Board of Management

Remuneration

The compensation of the Board of Management basically comprises four components: a fixed annual salary, a short-term incentive award on a yearly basis in relation to a target amount, a long-term incentive award for a three-year period in relation to a target amount, and a company pension plan conferring pension entitlements that increase with years of service. Remuneration in kind and other benefits are also provided, such as the use of a company car for private purposes or reimbursement of the cost of health screening examinations.

The following table shows the remuneration components of the individual members of the Board of Management in 2008.

EUR thousand	Werner Wenning	Klaus Kühn	Wolfgang Plischke	Richard Pott	Total
Base salary	794	437	437	437	2,105
Fixed supplement	344	336	181	181	1,042
Remuneration in kind and other benefits	61	36	38	33	168
Non-performance-related remuneration	1,199	809	656	651	3,315
Short-term incentive	2,105	1,305	1,044	1,044	5,498
Directly effected remuneration	3,304	2,114	1,700	1,695	8,813
Fair value of newly granted stock-based compensation as of grant date	352	240	191	191	974
Aggregate benefi ts (according to the German Commercial Code)	3,656	2,354	1,891	1,886	9,787

Details regarding the remuneration of the Board of Management can be found under Annual Report 2008.