Page 24 - TSMC 2018 Annual Report

2 2 4 2 2 Remuneration Paid to to Directors (Note 1)
Unit: NT$
Founder and Former Chairman Morris Chang (Note 2)
Chairman Mark Liu (Note 3)
Vice Chairman C C C C Wei (Note 4)
Director F C Tseng (Note 5)
Director National Development Fund Executive Yuan Representative:
Mei-ling Chen
Independent Director Sir Peter L Bonfield
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 non-employee) to to TSMC and all consolidated entities in in in in in the the the 2018 financial statements: Advisor Fee to Dr F F C Tseng NT$9 347 601 Title/Name
Severance Pay and Pensions (B) (Note 6)
Director's Remuneration Compensation to Directors (C)
Allowances (D) (Note 7)
(A+B+C+D) as a a % of Net Income
Base Compensation (A)
From All Consolidated Entities
From All Consolidated Entities
From All Consolidated Entities
From All Consolidated Entities
From All Consolidated Entities
From TSMC From TSMC From TSMC From TSMC From TSMC 11 416 772
11 416 772
216 289
216 289
122 068 200
122 068 200
1 023 339
1 023 339
0 0 0384%
0 0 0384%
0 0 0427% 8 173 235
8 173 235
144 710
144 710
140 520 500
140 520 500
1 1 104 330
1 1 104 330
0 0 0427% - - - - - - - - - - 4 881 362
4 881 362
121 950
121 950
9 600 000
9 600 000
1 1 738 731
1 1 738 731
0 0 0 0047%
0 0 0 0047%
- - - - 9 600 000
9 600 000
- - 0 0 0 0027%
0 0 0 0027%
- - - - 14 494 240
14 494 240
- - 0 0 0 0041%
0 0 0 0041%
- - - - 12 000
000
000
000
12 000
000
000
000
- - 0 0 0 0034%
0 0 0 0034%
- - - - 14 494 240
14 494 240
- - 0 0 0 0041%
0 0 0 0041%
- - - - 12 000
000
000
000
12 000
000
000
000
- - 0 0 0 0034%
0 0 0 0034%
- - - - 14 494 240
14 494 240
- - 0 0 0 0041%
0 0 0 0041%
24 471 369
24 471 369
482 949
482 949
349 271 420
349 271 420
3 866 400
3 866 400
0 0 1077%
0 0 1077%
22 Note 1:
Note 2: Note 3:
Note 4: Note 5:
Note 6: Note 7: Note 8:
Remuneration policies standards/packages procedures the the linkage to to operating performance and and and future risk exposure: The base compensation for for the the Chairman Chairman Vice-Chairman and and and directors are determined in in in accordance with the the procedures set forth in in in TSMC’s Articles Articles of of of of of of of Incorporation Incorporation The The Articles Articles of of of of of of of Incorporation Incorporation also also provides that the the compensation compensation compensation to to to to to to to to directors directors directors directors shall shall be be no no more than 0 3% of of of of of annual profits and directors directors directors who also serve as executive officers of of of of of TSMC are not entitled to to to to to to receive compensation compensation to to to to to to directors directors directors The distribution of of of of of compensation compensation to to to to to to directors directors directors shall be made in accordance with TSMC’s “Rules for Distribution of Compensation to to Directors” Founder and Former Chairman Chairman Dr Dr Morris Chang retired after the the Annual Shareholders’ Meeting on on June June 5 5 2018 2018 Dr Mark Liu was elected by by the the the Board of of of of of Directors as as as Chairman on on on June June June 5 5 2018 The The data data of of of of of “Director's Remuneration” is is is for for the the the period period from from June June June 5 5 to to to to to December 31
The The data data of of of of of “Compensation Earned by by a a a a a a a a a a a a a Director Director Who is is an an an an an Employee of of of TSMC” is is for the the period from January 1 1 to to to June June 4 when he he he he served as as as President and and Co-CEO of of of TSMC TSMC Dr C C C C C C C C C C Wei was elected by the Board of Directors as as Chief Executive Officer (CEO) and Vice Chairman on June 5 2018 Former Vice Vice Chairman Chairman Dr F F C C C C Tseng is Director effective June June 5 5 2018 The data of “Base Compensation (A)” and and “Severance Pay and and Pensions (B)” are for the period from January 1 1 to to June June 5 5 when he he served as Vice Chairman Pensions funded according to to to applicable law In accordance with TSMC Procedure of Retirement the pension payment to to to Dr Morris Chang amounts to to to NT$76 171 995 The above-mentioned figures include include expenses for Company Company cars and gasoline reimbursement but do not include include compensation paid to to Company Company drivers (totaled NT$5 796 206) Total
remuneration paid to to the the directors from from TSMC and from from all consolidated entities in in in in 2017 2017 including their employee compensation both accounted for 0 0 0 2435% of 2017 2017 net income