Expert Corporate Governance Service (ECGS)
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Merlin Entertainments - AGM 03 May 2019

Item 3: Approve the Remuneration Report

The remuneration structure is satisfactory.  Pay is sufficiently oriented toward the long-term, though accelerated vesting is possible. The quantum is not excessive either in terms of potential maximums or actual pay during the year.  Disclosure is good.  We recommend shareholders vote in favor.

Merlin Entertainments PLC

Merlin Entertainment is a visitor attraction operator. Co. delivers two types of visitor experiences that it manages across three Operating Groups. Co.'s Midway Attractions operating group is primarily indoor attractions located in city centres, resorts or shopping malls, providing visits of shorter duration. Co.'s Theme Parks are outdoor attractions providing accommodation, rides, shows and interactive experiences around a central theme. They are managed in two Operating Groups: LEGOLAND Parks and Resort Theme Parks. LEGOLAND Parks are targeted at families with younger children and have LEGO as the central theme. Resort Theme Parks are targeted at families, teenagers and young adults.


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