Huaneng Power sets deferred, clawback-linked pay framework for directors, senior management
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Huaneng Power International has established a remuneration management system for directors and senior management, detailing pay structure, performance linkage, deferral, and clawback terms. Internal directors will receive a base salary and performance pay, with at least 50% linked to performance. Performance pay will be deferred over three years, while external non-independent directors will not receive remuneration. The policy includes clawbacks for financial restatements and misconduct.
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