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## Report on Directors’ Remuneration 

## Remuneration Committee 

## Chairman’s overview 

The  Remuneration Committee currently consists of four non-executive Directors considered by the Board to be independent. I believe that the Directors’ biographical details, on pages 36 and 37, demonstrate that the members of the Committee bring the range of experience of large organisations and public companies, including experience in the area of senior executive remuneration, to enable the Committee to fulfil its role. 

Our main focus as a Committee is to determine and agree with the Board the Group’s policy on executive remuneration and to consider and approve salaries and other terms of the remuneration packages for the executive Directors and the Chairman. In addition, we recommend and monitor the level and structure of remuneration for senior management. We review, on an ongoing basis, the constituent elements of the Group’s remuneration policy and we oversee the preparation of this Report on Directors’ Remuneration. 

As a Committee, we focus on ensuring that CRH’s remuneration structures are fair and responsible. In considering remuneration levels for executive Directors particularly, we take into account remuneration trends across the Group, which has a diverse range of operations in 35 countries, in geographic regions which are often at different stages in the economic cycle. 

Additional details in relation to the Committee, its role and responsibilities and how it operates are included in the Remuneration Committee  section of the Corporate Governance report on page 50. The Chief Executive attends meetings except when his own remuneration is being discussed. 

In the past 12 months the Remuneration Committee  met five times. We allocated our time broadly as set out in the panel opposite. 

We considered the level of fees/salaries paid to the Chairman and the executive Directors and determined that, with effect from 1 January 2013: 

– the Chairman’s fees be restored to the level which applied in 2008; 

– the salaries paid to executive Directors be increased by between 2.6% and 3.8%. 

