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Anglo American Annual Report 2012

Anglo American Annual Report 2012

Anglo American Annual Report 2012

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Figure 26: Response to <strong>2012</strong> AGM shareholder votingNumber of votesVote For Against Abstain Any issues raised and Company responseAdvisoryvote on 2011remunerationreport716,506,271(87%)110,627,621(13%)14,065,303 Comments from investorsat the time of the <strong>2012</strong> AGMhave led to enhanceddisclosure relating to bonusesFIGURE 27: HISTORICALCOMPARATIVE TSRPERFORMANCE GRAPHS140120100807. OTHER INFORMATIONREQUIREDThe information included in thissection has been included to ensurecompliance with the Company’scurrent disclosure obligationsunder the Large and Medium SizedCompanies and Groups (Accountsand <strong>Report</strong>s) Regulations 2008 (theRegulations). This information is notexpected to be required under therevised version of the Regulationswhich will apply to the 2013 Directors’Remuneration <strong>Report</strong>.7.1 Five-year relative TSR graphsThe top chart in Figure 27 shows theCompany’s TSR performance againstthe performance of the FTSE 100Index from 1 December 2008 to31 December <strong>2012</strong>. The FTSE 100Index was chosen as being a broadequity market index which includescompanies of a comparable size andcomplexity to <strong>Anglo</strong> <strong>American</strong>.The bottom chart in Figure 27 showsthe Company’s performance againsta weighted Sector Index comparatorgroup over the same five-year period.The Sector Index comparator groupis the same as used to measure theCompany’s performance for thepurposes of the vesting of LTIPinterests conditionally awarded in2010. This graph gives an indicationof how the Company is performingagainst the targets in place for LTIPinterests already granted, although thespecifics of the comparator companiesfor each year’s interests may vary toreflect changes such as mergers andacquisitions among the Company’scompetitors or changes to theCompany’s business mix.TSR is calculated in US dollars,and assumes all dividends arereinvested. The TSR level shownas at 31 December each year is theaverage of the closing daily TSRlevels for the five-day period up toand including that date.APPROVALThis directors’ remuneration reporthas been approved by the Board ofdirectors of <strong>Anglo</strong> <strong>American</strong> plc.Signed on behalf of the Boardof directors.Sir Philip HamptonChairman, Remuneration Committee14 February 20136040202007 2008 2009 2010 2011 <strong>2012</strong><strong>Anglo</strong> <strong>American</strong> FTSE 100 IndexSource: Thomson Datastream140120100806040202007 2008 2009 2010 2011 <strong>2012</strong><strong>Anglo</strong> <strong>American</strong> LTIP sector comparatorSource: Thomson DatastreamGovernance<strong>Anglo</strong> <strong>American</strong> plc <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong> 127

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