Unilever PLC (ULVR.LN) Chief Executive Paul Polman was paid EUR2.9 million before share gains for fiscal 2010, the consumer goods and healthcare giant said Friday.

The figure, which includes base salary, bonus, benefits and other payments, but excludes stock options, fell from EUR3.1 million in the previous year, according to the company's annual report.

Last month, the world's third-largest maker of branded household products posted a jump in profits driven by sales and volume gains in emerging markets, but warned mature economies remain sluggish and escalating commodity prices are putting pressure on margins.

The Anglo-Dutch maker of Ben & Jerry's ice cream, Knorr soup and Bertolli olive oil spreads and household products such as Dove, Lynx and Cif is stepping up its investment in the face of intensified competition to build its brands in developing economies, where it records over 50% of its revenues, such as Asia, Africa, Latin America and the Middle East.

At 0946 GMT, Unilever shares were down 4 pence, or 0.2%, at 1896 pence, in a higher London market.

By Simon Zekaria, Dow Jones Newswires; +44 207 842-9410; simon.zekaria@dowjones.com
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