Macquarie Group Limited and its subsidiaries  2014 Annual Financial Report  macquarie.com.au  Directors’ Report  –  Remuneration Report  for the financial year ended 31 March 2014  continued  MEREP PSU Awards to KMP  80  The following tables set out details of MEREP PSU awards granted to Executive KMP.  Granted to date  Forfeited/Lapsed during  the financial year$^{(2)(3)}$  Exercised during the  financial year$^{(3)}$  Name and  position  Number  Date  Value  $A$^{(1)}$  Number  %  Value  $A$^{(4)}$  Number  exercised  Value  exercised$^{(5)}$  PSU awards  consolidation  $^{(3)(6)}$  Executive Voting Directors  N.W. Moore  82,664 15-Aug-13 3,415,676 – – – – – 4,647 120,667 15-Aug-12 2,643,814 – – – – – 6,781 159,981 15-Aug-11 3,342,003 38,396 24% 1,555,038 14,931 666,371 5,993 108,225 13-Aug-10 3,747,832  36,075 33% 1,461,038 – – 2,027 38,300 3-Mar-10 1,621,622  12,768 33%  517,104 – – – Executives  S.D. Allen  35,132 15-Aug-13 1,451,654 – – – – – 1,975 52,353 15-Aug-12 1,147,054 – – – – – 2,942 59,173 15-Aug-11 1,236,124 14,202 24% 575,181 5,522 238,219 2,217 29,906 13-Aug-10 1,035,645 9,968 33% 403,704 – – 560 T.C. Bishop  42,271 15-Aug-13 1,746,638 – – – – – 2,376 26,814 15-Aug-12 587,495 – – – – – 1,506 71,317 15-Aug-11 1,489,812 17,116 24% 693,198 6,656 291,514 2,672 A.J. Downe  56,362 15-Aug-13 2,328,878 – – – – – 3,169 107,259 15-Aug-12 2,350,045 – – – – – 6,027 113,721 15-Aug-11 2,375,632 27,294 24% 1,105,407 10,613 461,736 4,260 99,567 13-Aug-10 3,448,005 33,189  33% 1,344,155 – – 1,865 53,500 3-Mar-10 2,265,190 17,834 33% 722,277 – – – G.A. Farrell  56,362 15-Aug-13 2,328,878 – – – – – 3,168 98,321 15-Aug-12 2,154,213 – – – – – 5,525 79,027 15-Aug-11 1,650,874 18,967 24% 768,164 – – 3,375 P.J. Maher  53,629 15-Aug-12 1,175,011 – – – – – – 60,587 15-Aug-11 1,265,662 – – – – – – 36,796 13-Aug-10 1,274,245 – – – – – – 13,000 3-Mar-10 550,420 – – – – – – M. McLaughlin  13,151 15-Aug-13 543,399 – – – – – 739 15,961 15-Aug-12 349,706 – – – – – 897 N. Sorbara  35,132 15-Aug-13 1,451,654 – – – – – 1,974 S. Vrcelj$^{(7)}$  37,574 15-Aug-13 1,465,331 – – – – – 2,111 52,170 15-Aug-11 1,089,831 12,521 24% 507,101 4,869 265,068 1,954 G.C. Ward  48,283 15-Aug-13 1,995,054 – – – – – 2,714 58,737 15-Aug-12 1,286,928 – – – – – 3,301 67,462 15-Aug-11 1,409,281 16,191 24% 655,736 6,296 270,512 2,527 44,011 13-Aug-10 1,524,101 14,670 33% 594,135 – – 824 26,700 3-Mar-10 1,130,478 8,900 33% 360,450 – – – S. Wikramanayake  56,362 15-Aug-13 2,328,878 – – – – – 3,169 116,836 15-Aug-12 2,559,877 – – – – – 6,566 87,379 15-Aug-11 1,825,347 20,971 24% 849,326 8,155 356,210 3,273 24,927 13-Aug-10 863,222 8,309 33% 336,515 – – 466 11,500 3-Mar-10 486,910 3,834 33% 155,277 – – – PSUs are granted in the financial year following the year of the Company’s performance to which the grant relates. For example,  PSUs granted in August 2013 relate to the Executive KMP’s performance in the 2013 financial year.