Annual Stockholders’ Meeting 2016

Item 5

Approval of the compensation system for members of the Board of Management

Section 120, Paragraph 4, Sentence 1 of the AktG provides that the Annual Stockholders’ Meeting may pass a resolution approving the compensation system for members of the Board of Management. The last resolution on this was passed at the Annual Stockholders’ Meeting 2010. The compensation system for members of the Board of Management was modified effective January 1, 2016. It will therefore be submitted to the Annual Stockholders’ Meeting for approval this year.

The modifications of the compensation system for members of the Board of Management are described in the compensation report on 2015 under “Compensation Structure Effective January 1, 2016.” This section of the compensation report is part of the combined management report on the fiscal year 2015 and is printed in the Annual Report for 2015 starting on page 168. The Annual Report for 2015 can be accessed on the internet at www.bayer.com/stockholders-meeting and will also be available for consultation during the Meeting.

The Board of Management and Supervisory Board propose that the compensation system for members of the Board of Management be approved.

Documents relating to Item 5


Last updated: April 28, 2016 Copyright © Bayer AG
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