Diageo caps annual long-term incentive awards at 650% of basic salary

Bitget2026/11/06 18:24

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Diageo published updated rules for its 2023 Long Term Incentive Plan, with shareholder approval of amendments dated November 5, 2026.
Annual awards are capped at 650% of basic salary per participant.
Awards normally vest after three years; executive directors face an additional two-year holding period unless grant terms specify otherwise.
Share issuance across employee share plans is limited to 10% of ordinary share capital over 10 years.
The remuneration committee can adjust vesting upward or downward, including to zero, and apply malus or clawback.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Diageo plc published the original content used to generate this news brief on November 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Diageo caps annual long-term incentive awards at 650% of basic salary

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