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Two-Time Cash Incentive Bonus Payment Arrangement of PF2023/2024 Two-Time Cash Incentive Bonus Payment Arrangement of PF2023/2024

Two-Time Cash Incentive Bonus Payment Arrangement of PF2023/2024

17 Jan 2024

For the sake of rewarding new Platinum and above Distributors in time, Amway will further optimize the business support measures in PF2023/2024. In the new performance year, Two-Time Cash Incentive of Core Plus Incentive Program will be calculated and issued in monthly basis instead of annually. Details are as follows,

Current arrangement:

Calculate and issue after the end of each performance year.

New arrangement:

- After Distributors attained the required award of Two-Time Cash Incentive, Amway will review and verify performance in the next month. Bonus will be issued in the following month of after the award is approvedNote1.

- For Distributors who qualified for Two-Time Cash Incentive during September to November, their bonuses will be issued in mid-to-late January together with the monthly bonuses for the business month of December.


Example:

Distributor A is a new Platinum Distributor in January 2024 and qualifies to receive Two-Time Cash Incentive first year Platinum incentive. The performance will be reviewed and verified in February 2024. When the award is approved, the bonus will be issued in March 2024 together with the monthly bonuses of the business month of FebruaryNote1.

Notes:

1. During award verification, if any of the Key Performance Indicators do not meet the standard requirement, additional time for review and approval may be required. As a result, the issuance of Two-Time Cash Incentive may be postponed.

2. In addition to fulfilling the requirements of the award, Distributors must also demonstrate good business ethics and comply with the various requirements of the Amway Rules of Conduct. Otherwise, the bonuses will not be issued.

3. Amway Hong Kong reserves the right of final decision.

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