Compensation of Executive Board members for financial year 2015 according to GAS 17

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

in accordance with GAS 17
EUR thousand

  

Thomas Ebeling
CEO
since 03/01/2009

  

Dr. Gunnar Wiedenfels
CFO
since 04/01/2015

  

Conrad Albert
Executive Board member
for Legal, Distribution &
Regulatory Affairs
since 10/01/2011

  

Dr. Christian Wegner
Executive Board member
for Digital & Adjacent
since 10/01/2011

 

  

2015

  

2014

  

2015

  

2014

  

2015

  

2014

  

2015

  

2014

1

Includes lease payments for use of company car and insurance premiums (excluding D&O). Fringe benefits for Thomas Ebeling include benefits for home flights and drive services.

2

Individual adjustment of the number of granted performance share units by the Supervisory Board in the amount of 17.5 percentage points in accordance with the plan conditions and adjustment of the number of granted performance share units to protect against dilution for a superdividend (1.23) and adjustment of the conversion factor (102.7%) measured as of December 31, 2015.

3

One-off special payment in financial year 2014 by the former indirect majority shareholder Lavena 3 S.à r.l. on the sale of all its indirectly held shares in the Company.

4

Defined benefit obligation (DBO) as of December 31 of the reporting year.

5

Axel Salzmann left the Executive Board effective March 31, 2015; his employment contract ended effective March 31, 2015. The fixed and annual variable compensation shown relates to January to March 2015, the pension obligations relate to the entire financial year 2015.

6

Heidi Stopper left the Executive Board effective September 30, 2014; her employment contract ended effective March 31, 2015. The fixed and annual variable compensation shown relates to January to September 2014, the pension obligations relate to the entire financial year 2014.

Fixed compensation

  

1,000.0

  

1,000.0

  

382.5

  

–

  

575.0

  

543.8

  

700.0

  

700.0

Fringe benefits1

  

92.2

  

59.1

  

8.4

  

–

  

10.0

  

9.7

  

15.4

  

18.7

Total fixed compensation

  

1,092.2

  

1,059.1

  

390.9

  

–

  

585.0

  

553.5

  

715.4

  

718.7

Annual variable compensation

  

1,530.0

  

1,980.0

  

329.1

  

–

  

472.5

  

569.1

  

777.0

  

1,125.0

Multi-year variable compensation without third-party compensation

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Group Share Plan (2012 – 2015)2

  

488.7

  

–

  

–

  

–

  

391.0

  

–

  

391.0

  

–

Group Share Plan (2014 – 2017)

  

–

  

1,000.0

  

 

  

–

  

–

  

800.0

  

–

  

800.0

Group Share Plan (2015 – 2018)

  

1,000.0

  

–

  

800.0

  

–

  

800.0

  

–

  

800.0

  

–

Total variable compensation

  

3,018.7

  

2,980.0

  

1,129.1

  

–

  

1,663.5

  

1,369.1

  

1,968.0

  

1,925.0

Total compensation excl. third-party

  

4,110.9

  

4,039.1

  

1,520.0

  

–

  

2,248.5

  

1,922.6

  

2,683.4

  

2,643.7

compensation Multi-year variable third-party compensation3

  

–

  

23,460.2

  

–

  

–

  

–

  

8,531.0

  

–

  

10,663.7

Total compensation incl. third-party compensation

  

4,110.9

  

27,499.3

  

1,520.0

  

–

  

2,248.5

  

10,453.6

  

2,683.4

  

13,307.4

Increase of pension obligation (DBO)

  

1,993.2

  

2,404.8

  

79.8

  

–

  

225.1

  

160.6

  

585.8

  

209.8

thereof entitlements from deferred compensation

  

1,766.7

  

2,125.1

  

26.0

  

–

  

124.6

  

5.7

  

479.0

  

–

Amount of pension obligation (DBO)4

  

8,834.5

  

6,841.2

  

79.8

  

–

  

568.5

  

343.3

  

928.5

  

342.7

thereof entitlements from deferred compensation

  

7,453.8

  

5,687.1

  

26.0

  

–

  

155.5

  

31.0

  

479.0

  

–

 

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

in accordance with GAS 17
EUR thousand

  

Dr. Ralf Schremper
Chief Strategy and
Investment Officer
since 04/01/2015

  

Axel Salzmann5
CFO
until 03/31/2015

  

Heidi Stopper6
Chief Human Resources
Officer
until 09/30/2014

  

Total

 

  

2015

  

2014

  

2015

  

2014

  

2015

  

2014

  

2015

  

2014

Fixed compensation

  

382.5

  

–

  

168.8

  

675.0

  

–

  

375.0

  

3,208.8

  

3,293.8

Fringe benefits1

  

8.6

  

–

  

5.0

  

19.8

  

–

  

6.5

  

139.6

  

113.8

Total fixed compensation

  

391.1

  

–

  

173.8

  

694.8

  

–

  

381.5

  

3,348.4

  

3,407.6

Annual variable compensation

  

280.3

  

–

  

183.9

  

855.0

  

–

  

327.8

  

3,572.8

  

4,856.9

Multi-year variable compensation without third-party compensation

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

Group Share Plan (2012 – 2015)2

  

–

  

–

  

–

  

–

  

–

  

–

  

1,270.7

  

–

Group Share Plan (2014 – 2017)

  

–

  

–

  

–

  

800.0

  

–

  

800.0

  

 

  

4,200.0

Group Share Plan (2015 – 2018)

  

800.0

  

–

  

–

  

–

  

–

  

–

  

4,200.0

  

–

Total variable compensation

  

1,080.3

  

–

  

183.9

  

1,655.0

  

–

  

1,127.8

  

9,043.5

  

9,056.9

Total compensation excl. third-party

  

1,471.4

  

–

  

357.7

  

2,349.8

  

–

  

1,509.3

  

12,391.9

  

12,464.5

compensation Multi-year variable third-party compensation3

  

–

  

–

  

–

  

12,796.5

  

–

  

4,265.5

  

–

  

59,716.9

Total compensation incl. third-party compensation

  

1,471.4

  

–

  

357.7

  

15,146.3

  

–

  

5,774.8

  

12,391.9

  

72,181.4

Increase of pension obligation (DBO)

  

58.3

  

–

  

202.2

  

221.8

  

–

  

104.4

  

3,144.5

  

3,101.5

thereof entitlements from deferred compensation

  

–

  

–

  

–

  

–

  

–

  

–

  

2,396.3

  

2,130.8

Amount of pension obligation (DBO)4

  

58.3

  

–

  

1,047.3

  

845.1

  

–

  

184.5

  

11,516.8

  

8,556.9

thereof entitlements from deferred compensation

  

–

  

–

  

–

  

–

  

–

  

–

  

8,114.4

  

5,718.1