Compensation Supervisory Board

The compensation of the members of the Supervisory Board is specified in the Memorandum and Articles of Incorporation by resolution of the General Meeting.

Under the Articles of Incorporation of the company, members of the Supervisory Board currently receive a fixed fee in addition to expenses at the end of the financial year. This fee amounts to € 75,000 for each member, three times this amount for the Chairman of the Supervisory Board, twice this amount for the Deputy Chairman of the Supervisory Board and the Chairman of the Audit Committee, 1.5 times this amount for the chairmen of other Supervisory Board committees and 1.3 times this amount for members of the Supervisory Board committees. If a member of the Supervisory Board exercises several of the aforementioned functions, he is remunerated solely according to the function with the highest remuneration. Furthermore, the members of the Supervisory Board receive an attendance fee of € 1,100 for each Meeting of the Supervisory Board and for each meeting of the Committees they attend.

Service or employment contacts with Supervisory Board members, by which they are engaged for certain activities besides their activities on the Supervisory Board, require separate and individual approval by the Supervisory Board.