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 2019/20, 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

 

Chairman of the Supervisory Board

Vice Chairman

Committee chairpersons1

Committee members1

Members of the Supervisory Board

1

With a minimum of 2 meetings/resolutions.

The relevant individual amounts for financial year 2019/20 are as follows:

Remuneration of members of the Supervisory Board for financial year 2019/20 pursuant to §13 of the Articles of Association1

Financial year

Multiplier

Fixed
remuneration

Jürgen Steinemann, Chairman

2018/19

240,000

2019/20

240,000

Werner Klockhaus, Vice Chairman (until 25 June 2020)

2018/19

160,000

2019/20

120,000

Xaver Schiller, Vice Chairman (since 20 July 2020)

2018/19

120,000

2019/20

|

130,000

Marco Arcelli (since 22 January 2020)

2018/19

-

0

2019/20

|

70,000

Stefanie Blaser

2018/19

80,000

2019/20

|

90,000

Herbert Bolliger

2018/19

80,000

2019/20

|

90,000

Gwyn Burr

2018/19

120,000

2019/20

120,000

Thomas Dommel

2018/19

120,000

2019/20

120,000

Prof. Dr. Edgar Ernst

2018/19

160,000

2019/20

160,000

Dr. Florian Funck (until 7 December 2019)

2018/19

120,000

2019/20

30,000

Michael Heider

2018/19

80,000

2019/20

|

90,000

Udo Höfer (since 17 July 2020)

2018/19

0

2019/20

20,000

Peter Küpfer

2018/19

80,000

2019/20

80,000

Rosalinde Lax (since 17 July 2020)

2018/19

0

2019/20

20,000

Susanne Meister (until 25 June 2020)

2018/19

80,000

2019/20

60,000

Dr. Angela Pilkmann (until 25 June 2020)

2018/19

80,000

2019/20

60,000

Dr. Fredy Raas

2018/19

120,000

2019/20

120,000

Eva-Lotta Sjöstedt

2018/19

80,000

2019/20

80,000

Dr. Liliana Solomon

2018/19

120,000

2019/20

|

113,333

Alexandra Soto

2018/19

120,000

2019/20

80,000

Manuela Wetzko (since 17 July 2020)

2018/19

0

2019/20

20,000

Angelika Will

2018/19

80,000

2019/20

80,000

Manfred Wirsch

2018/19

80,000

2019/20

80,000

Silke Zimmer

2018/19

80,000

2019/20

80,000

Total2

2018/19

 

2,200,000

2019/20

 

2,153,333

1

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

2

Reported figures for financial year 2018/19 relate to active members of the Supervisory Board in financial year 2019/20.

In financial year 2019/20, 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 2019/201

Financial year

Werner Klockhaus

2018/19

10,075

2019/20

9,300

Thomas Dommel

2018/19

4,500

2019/20

4,500

Michael Heider

2018/19

6,000

2019/20

6,000

Rosalinde Lax

2018/19

6,000

2019/20

6,000

Xaver Schiller

2018/19

9,000

2019/20

9,000

Manuela Wetzko

2018/19

6,000

2019/20

6,000

Manfred Wirsch

2018/19

6,000

2019/20

6,000

Total

2018/19

47,575

2019/20

46,800

1

Plus potentially applicable value added tax.

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.

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