Remuneration of members of the Supervisory Board

The members of the Supervisory Board receive a fixed yearly remuneration amount in accordance with § 13 of METRO AG’s Articles of Association. In financial year 2018/19, this amounted to €80,000 per ordinary member. The value added tax payable to the respective remuneration is reimbursed to the members of the Supervisory Board in accordance with § 13 Section 5 of METRO AG’s Articles of Association.

The individual amount of Supervisory Board remuneration takes into account the duties and responsibilities of the individual members of the Supervisory Board by considering special assignments. The remuneration of the Chairman of the Supervisory Board is 3 times higher than that of an ordinary member of the Supervisory Board; that of the Vice Chairman and the chairpersons of the committees is twice as high; and that of the other members of the committees is 1.5 times higher. The remuneration for membership or chairmanship of a committee will be paid only if at least 2 meetings or other resolutions took place during the respective financial year. A member of the Supervisory Board who holds several offices at once receives remuneration for only one office; in the case of different levels of remuneration, the member receives remuneration for the most highly paid office.

Remuneration factors

 

1

With a minimum of 2 meetings/resolutions.

Chairman of the Supervisory Board

Vice Chairman

Committee chairpersons1

Committee members1

Members of the Supervisory Board

The relevant individual amounts for financial year 2018/19 are as follows:

Remuneration of members of the Supervisory Board for financial year 2018/19 pursuant to §13 of the Articles of Association1

Financial year

Multiplier

Fixed remuneration

1

Plus applicable value added tax in accordance with § 13 Section 5 of the Articles of Association.

2

Reported figures for financial year 2017/18 relate to active members of the Supervisory Board in financial year 2018/19.

Jürgen Steinemann, Chairman

2017/18

240,000

2018/19

240,000

Werner Klockhaus, Vice Chairman

2017/18

 

160,000

2018/19

 

160,000

Stefanie Blaser

2017/18

53,333

2018/19

80,000

Herbert Bolliger

2017/18

53,333

2018/19

80,000

Gwyn Burr

2017/18

 

120,000

2018/19

 

120,000

Thomas Dommel

2017/18

 /   

106,666

2018/19

 

120,000

Prof. Dr Edgar Ernst

2017/18

 

160,000

2018/19

 

160,000

Dr Florian Funck

2017/18

 

120,000

2018/19

 

120,000

Michael Heider

2017/18

80,000

2018/19

80,000

Peter Küpfer

2017/18

80,000

2018/19

80,000

Susanne Meister

2017/18

80,000

2018/19

80,000

Dr Angela Pilkmann

2017/18

80,000

2018/19

80,000

Dr Fredy Raas

2017/18

 

120,000

2018/19

 

120,000

Xaver Schiller

2017/18

 

120,000

2018/19

 

120,000

Eva-Lotta Sjöstedt

2017/18

80,000

2018/19

80,000

Dr Liliana Solomon

2017/18

 

120,000

2018/19

 

120,000

Alexandra Soto

2017/18

80,000

2018/19

/  

120,000

Angelika Will

2017/18

80,000

2018/19

80,000

Manfred Wirsch

2017/18

80,000

2018/19

80,000

Silke Zimmer

2017/18

80,000

2018/19

80,000

Total2

2017/18

 

2,093,332

2018/19

 

2,200,000

In financial year 2018/19, individual members of the Supervisory Board of METRO AG also received remuneration from the group companies for Supervisory Board mandates at group companies.

Other intra-group compensation of members of the Supervisory Board for financial year 2018/191

Financial year

 

1

Plus potentially applicable value added tax.

Werner Klockhaus

2017/18

6,200

2018/19

10,075

Thomas Dommel

2017/18

5,250

2018/19

4,500

Michael Heider

2017/18

6,000

2018/19

6,000

Xavier Schiller

2017/18

9,000

2018/19

9,000

Manfred Wirsch

2017/18

6,000

2018/19

6,000

Total

2017/18

32,450

2018/19

35,575

Beyond this, the members of the Supervisory Board were not granted any remuneration or benefits for work performed, in particular not for consulting and brokerage services, on behalf of companies of METRO in the sense of Subsection 5.4.6 of the German Corporate Code.

Governance
Statutory and factual regulatory framework for the management and supervision of a company.
Glossary