Mylan N.V.
`Remuneration Policy
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`The Board of Directors of Mylan N.V. (the “Company”) is comprised of
`Executive Directors and Non-Executive Directors. The compensation of the Executive
`Directors and Non-Executive Directors is determined in accordance with the principles
`set forth in this remuneration policy. This remuneration policy was adopted by the
`general meeting of shareholders of the Company on February 9, 2015.
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`The compensation for Executive Directors and Non-Executive Directors is
`designed to attract and retain highly qualified individuals, incentivize performance and
`shareholder value creation, and align compensation with performance and shareholder
`interests. The compensation program for Executive Directors and Non-Executive
`Directors may consist of some or all of the components listed below, which may be
`provided pursuant to compensatory plans, employment or other individual agreements, or
`otherwise.
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`Executive Directors
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`Base Salary
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`The Board of Directors may consider a variety of factors in establishing base
`salary for Executive Directors, including, but not limited to: individual performance,
`responsibilities, and expected future performance; Company performance; management
`structure; marketplace and peer company practices; internal equity considerations; the
`Executive Director’s experience, tenure, and leadership; and such other factors as it
`deems appropriate.
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`Short-Term Incentive Compensation
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`Short-term incentive compensation for Executive Directors may consist of awards
`that are intended to align the interests of Executive Directors and shareholders by
`providing incentives based on a set of performance, operational, financial, and/or other
`measures determined by the Board of Directors to be important to the successful
`execution of the Company’s business strategy. Executive Directors may also receive
`discretionary awards.
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`Long-Term Incentive Compensation
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`Long-term incentive compensation for Executive Directors may consist of equity-
`based compensation (e.g., stock options, stock appreciation rights, restricted stock units,
`performance-based restricted stock units, or other equity-based awards) or other
`compensation opportunities that relate to longer-term performance, operational, financial,
`and/or other measures determined by the Board of Directors to be important to the
`successful execution of the Company’s business strategy.
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`NCI Exhibit 2050
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`Other Benefits or Arrangements
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`The Company may also provide the Executive Directors with other compensation
`or benefits such as deferred compensation benefits, pension and retirement benefits,
`medical and other types of indemnification or insurance coverage, and perquisites and
`other fringe benefits. The Board of Directors may also establish other compensation
`arrangements in consideration of the best interests of the Company.
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`Non-Executive Directors
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`Non-Executive Directors may receive cash compensation consisting of an annual
`retainer, meeting fees, fees for serving as chair of a Committee of the Board of Directors,
`fees for serving on Committees of the Board of Directors, and reimbursement of expenses
`incurred in connection with their service. Non-Executive Directors may also receive
`equity-based awards to align their interests with the interests of the Company’s
`shareholders. Non-Executive Directors may also receive some or all of the compensation
`elements awarded to Executive Directors.
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`Severance or Retention Arrangements
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`Executive and Non-Executive Directors may have retention arrangements and/or
`severance entitlements with terms and conditions determined by the Non-Executive
`Directors of the Company upon the recommendation of the Compensation Committee.
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`No Loans to Directors
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`The Company does not grant any personal loans or provide guarantees for the
`indebtedness of any member of the Board of Directors, provided that reasonable and
`customary benefits shall not be prohibited.