Report on Directors’ Remuneration  | continued A committee of the Chairman and the executive  Directors reviews the remuneration of the  non-executive Directors. That committee has  recommended to the Board that the fees payable  to non-executive Directors remain unchanged for  the present. However, as the fee levels have  remained unchanged since 2008, the committee  has recommended that a comprehensive review of  the current fee levels be carried out. In accordance  with the Articles of Association, shareholders set  the maximum aggregate amount of the fees  payable to non-executive Directors. The current  limit was set by shareholders at the Annual General  Meeting held in 2005. It is the Board’s policy that non-executive Directors  do not receive pensions. Executives’ External Appointments Myles Lee is a non-executive Director of IBEC  Limited (the Irish Business and Employers  Confederation). Maeve Carton is a non-executive  Director of the British and Irish Chamber of  Commerce. Neither Mr. Lee nor Ms. Carton receives  fees for carrying out these roles. Total Shareholder Return Employee share ownership The value at 31 December 2012 of €100 invested in  2002 and 2007 respectively, compared with the  value of €100 invested in the Eurofirst 300 Index and  the FTSE100 Index (which CRH joined in December  2011) is shown in graphs on the previous page. The Group also operates share participation plans  and savings-related share option schemes for  eligible employees in all regions where the  regulations permit the operation of such plans. In  total there are approximately 6,500 employees of all  categories who are shareholders in the Group.  Directors’ Remuneration 2012 2011 €000 €000 Notes Executive Directors Basic salary  3,512   3,398  Performance-related incentive plan – cash element  1,540   1,559  – deferred shares element  -  - Retirement benefits expense  1,645   1,727  Benefits 128 135 1 6,825 6,819 2 Provision for Chief Executive long-term incentive plan  460   460  Total executive Directors’ remuneration   7,285  7,279  Average number of executive Directors   4.00   4.00  Non-executive Directors Fees  557   578  Other remuneration  656  659 Total non-executive Directors’ remuneration   1,213   1,237  Average number of non-executive Directors  8.20  8.52  3 Payments to former Directors  29  47 Total Directors’ remuneration  8,527  8,563  Notes to Directors’ remuneration 1 See analysis of 2012 remuneration by individual on page 63. 2 As set out on page 58, the Chief Executive has a special long-term incentive plan tied to the achievement of  exceptional growth and key strategic goals for the five-year period 2009 to 2013 with a total maximum  earnings potential of 40% of aggregate basic salary. While accruals are made on an annual basis, there is no  commitment to any payment until the end of the five-year period.  3 Consulting and other fees paid to a number of former directors. 62 CRH