Remuneration of the supervisory board

The rules on remuneration that currently apply to the Supervisory Board were approved by the Annual General Meeting on 26 April 2018. They are set out in section 15 of the Company’s Statutes and stipulate that the members of the Supervisory Board of DEUTZ AG receive fixed annual remuneration of €40 thousand. The chairman of the Supervisory Board receives twice this amount and the deputy chairman one-and-a-half times the amount. The members of the Supervisory Board are also reimbursed for their out-of-pocket expenses and receive a fee of €1.5 thousand for each Supervisory Board meeting they attend. Members of the Human Resources Committee and members of the Audit Committee receive additional fixed annual remuneration of €12 thousand. Members of other committees, in particular members of the Nominations Committee and Arbitration Committee, receive additional fixed annual remuneration of €8 thousand. The chairman of a committee receives double this amount, and his deputy one-and-a-half times the amount. Each member of a committee also receives an attendance fee of €1.5 thousand for each committee meeting attended.

In addition, DEUTZ reimburses the members of the Supervisory Board for any VAT they incur in connection with the performance of their mandate.

The following table shows the breakdown of total remuneration paid to members of the Supervisory Board for their work as Supervisory Board members:

Total remuneration paid of the Supervisory Board

€ thousand      
  Fixed remuneration Attendance fees Total
Hans-Georg Härter
Chairman
115 46 161
Corinna Töpfer-Hartung
Chairwoman (from 26 April 2018)
67 14 81
Werner Scherer
Chairman (until 26 April 2018)
11 22 33
Sophie Albrecht (from 26 April 2018) 33 7 40
Sabine Beutert 47 24 71
Dr. Bernd Bohr (from 26 April 2018) 27 9 36
Yavuz Büyükdag (from 26 April 2018) 27 9 36
Dr. Fabian Dietrich (from 26 April 2018) 27 9 36
Hans-Peter Finken 35 13 48
Gisela Füssel (until 26 April 2018) 7 8 15
Dr.-Ing. Hermann Garbers 40 17 57
Gerhard Gehweiler (until 26 April 2018) 7 8 15
Patricia Geibel-Conrad (from 26 April 2018) 44 11 55
Göran Gummeson (until 26 April 2018) 7 7 14
Leif Peter Karlsten (until 26 April 2018) 7 5 12
Herbert Kauffmann (until 26 April 2018) 7 22 29
Alois Ludwig 48 16 64
Dr. Witich Roßmann (until 26 April 2018) 7 8 15
Ali Yener
(from 26 April 2018)
33 8 41
Total 596 263 859