Strengths and weaknesses with current performance evaluation and reward practices:

Strengths:

Utilization of financial metrics like EBITDA for performance evaluation provides a clear and quantifiable measure of profitability.

Introduction of sustainability metrics reflects a growing emphasis on environmental responsibility and corporate social responsibility.

Weaknesses:

Overreliance on financial metrics may not capture non$-$financial aspects of performance such as customer satisfaction, employee engagement, and innovation.

Lack of specificity in long$-$term incentive plans may fail to incentivize sustained performance improvement and long$-$term value creation.

Limited transparency and independence in remuneration determination raise concerns about fairness, objectivity, and alignment with shareholder interests.