Item 3: Approve the Remuneration ReportThe remuneration structure is satisfactory, though accelerated vesting is possible. Potential and actual total variable remuneration exceed guidelines, but not very much. They are moderate in comparison with UK market practice. Overall, the quantum during the year was not excessive. We recommend shareholders vote in favor.
Halma is a holding company. Through its subsidiaries, Co. operates in four sectors: Process Safety, which focuses on gas detection, safety interlocks, pressure relief and pipeline management; Infrastructure Safety, which focuses on fire detection, fire suppression, elevator safety, people and vehicle flow and security sensors; Medical, which focuses on ophthalmology, patient assessment, diagnostics and sensors; and Environmental and Analysis, which focuses on spectroscopy and photonics, water analysis and treatment, and environmental monitoring.
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