Performance management system

At the beginning of 2016, our new and aligned performance management system was launched, designed in such a way that Health & Safety and our CRISP core values are directly embedded into individual objectives. With this new system, we are convinced that we will reinforce the behaviors that will lead us to improve our business impact in the long-run while creating a strong performance mindset. This new performance management system also drives quarterly managerial discussions in order to ensure regular dialog on performance and development of people skills and competencies on an ongoing basis. At the same time, financial objectives are fully based on our external targets to ensure alignment between management and shareholder interests. Our aim is that this new approach also accelerates the development of a common company culture and increases engagement of our people and teams.