Strategic report Governance Financial statements Other information ANNUAL REPORT ON REMUNERATION CONTINUED All employees across the Group are subject to the same process in respect of annual salary reviews. Remuneration payable for the 2020 financial year (1 July 2020 to 30 June 2021) (audited) Consideration is given to the scope of each role, the level of experience, responsibility, progress in role, The remuneration received by Non-Executive Directors in 2021 is set out below. and pay levels for similar roles in comparable companies. The performance and potential of the individual is also considered. 2021 Taxable 2020 Taxable Benefits i.e. Benefits i.e. All permanent employees employed on or before 1 April of the performance year are considered for 2021 fees expenses 2021 Total 2020 fees expenses 2020 Total an annual performance bonus, or equivalent, with individual performance metrics used to determine (£) (£)4 (£) (£) (£) (£) awards and similar metrics to those used for the Executive Directors guiding the overall bonus pool. All D Oppenheimer 334,500 – 334,500 325,000 13,611 338,611 eligible employees (under the rules of the scheme) may also participate in the Group’s Save As You Earn. S Robertson1 39,833 39,833 107,500 3,112 110,612 – S Garrood2 53,950 53,950 105,000 1,543 106,543 – External Directorships of Executive Directors in the year F Clutterbuck3 30,833 30,833 90,000 1,814 91,814 – None of the Executive Directors have held any external Directorships during the year. R Perkin 100,200 100,200 90,000 3,369 93,369 – Chair and Non-Executive Director remuneration D Olley 72,000 – 72,000 70,000 594 70,594 Fees for Non-Executive Directors are structured with a base fee payable to all Non-Executive J Troiano 112,000 – 112,000 55,000 846 55,846 Directors, with additional fees paid for the role of Senior Independent Director and for the Chairs A Blance 72,166 – 72,166 NA NA NA of Board sub-committees. M Mannings 74,992 – 74,992 NA NA NA A Collins 47,793 – 47,793 NA NA NA Fees for Non-Executive Directors for the 2021 financial year are as follows: Notes Fee policy 1 Stood down 31 October 2020. 2 Stood down 31 December 2020. Fees from 1 July 2020 (£ p.a.) Fees from 1 July 2021 (£ p.a.) 3 Stood down 31 October 2020. Chair £334,500 £344,550 4 No expenses were claimed during the year due to ongoing travel restrictions as a result of COVID-19. Base fee for Non-Executives £72,000 £74,150 Non-Executive Directors received no other benefits or other remuneration other than reimbursement Senior Independent Director £15,400 £15,850 Chair of Audit Committee £20,500 £21,100 of all reasonable and properly documented travel, subsistence and other incidental expenses incurred Chair of Remuneration Committee £20,500 £21,100 in the performance of their duties and any tax and social costs arising thereon, the benefit of officers’ Chair of Risk Committee £20,500 £21,100 liability insurance and reduced fees for the use of Hargreaves Lansdown services for themselves and Chair of Nomination Committee1 £10,000 £10,000 connected persons, on the same basis as all other Hargreaves Lansdown employees. Note 1 Under current arrangements the Chair fulfils this role for no additional fee. Fees have been increased by up to 3% in line with wider workforce year end average increases. 109 Hargreaves Lansdown Report and Financial Statements 2021