Report on Directors’ Remuneration  | continued Executive Director Shareholding Levels Directors’ Service Contracts  Non-executive Directors’ Remuneration The current shareholdings of the executive Directors  as a multiple of 2012 salary are as shown in the  table to right. No executive Director has a service contract, has  a notice period in excess of 12 months, or is  entitled to any benefits on termination of  employment. The  Remuneration Committee’s policy in this area is that service contracts will be  put in place for newly appointed executive  Directors and in cases where there is a significant  step change in a Director’s responsibilities.  Non-executive Directors serve under letters of  appointment, copies of which are available for  inspection at the Company’s Registered Office  and at the Annual General Meeting. The remuneration of non-executive Directors is  determined by the Board of Directors as a whole.  The  Remuneration Committee  determines the  remuneration of the Chairman within the  framework or broad policy agreed with the Board. Remuneration is set at a level which will attract  individuals with the necessary experience and  ability to make a substantial contribution to the  Company’s affairs and reflect the time and travel  demands of their Board duties. The non- executive Directors do not participate in any of  the Company’s performance-related incentive  plans or share schemes. As referred to in the overview by the Committee  Chairman, with effect from 1 January 2013, the  Chairman’s fee level will be restored to €450,000,  the level which applied in 2008 (2012: €405,000).  CRH 61 Compound TSR growth since the formation of the Group in 1970 (assuming the reinvestment of dividends) is 15.5%. 1 For the purposes of comparability, the FTSE100 Index has been converted to euro using the closing exchange rate at each year end  2 This five year TSR graph provides information on CRH’s TSR performance, which UK incorporated listed companies are required to provide under company law in that  jurisdiction (in accordance with the requirements of Schedule 8 of the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008). The  FTSE100 and Eurofirst 300 indices have been chosen as they are broadly based and CRH is a constituent member of both (FTSE100 since December 2011) Current shareholdings *  of the executive Directors * The calculation in the above table is based on shares held by the executive Directors; it excludes holdings of  unvested performance share plan awards and unexercised/unvested share options. 1.3 x 5.6 x 0.7 x 1.2 x M. Carton,  Finance Director M. Lee,  Group Chief Executive M. Towe,  Chief Executive Oldcastle, Inc. A. Manifold,  Chief Operating Officer Total executive Directors’ remuneration in 2012 Executive Director Basic salaryand benefits Annual incentive plan Retirement benefit expense Total Valueof vested share  awards * Total remuneration in 2012 €000 €000 €000 €000 €000 €000 M. Carton, Finance Director 563 183 175 921 37 958 M. Lee, Chief Executive 1,173 383 980 2,536 184 2,720 A. Manifold, Chief Operating Officer 831 266 288 1,385 125 1,510 M. Towe, Chief Executive Oldcastle, Inc. 1,073 708 202 1,983 200 2,183 *  based on a market value on the date of vesting of €15.79 per share for Directors resident in Ireland and €15.85 for Directors resident outside Ireland.  € 300 250 CRH 200 FTSE100 150 Eurofirst 300 100 50 0 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 € 120 100 80 60 40 20 0 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 TSR performance since 2007  TSR performance since 2002 