
–%
–%
–%
(67)%
–%
3%
(100)%
–
–
–
–
8,222
0
24,967
0
–%
–%
–%
–%
(67)%
–%
3%
(100)%
187,960
3,722
177,931
11,331
179,182
6,950
186,832
–
5%
(204)%
(1)%
63%
(4)%
–%
5%
–%
% change
% change
Vicky Hastings(1)
(retired 19 July 2023)
Fees
£
Year
ended
31 March
2023
Benefits
£
30,500
Aidan Lisser (appointed
27 May 2022)
Total
Annabel TagoeBannerman (appointed
7 February 2023)
Fees
£
Year
ended
31 March
2024
Benefits
£
Total
% change
Former directors
Glen Suarez
(retired 21 July 2022)
Total
% change
Gordon McQueen
(retired 22 July 2021)
Total
% change
Maxwell Ward
(retired 22 July 2021)
Total
% change
Total
Total % change
Notes
(1) In 2021 Vicky Hastings received a one-off discretionary payment of £5,000 in recognition of her work on the change of manager in the previous year.
