N-2Refiled Statements - NSPI - Redacted
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Risk Management and Compensation As part of the oversight responsibilities for the design and administration of the Company's executive compensation programs, the MRCC and NSPI Board identify and discuss design features or processes that m...
AI summary The MRCC and NSPI Board oversee the design and administration of executive compensation programs to identify and discuss potential conflicts of interest or inducements for excessive risk-taking. They also monitor industry trends and conduct annual risk assessments to ensure compensation aligns with the company's risk management approach.
2025 Compensation Decisions To assist in determining the appropriate compensation ranges for base salaries, target short-term incentives and target long-term incentives for the senior executive team at the beginning of 2025, the NSPI Board...
AI summary The NSPI Board and MRCC reviewed compensation data from a comparator group of Canadian utility companies to determine appropriate compensation ranges for the senior executive team in 2025, focusing on the President and CEO role.
Base Salary As noted above, the MRCC and NSPI Board are responsible for annually reviewing the composition of the compensation the Company pays its executives, including base salary. While the MRCC and NSPI Board focus on total compensatio...
AI summary The MRCC and NSPI Board are responsible for reviewing executive compensation annually, including base salary, which is a significant component of the overall compensation package offered to executives.
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