INCENTIVE PLANS FOR KEY PERSONNEL

Share-Based Incentive for Key Individuals
Matters relating to the remuneration scheme of key individuals are prepared in the Board of Directors' Compensation and Nomination Committee. Decisions are made by the company's Board of Directors. Management incentive bonuses are determined annually based on the company's earnings per share, return on capital employed, business unit quality and process indicators as well as personal performance appraisals. The maximum bonus can be equivalent to four months' basic salary.

Around 70 key individuals of the Group belonged to the 2007-2009 share-based incentive scheme. The rewards of the scheme are based on return on capital employed and earnings per share, whose target levels are decided annually by the Board of Directors. The shares are subject to sale restrictions.