AIB paid out almost €3.6 million to directors in 2009, according to its annual report.
The €3.59 million bill for salaries, benefits and pensions for both executive and non-executive directors was down from €5 million in 2008.
Former chief executive Eugene Sheehy was paid a salary of €638,000 before he retired at the end of November. Benefits and pension contributions increased that sum to €892,000. In 2008, he was paid a total of €1.15 million.
His successor Colm Doherty increased his package of pay and benefits to €833,000 last year, from €822,000 the year before. However, he took over the new role at the capped salary of €500,000 late last year. In 2008, his salary was €633,000, compared to €622,000 in 2009.
Former chairman Dermot Gleeson earned €203,000 in directors' fees, and retired in June. In 2008, he was paid €475,000.
Non-executive director Sean O'Driscoll, who is also chief executive of Glen Dimplex, waived his fee in 2009. The report said he had voluntarily waived his fee for the current year, and would retire in April.
Executive chairman Dan O'Connor said the bank's financial performance over the year was "unsatisfactory". Last week, the bank reported its first loss, losing €2.65 billion for 2009 largely caused by €3.4 billion in losses on €23 billion in loans moving into Nama.