MONTREAL, April 16, 2013 /CNW Telbec/ - The Canadian Press, in a dispatch published earlier this afternoon, wrongly suggests that Michael Sabia's total compensation and performance-related incentive compensation increased in 2012. The total amount of the incentive compensation (paid and co-invested) granted by the Board of Directors to Mr. Sabia is exactly the same as that granted in 2011. As Mr. Sabia's salary also remains unchanged, the total amount of his total compensation also remains the same.
ABOUT THE CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
The Caisse de dépôt et placement du Québec is a financial institution that manages funds primarily for public and private pension and insurance plans. As at December 31, 2012, it held $176.2 billion in net assets. As one of Canada's leading institutional fund managers, the Caisse invests in major financial markets, private equity, infrastructure and real estate globally. For more information: www.lacaisse.com.
SOURCE: CAISSE DE DEPOT ET PLACEMENT DU QUEBEC