BENCHMARKING KMP PAYMENTS

Undertaking benchmarking study for arriving at the arm’s length prices for KMP payments, that involves:

• Understanding the roles and responsibilities of the KMP to the Company and determine the search strategy and search process
• Arriving at the broad comparables from database based on the nature of roles
• Detailed review of comparables and identify final comparables based on detailed review of the facts
• Arriving at an appropriate arm’s length compensation based on final comparables selected.