Application and date of application of the remuneration system

As detailed in the remuneration system submitted to the 2022 Shareholders’ Meeting, the Supervisory Board has implemented the remuneration system. All current members of the Board of Management have service contracts based on the current remuneration system.

It should be noted that the details provided below on the remuneration system and the figures for Board of Management remuneration for 2024 and the subsequent years still include payments that result from the previous remuneration system. These concern multi-year variable remuneration components that will continue unchanged until the end of their term and be paid out. In this remuneration report, remuneration components from the former system are explicitly indicated if included in the figures.

In the 2024 financial year, there was no deviation from the components of the remuneration system that were included in the approval of the remuneration system at the 2022 Shareholders’ Meeting.