Supervisory Board compensation is determined on the basis of the size of the enterprise, the duties, and responsibilities of Supervisory Board members and the economic situation of the Company. The provisions relating to Supervisory Board compensation are specified in Section 12 of the Articles of Association of Wincor Nixdorf AG, which was most recently amended on the basis of a resolution passed by the Annual General Meeting of Shareholders on January 29, 2007, and came into force upon entry in the Commercial Register on March 14, 2007. According to these provisions, the members of the Supervisory Board receive a fixed amount of €30,000 as annual compensation, payable after the end of the fiscal year. In the case of the Chairperson of the Supervisory Board, compensation is equivalent to three times the annual amount, and in the case of his/her deputy one and a half times the annual amount mentioned above. The Chairperson of the Audit Committee also receives one and a half times the annual amount of compensation. Members of the Supervisory Board whose appointment to the Board or to one of the above-mentioned functions is limited to part of the fiscal year shall receive proportionate compensation for each month commenced. In addition to annual compensation, the members of the Supervisory Board receive an attendance allowance of €3,000 per day for meetings of the Supervisory Board and of the committees to which they are appointed. If a meeting of the Supervisory Board attended by the member coincides with a meeting of one of the Supervisory Board’s committees, the attendance allowance is paid for only one such meeting.
The remuneration of individual members of the Supervisory Board of Wincor Nixdorf AG is shown in the following table:
|
|
|
|
|
|
€ |
||
|
Annual compensation |
Attendance allowances |
Total |
|||||
|
2010/2011 |
2009/2010 |
2010/2011 |
2009/2010 |
2010/2011 |
2009/2010 |
||
|
||||||||
Karl-Heinz Stiller (Chairman) |
90,000.00 |
90,000.00 |
24,000.00 |
27,000.00 |
114,000.00 |
117,000.00 |
||
Michael Schild* (Deputy Chairman) |
41,250.00 |
30,000.00 |
21,000.00 |
15,000.00 |
62,250.00 |
45,000.00 |
||
Prof. Dr. Achim Bachem |
30,000.00 |
30,000.00 |
15,000.00 |
15,000.00 |
45,000.00 |
45,000.00 |
||
Hero Brahms (Chairman of Audit Committee) |
45,000.00 |
45,000.00 |
24,000.00 |
24,000.00 |
69,000.00 |
69,000.00 |
||
Dr. Alexander Dibelius |
30,000.00 |
30,000.00 |
15,000.00 |
15,000.00 |
45,000.00 |
45,000.00 |
||
Manfred Feierabend* (up to January 24, 2011) |
15,000.00 |
45,000.00 |
6,000.00 |
27,000.00 |
21,000.00 |
72,000.00 |
||
Gabriele Feierabend-Zaljec* (since January 24, 2011) |
22,500.00 |
0.00 |
9,000.00 |
0.00 |
31,500.00 |
0.00 |
||
Walter Gunz |
30,000.00 |
30,000.00 |
15,000.00 |
15,000.00 |
45,000.00 |
45,000.00 |
||
Hans-Ulrich Holdenried (since January 24, 2011) |
22,500.00 |
0.00 |
12,000.00 |
0.00 |
34,500.00 |
0.00 |
||
Volker Kotnig* |
30,000.00 |
30,000.00 |
21,000.00 |
12,000.00 |
51,000.00 |
42,000.00 |
||
Thomas Meilwes* |
30,000.00 |
30,000.00 |
15,000.00 |
15,000.00 |
45,000.00 |
45,000.00 |
||
Dr. Bernard Motzko* (up to November 2, 2009) |
0.00 |
5,000.00 |
0.00 |
0.00 |
0.00 |
5,000.00 |
||
Martin Stamm* (since November 2, 2009) |
30,000.00 |
27,500.00 |
15,000.00 |
12,000.00 |
45,000.00 |
39,500.00 |
||
Franz Tölle* (up to January 24, 2011) |
10,000.00 |
30,000.00 |
9,000.00 |
27,000.00 |
19,000.00 |
57,000.00 |
||
Prof. Dr. Harald Wiedmann (up to January 24, 2011) |
10,000.00 |
30,000.00 |
3,000.00 |
15,000.00 |
13,000.00 |
45,000.00 |
||
Carmelo Zanghi* (since January 24, 2011) |
22,500.00 |
0.00 |
12,000.00 |
0.00 |
34,500.00 |
0.00 |
||
Total |
458,750.00 |
452,500.00 |
216,000.00 |
219,000.00 |
674,750.00 |
671,500.00 |
||
