Bank of America said on Friday its board had affirmed CEO Brian Moynihan’s incentive compensation pay for 2017.

Moynihan’s 2017 equity incentive award has been raised from being $18.5 million in 2016 to $21.5 million.

In any case, he got no money reward for 2017 and his yearly base salary stays unaltered at $1.5 million, the organization said.

Moynihan’s pay includes base salary, time-based confined stock units (RSUs) and performance RSUs that will be paid just if Bank of America meets particular financial objectives.