Page 74 - China Mobile Limited - Annual Report 2012

China Mobile Limited
Annual Report 2012
68
Report of Directors
Emolument Policy
In order to continue to maintain the sustainable development of the Group’s competitiveness, the Group has always
emphasized the importance of recruiting, incentivizing, developing and retaining its employees, paid close attention to the
external competitiveness, internal fairness of its remuneration structure and the cost-effectiveness of remuneration and
emphasized the importance of the correlation between remuneration management and performance management.
Employees’ remuneration comprises a basic salary, a performance-based bonus and a long-term incentive scheme in the
form of share option schemes for eligible employees, details of which are set out under the paragraph headed “Share option
schemes” above.
Employee Retirement Benefits
Particulars of the employee retirement benefits of the Group are set out in note 34 to the financial statements.
Public Float
As at the date of this annual report and based on the information that is publicly available to the Company and to the
knowledge of the directors of the Company, the Company has maintained the public float prescribed under the Hong Kong
Listing Rules and agreed with the Stock Exchange.
Auditors
The Company’s auditors were KPMG for the year 2012. There has been no change in the auditors of the Company for the
past three financial years.
A resolution will be proposed at the forthcoming annual general meeting for the appointment of PricewaterhouseCoopers
and PricewaterhouseCoopers Zhong Tian CPAs Limited Company (to be renamed as PricewaterhouseCoopers Zhong Tian
LLP) as the auditors of the Company for Hong Kong financial reporting and U.S. financial reporting purposes, respectively.
By order of the Board
Xi Guohua
Chairman
Hong Kong, 14 March 2013