51 Non-executive Directors’ terms  and compensation Audited information All non-executive Directors are appointed for up to three years by the Board of Directors,  subject to any earlier requirements to stand for re-election as required by the Articles of  Association (one-third of the Directors must  stand for re-election at each AGM) and subject  to further periods of renewal. The fees for non-executive Directors in the  table below reflects two-thirds of the total  fees paid in cash and converted to US dollars.  The remaining one-third was paid in market  value shares (as approved by Shareholders)  structured as nominal price options. These are shown in the share options table below. 1) 2012 fees for Peter Tan and Chang-Bun Yoon reflect nine months and three months respectively Directors’ holdings Base salary Pensions at 31 December 2012 and fees Bonus  contribution  Other  2012 Total 2011 Total  Name and position  US$   US$   US$   US$  US$  US$  Shares Options Dr Jalal Bagherli Executive Director and CEO 513,042 450,476 55,693 27,094 1,046,305 868,743 266,679 780,015 Chris Burke Non-executive Director 84,477 – – – 84,477 83,713 15,593 3,889 Aidan Hughes Non-executive Director and Chairman of the Audit Committee 95,037 – – – 95,037 96,023 25,000 4,374 John McMonigall Non-executive Director 84,447 – – – 84,477 83,713 76,000 3,889 Gregorio Reyes Non-executive Chairman 116,156 – – – 116,156 118,182 20,000 5,347 Russ Shaw Non-executive Director and Chairman of the Remuneration and Nomination Committee 95,037 – – – 95,037 96,023 19,891 4,374 Peter Tan 1) Non-executive Director 21,119 – – – 21,119 83,713 40,000 – Peter Weber Non-executive Director 84,477 – – – 84,477 83,713 33,000 3,889 Chang-Bun Yoon 1) Non-executive Director 63,358 – – – 63,358 – – 1,850 1,157,180 450,476 55,693 27,094 1,690,443 1,513,823 496,160 807,627