Share Ownership (1)
Total Value of Common Shares ($)
Total Value of Common Shares/RSUs/PSUs ($)
Minimum Value Under Guidelines ($)
Total Value of RSUs ($)
Total Value of PSUs (2) ($)
Required Multiple of Base Salary
Meets Guidelines
Actual Multiple
✓
4,474,211
-
1,955,489
6,429,700
4,100,000
5
7.8
(1) Share ownership data is disclosed as at October 31, 2023. As such, the information noted above may not align with the information that is provided for Mr. Fowler in the “ Your Director Nominees ” section on page 7, which is provided as of January 29, 2024. (2) Total Value of PSUs includes the PSUs granted in fiscal 2021 and vested on October 31, 2023, and are valued using a 100% performance multiplier applied to $27.48, the closing price of CWB common shares on the TSX on October 31, 2023, for the purposes of determining compliance with minimum share ownership requirements.
Other Equity Holdings – Stock Options (1)
Unexercisable
Exercisable
(#)
In-the-Money Value ($)
(#)
In-the-Money Value ($)
Total ($)
173,851
270,499
197,497
-
270,499
(1) Stock option data is disclosed as at October 31, 2023.
OTHER NAMED EXECUTIVE OFFICERS
2023 COMPENSATION
Highlights of each NEO’s performance regarding individual strategic initiatives and leadership goals are provided in the following pages. The HR Committee reviewed the base salaries of senior executives in 2023 and general increases were awarded for market alignment, and in some cases, to reflect the expanded oversight responsibilities of the executive. In December 2022, the HR Committee determined the 2023 LTIP awards for NEOs, making all grants for fiscal 2023 at target levels for all NEOs.
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