Harmony Gold proposes raising CEO on-target incentive to 210% of guaranteed pay in FY27
HMY•Harmony Gold’s 2026 remuneration report proposes an on-target CEO incentive of 210% of guaranteed pay for FY27, within a proposed increase from 180% to 220% for FY27-FY29.
1. Proposed incentive changes
Harmony Gold’s 2026 remuneration report proposes raising CEO on-target incentives from 180% to 220% of guaranteed pay for FY27-FY29. The proposed FY27 on-target incentive is 210% of guaranteed pay.
2. Pay and incentive structure
Executive incentives remain payable 40% in cash, with 60% in deferred shares vesting annually over five years. CEO Beyers Nel earned total remuneration of ZAR 47.85 million in FY26, including a ZAR 34.09 million incentive award.
