Compensation of Executive Board members for financial year 2016 according to GAS 17 (Fig. 6)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in accordance with GAS 17
EUR thousand

 

Thomas Ebeling
Chief Executive
Officer — CEO
since 03/01/2009

 

Dr. Gunnar Wiedenfels
Chief Financial Officer
— CFO
From 04/01/2015
to 03/31/2017

 

Conrad Albert
External Affairs &
Industry Relations,
General Counsel
since 10/01/2011

 

Dr. Christian Wegner
Digital Ventures &
Commerce
until 12/31/2016

 

Dr. Ralf Schremper
Chief Investment
Officer — CIO
since 04/01/2015

 

 

2016

 

2015

 

2016

 

2015

 

2016

 

2015

 

2016

 

2015

 

2016

 

2015

1

Includes lease payments for use of company car and insurance premiums (excluding D&O). Dr. Gunnar Wiedenfels’ fringe benefits include additional benefits for chauffeur services. Thomas Ebeling’s fringe benefits include additional benefits for chauffeur services and flights home.

2

Individual adjustment to the number of performance share units granted by the Supervisory Board amounting to 17.5 percentage points in accordance with the terms and conditions of the plan and adjustment to the number of performance share units granted for dilution protection for a superdividend (1.23) and to the conversion factor (102.7 %) measured as of December 31, 2015.

3

To settle incentives for work performed before joining the Executive Board, Christof Wahl was allocated a one-off additional amount of 24,000 performance share units in the financial year 2016.

4

Defined benefit obligation (DBO) as of December 31 of the reporting year. Pension obligations for Dr. Christian Wegner are related to the financial years 2016 and 2017 in accordance with the termination agreement.

5

In accordance with the termination agreement from his previous executive contract, Christof Wahl received EUR 100,000 which are deducted from his fixed remuneration.

6

Axel Salzmann left the Executive Board effective March 31, 2015; his employment contract ended effective March 31, 2015. The fixed and annual variable compensation shown relates to January to March 2015, the pension obligations relate to the entire 2015 financial year.

Fixed compensation

 

1,000.0

 

1,000.0

 

510.0

 

382.5

 

725.0

 

575.0

 

700.0

 

700.0

 

510.0

 

382.5

Fringe benefits1

 

97.1

 

92.2

 

15.7

 

8.4

 

10.0

 

10.0

 

15.4

 

15.4

 

12.2

 

8.6

Total fixed compensation

 

1,097.1

 

1,092.2

 

525.7

 

390.9

 

735.0

 

585.0

 

715.4

 

715.4

 

522.2

 

391.1

Annual variable compensation

 

1,490.0

 

1,530.0

 

490.8

 

329.1

 

500.0

 

472.5

 

623.0

 

777.0

 

529.8

 

280.3

Multi-year variable compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Group Share Plan (2012 – 2015)2

 

–

 

488.7

 

–

 

–

 

–

 

391.0

 

–

 

391.0

 

–

 

–

Group Share Plan (2015 – 2018)

 

–

 

1,000.0

 

–

 

800.0

 

–

 

800.0

 

–

 

800.0

 

–

 

800.0

Group Share Plan (2016 – 2019)3

 

1,000.0

 

–

 

800.0

 

–

 

800.0

 

–

 

800.0

 

–

 

800.0

 

–

Total variable compensation

 

2,490.0

 

3,018.7

 

1,290.8

 

1,129.1

 

1,300.0

 

1,663.5

 

1,423.0

 

1,968.0

 

1,329.8

 

1,080.3

Total compensation

 

3,587.1

 

4,110.9

 

1,816.5

 

1,520.0

 

2,035.0

 

2,248.5

 

2,138.4

 

2,683.4

 

1,852.0

 

1,471.4

Increase of pension obligation (DBO)

 

537.5

 

1,993.2

 

387.5

 

79.8

 

547.9

 

225.1

 

404.1

 

585.8

 

95.1

 

58.3

thereof entitlements from deferred compensation

 

277.3

 

1,766.7

 

296.8

 

26.0

 

306.6

 

124.6

 

54.2

 

479.0

 

–

 

–

Amount of pension obligation (DBO)4

 

9,371.9

 

8,834.5

 

467.3

 

79.8

 

1,116.3

 

568.5

 

1,332.6

 

928.5

 

153.4

 

58.3

thereof entitlements from deferred compensation

 

7,731.2

 

7,453.8

 

322.8

 

26.0

 

462.2

 

155.5

 

533.2

 

479.0

 

–

 

–

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

in accordance with GAS 17
EUR thousand

 

Jan David Frouman
Content & Broadcasting
since 03/01/2016

 

Christof Wahl5
Digital Entertainment
since 05/01/2016

 

Axel Salzmann6
Chief Financial Officer
— CFO
until 03/31/2015

 

Total

 

 

2016

 

2015

 

2016

 

2015

 

2016

 

2015

 

2016

 

2015

Fixed compensation

 

462.5

 

–

 

340.0

 

–

 

–

 

168.8

 

 

 

4,247.5

 

 

 

3,208.8

Fringe benefits1

 

8.1

 

–

 

0.3

 

–

 

–

 

5.0

 

 

 

158.8

 

 

 

139.6

Total fixed compensation

 

470.6

 

–

 

340.3

 

–

 

–

 

173.8

 

 

 

4,406.3

 

 

 

3,348.4

Annual variable compensation

 

300.6

 

–

 

253.5

 

–

 

–

 

183.9

 

 

 

4,187.7

 

 

 

3,572.8

Multi-year variable compensation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Group Share Plan (2012 – 2015)2

 

–

 

–

 

–

 

–

 

–

 

–

 

 

 

–

 

 

 

1,270.7

Group Share Plan (2015 – 2018)

 

–

 

–

 

–

 

–

 

–

 

–

 

 

 

–

 

 

 

4,200.0

Group Share Plan (2016 – 2019)3

 

800.0

 

–

 

1,615.0

 

–

 

–

 

–

 

 

 

6,615.0

 

 

 

–

Total variable compensation

 

1,100.6

 

–

 

1,868.5

 

–

 

–

 

183.9

 

 

 

10,802.7

 

 

 

9,043.5

Total compensation

 

1,571.2

 

–

 

2,208.8

 

–

 

–

 

357.7

 

 

 

15,209.0

 

 

 

12,391.9

Increase of pension obligation (DBO)

 

119.0

 

–

 

57.5

 

–

 

–

 

202.2

 

 

 

2,148.6

 

 

 

3,144.5

thereof entitlements from deferred compensation

 

44.2

 

–

 

–

 

–

 

–

 

–

 

 

 

979.1

 

 

 

2,396.3

Amount of pension obligation (DBO)4

 

119.0

 

–

 

57.5

 

–

 

–

 

1,047.3

 

 

 

12,618.1

 

 

 

11,516.8

thereof entitlements from deferred compensation

 

44.2

 

–

 

–

 

–

 

–

 

–

 

 

 

9,093.5

 

 

 

8,114.4

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