Page 24 - 2017 TSMC Annual Report

2 2 4 2 2 Remuneration Paid to to Directors (Note 1)
Unit: NT$
Chairman Morris Chang
Vice Chairman F C Tseng
Director National Development Fund Executive Yuan (Note 2)
Representative: Mei-ling Chen
Director Mark Liu (Note 3)
Director C C C C Wei (Note 3)
Independent Director Sir Peter L Bon eld
Independent Director Stan Shih
Independent Director Thomas J Engibous
Independent Director Kok-Choo Chen
Independent Director Michael R Splinter
Total
*Other than disclosure in in in in in the the the above table Directors remunerations earned by providing providing services services (e g
g
g
g
providing providing consulting services services as a a a a a a a a a a a a a non-employee) to to TSMC and all consolidated entities in in in in in the the the 2017 nancial statements: None Director’s Remuneration Total
Remuneration (A+B+C+D) as a a a a % of 2017 Net Income
From All From From TSMC Consolidated Entities
Title/Name
Base Compensation (A)
From All From From TSMC Consolidated Entities
Severance Pay and Pensions (B) (Note 4)
From All From From TSMC Consolidated Entities
Compensation to to Directors (C)
From All From From TSMC Consolidated Entities
Allowances (D) (Note 5)
From All From From TSMC Consolidated Entities
23 006 760
23 006 760
506 504
506 504
281 884 700
281 884 700
4 4 084 839
4 4 084 839
0 0 0 0901%
0 0 0 0901%
12 12 972 120
12 12 972 120
285 586
285 586
9
600 000
9
600 000
2 2 647 286
2 2 647 286
0 0 0 0074%
0 0 0 0074%
- - - - 9
600 000
9
600 000
- - 0 0 0 0028%
0 0 0 0028%
- - - - - - - - - - - - - - - - - - - - - - - - 14 611 560
14 611 560
- - 0 0 0 0043%
0 0 0 0043%
- - - - 12 000
000
000
000
12 000
000
000
000
- - 0 0 0 0035%
0 0 0 0035%
- - - - 14 611 560
14 611 560
- - 0 0 0 0043%
0 0 0 0043%
- - - - 12 000
000
000
000
12 000
000
000
000
- - 0 0 0 0035%
0 0 0 0035%
- - - - 14 611 560
14 611 560
- - 0 0 0 0043%
0 0 0 0043%
35 978 880
35 978 880
792 090 792 090 368 919 380
368 919 380
6 732 125
6 732 125
0 0 1202%
0 0 1202%
022
Note 1:
Note Note 2: Note Note 3:
Note Note 4: Note Note Note 5: Note Note 6:
Remuneration policies standards/packages procedures procedures the the the the linkage to to to to operating performance and and and future risk exposure: The The base compensation compensation for for for the the the the Chairman Chairman Vice-Chairman and and and directors directors are determined in in in in in accordance with the the the the procedures procedures set forth in in in in in TSMC’s Articles Articles of of of of of of Incorporation Incorporation The The The Articles Articles of of of of of of Incorporation Incorporation also also provides that the the the the compensation compensation compensation compensation to to to to to to to to to to directors directors directors directors directors shall shall be be no no more than 0 3%
of of of of of of of annual pro pro pro ts and directors directors directors directors who also also serve as executive of of of of of of of cers of of of of of of of TSMC TSMC TSMC are not entitled to to to to to to to to to to receive compensation compensation compensation to to to to to to to to to to directors directors directors directors The The distribution of of of of of of of compensation compensation compensation to to to to to to to to to to directors directors directors directors shall shall be be made in in accordance with TSMC’s “Rules for Distribution of of of of Compensation to to to Directors” Ms Mei-ling Chen
replaced Mr Johnsee Lee on on on on on November 7 7 7 2017 2017 as as the the representative of of National Development Fund Dr Dr Mark Liu and Dr Dr C C C C C C C C C C Wei were elected as as as TSMC's directors directors at at at at the the the Annual Shareholders’ Meeting on on on on June 8 2017 2017 They also serve as as as executive of of of cers of of of TSMC TSMC therefore are are not entitled to to to to receive compensation to to to directors Pensions funded/paid according to to to applicable law The above-mentioned gures include include expenses for for Company Company cars and and gasoline reimbursement but do not include include compensation paid paid paid to to to to to Company Company drivers (totaled NT$6 640 379) Total
remuneration paid paid to to to to the directors from from TSMC and and from from all consolidated entities in in in in in in 2016 2016 both were NT$415 976 199 accounting for for 0 0 0 1244% of 2016 2016 net income