Remuneration of members of the Management Board in financial year 2023/24
The total compensation of the members of the Management Board in financial year 2023/24 amounted to €12.4 million (2022/23: €16.6 million). Total compensation in financial year 2023/24 consists of the fixed salary, short-term and long-term incentives and other remuneration.
The non-share-based long-term variable remuneration (performance cash plan 2023) granted to the members of the Management Board in financial year 2023/24 is stated with the addition to the provision and amounts to €2.2 million.
In financial year 2023/24, 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 €6.2 million (2022/23: €5.9 million).
Apart from that, there are congruent, reinsured liabilities from pension provisions covered by life insurance contracts of €15.7 million towards former members of the Management Board.
Remuneration of members of the Supervisory Board
The total remuneration of all members of the Supervisory Board in financial year 2023/24 amounted to €2.4 million (2022/23: €2.4 million).
In financial year 2023/24, 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 Management Board and the Supervisory Board is presented in the remuneration report. The remuneration report and the corresponding independent auditor’s report are publicly available on the METRO website at www.metroag.de/en/about-us/corporate-governance.