Los estereotipos de género y edad y su relación con las TIC

Before his appointment as Chief Executive on 28 January 2009 Mr Queen had been awarded interests in various arrangements relating to his responsibilities as Managing Partner, Infrastructure and, before that, Managing Partner, Growth Capital.

(a) The Infrastructure Incentive Plan

The Infrastructure Incentive Plan was established to align the remuneration of infrastructure executives with both the interests of the Group and the objectives of infrastructure investors, who expect to see much of their return in the form of yield. Executives are granted a percentage interest in a bonus pool for each year, and required to invest from their own resources in shares in 3i Infrastructure plc as a condition of their award. The bonus pool comprises Advisory Fees and Performance Fees received by the Group as investment adviser to 3i Infrastructure plc. In general 50% of the participant’s share of the bonus pool is paid out shortly after the end of the year to which the fees relate, 25% a year later and 25% two years later. Mr Queen undertook to invest approximately £1 million in 3i Infrastructure plc shares over three years from 13 March 2007 (and to retain these shares for a three-year period) and has to date invested a total of £889,000. Mr Queen remains entitled to his existing participation in the Infrastructure Incentive Plan for periods to 31 March 2009 and will continue to receive payments in relation to that participation. However, following his appointment as Chief Executive, Mr Queen will not be eligible to receive further awards under this plan and will not be required to make the final instalment of the investment referred to above.

Scheme interests, being the percentage of the bonus pool in which the participant is interested

Amounts Amounts received receivable in respect in respect End of period of scheme of scheme

As at over which interests interests in Award as at Awarded 31 March interests in year future years

1 April 2008 in year 2009 may vest £’000 £’000

M J Queen

Vintage year 2007-08 16.4% 5.94% 22.34% 31.03.10 1,524 1,524

Vintage year 2008-09 – 15.5% 15.5% 31.03.10 – 1,413

Note

Amounts receivable under scheme interests are payable as follows: for vintage year 2007-08, 50% was paid in July 2008 and 25% is expected to be paid in each of July 2009 and July 2010; for vintage year 2008-09, 50% will be paid in July 2009 and 25% is expected to be paid in each of July 2010 and July 2011.

(b) Co-investment plans

Total invested to

Invested to 1 April 2008 Invested during the year 31 March 2009

£’000 £’000 £’000

M J Queen

Global Growth Co-invest 2006-08 plans 97 – 97

Scheme interests, being the percentage of the relevant pool of investments in which the participant is interested

Amounts

receivable Accrued value

End of in respect of of scheme

period over scheme interests as at As at which interests 31 March

As at Acquired 31 March interests vested in year 2009

1 April 2008 in year 2009 may vest £’000 £’000

M J Queen

Global Growth Co-invest 2006-08 plans 0.023% – 0.023% 31.07.08 Nil 30

Notes

1. Mr Queen ceased to be eligible to make any further related co-investment in the above plan with effect from 1 April 2007, following his appointment as Managing Partner, Infrastructure.

2. The accrued value of the scheme interest is calculated on the basis set out in note 5 on page 102. Accrued values can increase and decrease with investment valuations and other factors and will not necessarily lead to an actual payment to the participant.

Overview 01–12 Business review 13–32 Case studies 33–36 Financial review 37–46 Risk 47–52 Corporate responsibility 53–64 Governance 65–90 Financial statements 91–120 Portfolio and additional information 121–144

(c) Carried interest plans

Scheme interests, being the percentage of the relevant pool of investments in respect of which the participant is entitled to participate in the realised profits

Amounts

receivable Accrued value

in respect of scheme

End of of scheme interests as at As at period over interests 31 March

As at Awarded 31 March which interests vested in year 2009

1 April 2008 in year 2009 may vest £’000 £’000

M J Queen

Pan-european Growth Capital 2005-06 0.44% – 0.44% 31.03.10 342 642

Infrastructure 2005-06 0.69% – 0.69% 16.05.10 Nil 469

Primary Infrastructure 2005-06 0.53% – 0.53% 19.08.10 Nil 33

Global Growth 2006-08 plans 0.34% – 0.34% 31.03.11 Nil Nil

Notes

1. As disclosed previously, in recognition of Mr Queen’s increased focus on infrastructure investment on his appointment in 2007 as Managing Partner, Infrastructure, his level of participation in the Global Growth 2006–08 carried interest plan was cut by half, from 0.68% to 0.34% of investments. After consultation with major shareholders, it was decided that he would instead receive an exceptional payment, part of which was deferred over the three years from 2007-08 to 2009-10. The second payment as part of this arrangement, in respect of 2008-09, is set out in note 2 to the table on page 83.

2. Normally, before any payment to a participant becomes due under the carried interest plans, the Group and funds under its management must first have received back the amount of their investment in the relevant vintage together with a management charge (ranging between 1% and 2.5% per annum) and a hurdle rate of 8% per annum compound on their investment.

3. The accrued values of the scheme interests are calculated on the basis set out in note 5 on page 102. Accrued values can increase and decrease with investment valuations and other factors and will not necessarily lead to a payment to the participant.

4. Total carried interest, for all executives eligible to participate, does not exceed 15% of the relevant pool of investments made over a specific period (usually two years).

(d) Combined carried interest and co-investment plans

Scheme interests, being the percentage of the relevant pool of investments in respect of which the participant is Amounts co-invested entitled to participate in the realised profits

Amounts

receivable Accrued value

in respect of scheme

Total invested End of of scheme interests as at

Invested to 31 March As at period over interests 31 March

during the year 2009 As at Awarded Forfeited 31 March which interests vested in year 2009

£’000 £’000 1 April 2008 in year in year 2009 may vest £’000 £’000

M J Queen

Global Growth 08-10 – 0.24% 0.21% 0.03% 31.03.13 Nil Nil

India Infrastructure 07-10 – 2.43% 1.43% 1.00% 30.09.12 Nil 418

Note

In accordance with the provisions of the relevant plans, following his appointment as Chief Executive, Mr Queen forfeited a proportion of his interests in the Global Growth 08-10 and India Infrastructure 07-10 plans.

Audit

The tables in this report (including the notes thereto) on pages 83 to 90 have been audited by Ernst & Young LLP. By Order of the Board

Lord Smith of KelvinChairman, Remuneration Committee 8 May 2009

Governance

91 Overview 01–12 Business review 13–32 Case studies 33–36 Financial review 37–46 Risk 47–52 Corporate responsibility 53–64 Governance 65–90