The compensation report sets out the discretionary competence and describes the compensation paid to the members of the Board of Directors and the Group Executive Board (Executive Board pursuant to Art. 23 of the Articles of Association) and provides information on the shares they hold in Bell Food Group Ltd.
The report complies with the provisions of the Ordinance against Excessive Compensation in Listed Corporations (VegüV) and the related provisions of the Swiss Code of Obligations. It essentially follows the recommendations of the Swiss Code of Best Practice for Corporate Governance issued by economiesuisse and the Directive on Information relating to Corporate Governance (DCG) of the SIX Swiss Exchange, and also takes account of the Articles of Association, the by-laws and the regulations of the Compensation Committee of Bell Food Group Ltd.
Unless stated otherwise, the compensation report refers to the 2017 financial year. Compensation payments are recognised when they occur.
The Bell Food Group is adjusting its corporate structure to the growth experienced in the last few years and is strengthening its Group Executive Board. The meat and convenience specialist is also expanding its fresh convenience production capacity for the Ge...