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Remuneration to the members of the Board of Directors and Group Executive Board in 2015
Fixed remuneration
Other
2
Total
CHF
in cash in shares
1
Board of Directors
Hans-Peter Schwald, Chairman
– 280 000
49 800 329 800
Rainer Schmückle, Vice Chairman 190 000
–
25 000 215 000
Michael W. Pieper
– 100 000
25 239 125 239
This E. Schneider
– 130 000
29 591 159 591
Peter Spuhler
– 100 000
27 396 127 396
Ferdinand Stutz
120 000 50 000
32 310 202 310
Total
310 000 660 000
189 336 1 159 336
Fixed remuneration Variable remuneration
4
LTI
6
Other
7
Total
CHF
in cash in shares
3
in cash
in shares
5
Group Executive Board
All members
3 274 004 32 108 989 824 1 198 512 206 892 773 743 6 475 083
Thereof Martin Hirzel, CEO
668 000 32 108 225 176 315 236 70 117 148 937 1 459 574
1
The applicable share price (average trading price during the defined period, less 16% for the three-year blocking period) was CHF 182.84.
The transfer took place after deduction of applicable social security contributions and withholding taxes.
2
Other remuneration includes the employer’s portion of social insurance contributions as well as lump-sum remuneration for representation expenses.
3
The applicable share price during the defined period was CHF 174.50.
4
For the bonus calculation, the net profit has been adjusted for the settlement with the German Federal Cartel Office in the amount of CHF 31.5 million in 2015.
5
The part of the bonus opted to be paid out in shares (at least 40%) is multiplied by the factor 1.4 and then converted into shares using the
average trading price for the first ten days in January 2016 (CHF 192.10).
6
The rights allocated in April 2016 will vest end of February 2019.
7
Other remuneration includes the employer’s portion of social insurance contributions, the employer’s portion of contributions to pension funds and
other fringe benefits.
Total remuneration to the Group Executive Board in 2015 includes remuneration to Volker
Eimertenbrink (Head Business Group SAMEA until December 31, 2015), payable in 2016. Richard
Derr, who resigned from the Group Executive Board in 2015, had the bonus settled in cash.
Loans to directors or officers
No loans have been granted to members of the Board of Directors or the Group Executive Board.
Other remuneration and payments to related parties
There have been no further payments or remuneration to members of the Board of Directors or
Group Executive Board in 2016 or in 2015. In 2016, CHF 67415 (2015: CHF 86678) of fees were paid
to the law firm managed by the Chairman of the Board of Directors, for legal services provided.
119
Autoneum Financial Report 2016
Remuneration Report