Compensation of the Executive Board and Supervisory Board
System for the compensation of Executive Board members
The current system for the compensation of Executive Board members within the meaning of § 87a of the German Stock Corporation Act (AktG) was approved by the Annual General Meeting on 14 December 2021 with a majority of 96.42%. It is provided in the invitation to the Annual General Meeting of 14 December 2021 under agenda item 7.
The current system for remunerating members of the Executive Board within the meaning of Section 87a of the German Stock Corporation Act (AktG) was approved by the Annual General Meeting on August 28, 2024, with a majority of 98.48%. It is set out in the agenda for the Annual General Meeting on August 28, 2024, under item 8.
System for compensation of Supervisory Board members and provisions of the Articles of Association on compensation of the Supervisory Board
The compensation of Supervisory Board members is governed by Art. 18 of the Articles of Association. The Annual General Meeting on August 23, 2022, with a majority of 93.47% of the votes cast, amended Section 18 of the Articles of Association and adopted the compensation system for Supervisory Board members as reflected in the notice of this Annual General Meeting. The amendment to the Articles of Association has become effective and is currently in force. The notice of the Annual General Meeting on August 23, 2022, including the resolved version of § 18 of the Articles of Association and the resolved compensation system, is available with this LINK.
The Annual General Meeting of December 14, 2021, had previously confirmed, with a majority of 96.29% of the votes cast, the provision existing at that time in § 18 of the Articles of Association together with the compensation system for the members of the Supervisory Board reproduced in the notice convening this Annual General Meeting. The notice of the Annual General Meeting on December 14, 2021, including the then applicable version of § 18 of the Articles of Association and the compensation system adopted on December 14, 2021, is available with this LINK.
For further information on the amendment to the special remuneration authorization, which was resolved by the Annual General Meeting on 20 June 2023, you can view section §18 of the current Articles of Association at the following LINK.
Compensation reports pursuant to § 162 AktG
Below you will find the compensation reports pursuant to Art. 162 Stock Corporation Act (AktG)