Item 2: Approve the Remuneration Report
The structure of remuneration is considered unsatisfactory, though remuneration is weighted toward the long term. The quantum for the year was moderate. Based on current disclosure, the loss of office payments appear acceptable. We recommend shareholders vote in favor.
ConvaTec Group is a holding company. Through its subsidiaries, Co. is a global medical products and technologies group. Co. has four franchises: Advanced Wound Care, which provides wound dressings, devices and skin care products used for the management of acute and chronic wounds; Ostomy Care, which focuses on devices, accessories and services for individuals who have a stoma; Continence and Critical Care, which provides products for people with urinary continence issues; and Infusion Devices, which develops and manufactures disposable infusion sets for the suppliers of insulin pumps for diabetes treatment and similar pumps used in continuous infusion treatments for other conditions.
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