IMPLEMENTATION REPORT

Executive management remuneration is set out in the following table. There were no deviations from the remuneration policy approved by the Board.

	Guaranteed pay	Guaranteed pay	Medical aid contribution	Medical aid contribution	Pension fund contribution	Pension fund contribution	STI	STI	Other fees and allowances	Other fees and allowances	Total	Total
R’000	FY2018/19	FY2017/18	FY2018/19	FY2017/18	FY2018/19	FY2017/18	FY2018/19	FY2017/18	FY2018/19	FY2017/18	FY2018/19	FY2017/18
**CEO - Acting	863	0	46	0	80	0	0	0	335	0	1 325	0
*CEO	3 150	3 631	110	129	287	331	1 911	2 309	0		5 458	6 400
**CFO - Acting	2 003	1 882	100	74	185	172	972	598	690	124	3 950	2 851
COO	2 961	1 919	72	66	267	631	695	631	0	5	3 995	2 795
Group Executive: Governance and Assurance	1 656	2 150	87	123	153	200	963	1 362	2	0	2 862	3 835
Group Executive: Human Resources	2 603	2 151	56	63	234	1 377	983	1 377	45	0	3 921	3 786
Group Executive: Technical Services and Solutions	2 511	2 127	147	141	234	1 205	1 000	1 205	0	64	3 892	3 737
Group Executive: Infrastructure Asset Management	2 566	2 081	88	82	234	1 145	924	1 145	0	0	3 812	3 498
**Group Executive: Governance and Assurance – Acting	1 632	0	39	0	147	0	399	0	167	0	2 384	0
CIO	1 935	0	77	0	177	0	0	0	500	0	2 690	0
CAE	2 272	2 034	0	0	200	179	886	0	0	0	3 358	2 213
Group Executive: Business Development	2 653	2 161	0	0	234	1 194	915	1 194	0	0	3 802	3 545
Group Executive: Corporate Affairs	2 581	2 064	78	61	234	187	944	1 273	15	0	3 851	3 587
Group Executive: Airports Management	2 728	2 540	88	82	248	231	1 133	1 390	0	23	4 197	4 266
Subtotal for 12 executives	32 044	29 321	988	920	2 915	2 667	11 725	16 063	1 828	379	49 497	49 350
Senior management	171 410	149 467	8 136	7 279	15 359	13 632	34 889	42 327	3 557	6 699	233 351	219 405
Middle management	213 533	168 323	13 367	10 986	19 297	15 582	29 177	435 321	5 902	4 887	281 276	235 100
Subtotal for management	384 943	317 790	21 503	18 265	34 656	29 214	64 066	77 649	9 459	11 586	514 627	454 505
Professionals	125 336	107 258	10 020	8 339	12 840	11 329	14 092	19 047	10 256	8 939	172 544	154 911
Subtotal for professionals	125 336	107 258	10 020	8 339	12 840	11 329	14 092	19 047	10 256	8 939	172 544	154 911
Skilled and general workers	488 829	442 323	55 827	50 601	59 285	53 935	41 452	49 760	12 5709	111 088	771 102	707 707
Subtotal for skilled and general workers	488 829	442 323	55 827	50 601	59 285	53 935	41 452	49 760	12 5709	111 088	771 102	707 707
Total	1 031 152	896 692	88 338	78 125	109 696	97 145	131 335	16 2519	147 252	131 992	1 507 770	1 366 473

* B Maseko Mr B Maseko, the former CEO, entered into a five (5) year fixed term contract of employment which ended on the 18th of May 2018 and was duly extended till the 30th of November 2018. At the end of B Maseko’s term, the Board took a decision in line with the LTI scheme vesting conditions to accelerative the vesting of the allocated LTI of R 3 108 370 which is pro-rated for eight (8) months of 36 month allocation period. The pro-rated vesting amounts to R690 749, and will be paid once the performance conditions associated with the payment verified trough the external audit for the FY ending 31 March 2019. The payment shall be processed in 2019 after the outcome of the business external audit.
* * B Mbomvu – Acting CEO
* * D Kunz – Acting CFO
* * F Tshikhudo – Acting Group Executive: Governance and Assurance