macquarie.com.au  Macquarie Group Limited and its subsidiaries  2014 Annual Financial Report  continued  Glossary  Environmental Management  Plan (EMP)  Macquarie's internal framework of actions and targets to manage and reduce the environmental impact of  its direct operations. The Plan covers Macquarie's corporate offices and associated corporate activities  such as travel and procurement  EPS  earnings per share  ERL  Equity Risk Limit  ESP  Macquarie Group Employee Share Plan  ESG  Environmental, Social and Governance  Executive Key Management  Personnel – (Executive KMP)  Members of the Executive Committee of Macquarie Group Limited  FICC  Fixed Income, Currencies and Commodities  FIRB  Foundation Internal Ratings Based Approach  Funds  Macquarie-managed funds  GRI  Global Reporting Initiative  IAD  Internal Audit Division  IASB  International Accounting Standards Board IFRS  International Financial Reporting Standards IPO  initial public offering  LGBTI  Lesbian Gay Bisexual Transgender and Intersex  Key Management Personnel  (KMP)  all Voting Directors and members of the Executive Committee of Macquarie Group Limited M & A  mergers and acquisitions  Macquarie Bank, MBL  Macquarie Bank Limited ABN 46 008 583 542 Macquarie Board, the Board  the Board of Voting Directors of Macquarie Group Limited  Macquarie CPS  Macquarie Convertible Preference Securities Macquarie ECS, ECS  Macquarie Exchangeable Capital Securities  Macquarie ordinary shares  Macquarie Group Limited fully paid ordinary shares Macquarie, MGL, Macquarie  Group or Group  Macquarie Group Limited and its subsidiaries Macquarie PMI  Macquarie Preferred Membership Interests  MAFM  Macquarie Agricultural Funds Management  Malus  the discretion of the Board (from 2012) to reduce or eliminate unvested profit share amounts where it  determines that an employee's action or inaction has caused Macquarie significant reputational harm,  caused a significant or unexpected financial loss or caused Macquarie to make a material financial  restatement  Management  Macquarie senior management  MBEDSAP  Macquarie Bank Executive Director Share Acquisition Plan MBL  Macquarie Bank Limited MBSSAP  Macquarie Bank Staff Share Acquisition Plan  MCN  Macquarie Group Capital Notes  MEL Macro-Economic-Linkages  MEREP  Macquarie Group Employee Retained Equity Plan  MFG  Macquarie Funds Group  MGEDSAP  Macquarie Group Executive Director Share Acquisition Plan  MGESOP  Macquarie Group Employee Share Option Plan  MGL  Macquarie Group Limited ABN 94 122 169 279  MGSSAP  Macquarie Group Staff Share Acquisition Plan  MIP  Macquarie Infrastructure Partners Inc.  MIPS  Macquarie Income Preferred Securities  MIRA  Macquarie Infrastructure and Real Assets  MIS  Macquarie Income Securities  MPPM  Macquarie Private Portfolio Management  MSG  Macquarie Securities Group  226 