Remuneration of members of the Management Board in financial year 2021/22
The total compensation of the members of the Management Board in financial year 2021/22 amounted to €14.6 million (2020/21: €12.6 million). Total compensation in financial year 2021/22 consists of the fixed salary, short-term and long-term incentives as well as other remuneration.
The share-based long-term variable remuneration (performance cash plan) granted to the members of the Management Board in financial year 2021/22 is recognised at fair value and amounts to €4.0 million (2020/21: €3.0 million).
In financial year 2021/22, no credit lines were granted to members of the Management Board, nor were there any credit agreements from previous years.
Total remuneration of former members of the Management Board
The total compensation of the former members of the Management Board amounted to €4.1 million (2020/21: €0 million). The amount is fully applicable to the members of the Management Board who left in financial year 2021/22.
Apart from that, there are congruent, reinsured liabilities from pension provisions covered by life insurance contracts of €13.5 million towards former members of the Management Board.
- Further information on the remuneration of the members of the Management Board is presented in the remuneration report.
Remuneration of members of the Supervisory Board
The total remuneration of all members of the Supervisory Board in financial year 2021/22 amounted to €2.3 million (2020/21: €2.3 million).
In financial year 2021/22, no credit lines were granted to members of the Supervisory Board, nor were there any credit agreements from previous years.
- Further information on the remuneration of the members of the Supervisory Board is presented in the remuneration report.