Compensation approval
The table below shows the role of the Compensation Committee in approving compensation.
Download |
Decision on |
Proposed |
Endorsed |
Approved |
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Maximum aggregate amount of compensation of Group Board members for the next term of office1 |
Compensation Committee, Chairman of the Board of Directors, Board of Directors (to the AGM) |
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Board of Directors, AGM |
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Individual compensation of Group Board members |
Compensation Committee, Chairman of the Board of Directors2 |
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Board of Directors3 |
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Maximum aggregate amount of fixed and long-term compensation of Group EC members |
Group CEO, Board of Directors (to the AGM) |
Chairman of the Board of Directors |
Compensation Committee, Board of Directors, AGM |
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Aggregate amount of variable short-term compensation of Group EC members |
Group CEO, Board of Directors (to the AGM) |
Chairman of the Board of Directors |
Compensation Committee, Board of Directors, AGM |
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Compensation of Group CEO |
Compensation Committee, Chairman of the Board of Directors |
|
Board of Directors4 |
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Individual compensation of Group EC members (excl. Group CEO) |
Group CEO |
Chairman of the Board of Directors |
Compensation Committee4,5 |
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Short-term compensation pools and long-term incentive pools for the Group and Group EC (incl. Group CEO) |
Group CEO |
Chairman of the Board of Directors, Compensation Committee |
Board of Directors3 |