Remuneration of the supervisory board

The remuneration paid to the Supervisory Board is specified in article 15 of the Company’s Statutes. This stipulates that the members of the Supervisory Board of DEUTZ AG receive fixed annual remuneration of €22,500. They also receive a fee of €2,500 for each Supervisory Board meeting they attend and are reimbursed for their out-of-pocket expenses. The chairman of the Supervisory Board receives double these amounts, and his deputy one-and-a-half times.

In addition, each member of a Supervisory Board committee receives an attendance fee of €2,500 for each committee meeting attended. The chairman of a committee is entitled to twice this sum, his deputy to one-and-a-half times the amount.

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:

  Fixed remuneration Attendance fees Total
     
Lars-Göran Moberg (until 29 April 2015 ) Chairman until 12 March 2015 11,712 22,500 34,212
Hans-Georg Härter Chairman from 12 March 2015 40,623 62,500 103,123
Werner Scherer Deputy Chairman 33,750 56,250 90,000
Sabine Beutert 22,500 20,000 42,500
Hans-Peter Finken (from 1 February 2015 ) 20,589 10,000 30,589
Dr Ing Hermann Garbers (from 29 April 2015 ) 15,226 10,000 25,226
Göran Gummeson 22,500 15,000 37,500
Michael Haupt (until 29 April 2015 ) 7,336 7,500 14,836
Leif Peter Karlsten (from 29 April 2015 ) 15,226 10,000 25,226
Herbert Kauffmann 22,500 45,000 67,500
Alois Ludwig (from 29 April 2015 ) 15,226 10,000 25,226
Dietmar Paust 22,500 12,500 35,000
Eva Persson (until 29 April 2015 ) 7,336 2,500 9,836
Dr Witich Roßmann 22,500 12,500 35,000
Dr Herbert Vossel 22,500 12,500 35,000
Egbert Zieher (until 31 January 2015 ) 1,911 1,911
Total 303,935 308,750 612,685