gregate time commitments as he also serves as Chairman of Pennon Group plc and Non-executive Director of Airbus Group SE, Carnival Corp & Carnival plc, Stichting Administratiekantoor EADS and White Ensign Association Ltd.
Item 16: Approve the Remuneration Report. The structure of remuneration is considered unsatisfactory, total variable remuneration exceeded guidelines, the salary is in the top of the peer groups and there is a potential for excessive remuneration.
As part of its asset sales program and its effort to focus on other commodities, Anglo American announced on April 10, 2017, the sale of three thermal coal operations to Seriti Resources. The deal was valued at 2.3 billion Rand (USD 166 million).