HC-5.5.2

Past version: Effective from 01 Jul 2014 to 31 Mar 2015
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The Board of Directors' remuneration must be capped so that total remuneration (excluding sitting fees) must not exceed 5% of the bank's net profit, after all the required deductions outlined in Article 188 of the Company Law, in any financial year, notwithstanding the requirements of shareholders' approval.

Amended: July 2014
Added: January 2014