The following remuneration report also forms part of the Notes.
In accordance with Article 17 of the Articles of Association of Deutsche Post AG as adopted by the AGM, the annual remuneration of the members of the Supervisory Board comprises a fixed component, a short-term performance-related component and a performance-related component with a long-term incentive effect.
The fixed component amounts to €20,000, the short-term performance-related component to €300 for every €0.03 by which the consolidated net profit per share exceeds the amount of €0.50 in the financial year in question. In 2007, the consolidated net profit per share was €1.15 and therefore exceeded the amount of €0.50 by 21.67 x €0.03. The short-term performance-related remuneration came to 21.62% of the total remuneration of all the members of the Supervisory Board. For financial year 2007, the members of the Supervisory Board are entitled to annual performance-related remuneration with a long-term incentive effect of €300 for every 3% by which the consolidated net profit per share for financial year 2009 exceeds the consolidated net profit per share of financial year 2006. The remuneration falls due for payment at the end of the 2010 AGM. Taken individually, the two variable remuneration components may not exceed the amount of the fixed remuneration of €20,000.
The chairman of the Supervisory Board receives double the remuneration, his deputy one and half times the remuneration. The chairman of a Supervisory Board committee also receives double the remuneration, whilst a member of a committee receives one and a half times the remuneration. This does not apply for membership of the Mediation and Nomination Committee. Persons who only belong to the Supervisory Board and its committees for part of the year receive corresponding compensation on a pro rata basis. The members of the Supervisory Board are entitled to claim out-of-pocket expenses incurred in the exercise of their office. Any value-added tax on the Supervisory Board remuneration and out-of-pocket expenses is reimbursed. In addition, each member of the Supervisory Board attending a meeting receives an attendance allowance of €500 for each plenary meeting of the Supervisory Board or committee meeting. In financial year 2007, the total remuneration of the Supervisory Board, excluding the long-term performance-related remuneration, amounted to approximately €0.9 million (previous year: €1 million). The table below provides a breakdown of the remuneration:
|
Supervisory Board remuneration |
| ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
€ |
Fixed component |
Short-term performance-related remuneration |
Attendance allowance |
Total |
Value of | ||||||||
| |||||||||||||
|
Current members |
|
|
|
|
| ||||||||
|
Dr Jürgen Weber (Chair) |
70,000.00 |
22,050.00 |
6,500.00 |
98,550.00 |
0.00 | ||||||||
|
Rolf Büttner |
22,500.00 |
7,087.50 |
3,500.00 |
33,087.50 |
0.00 | ||||||||
|
Andrea Kocsis |
37,500.00 |
11,812.50 |
3,000.00 |
52,312.50 |
0.00 | ||||||||
|
Willem G. van Agtmael |
20,000.00 |
6,300.00 |
3,000.00 |
29,300.00 |
0.00 | ||||||||
|
Frank von Alten-Bockum |
20,000.00 |
6,300.00 |
3,000.00 |
29,300.00 |
0.00 | ||||||||
|
Hero Brahms |
40,000.00 |
12,600.00 |
6,500.00 |
59,100.00 |
0.00 | ||||||||
|
Marion Deutsch |
20,000.00 |
6,300.00 |
3,000.00 |
29,300.00 |
0.00 | ||||||||
|
Werner Gatzer |
40,000.00 |
12,600.00 |
7,500.00 |
60,100.00 |
0.00 | ||||||||
|
Dr Hubertus von Grünberg |
11,666.67 |
3,675.00 |
1,500.00 |
16,841.67 |
0.00 | ||||||||
|
Annette Harms |
20,000.00 |
6,300.00 |
3,000.00 |
29,300.00 |
0.00 | ||||||||
|
Helmut Jurke (until 31 December 2007) |
40,000.00 |
12,600.00 |
7,000.00 |
59,600.00 |
0.00 | ||||||||
|
Prof. Dr Ralf Krüger |
40,000.00 |
12,600.00 |
5,500.00 |
58,100.00 |
0.00 | ||||||||
|
Dirk Marx |
40,000.00 |
12,600.00 |
7,000.00 |
59,600.00 |
0.00 | ||||||||
|
Ingrid Matthäus-Maier |
20,000.00 |
6,300.00 |
2,500.00 |
28,800.00 |
0.00 | ||||||||
|
Roland Oetker |
30,000.00 |
9,450.00 |
5,500.00 |
44,950.00 |
0.00 | ||||||||
|
Silke Oualla-Weiß |
20,000.00 |
6,300.00 |
2,000.00 |
28,300.00 |
0.00 | ||||||||
|
Harry Roels |
20,000.00 |
6,300.00 |
3,000.00 |
29,300.00 |
0.00 | ||||||||
|
Franz Schierer (until 31 December 2007) |
20,000.00 |
6,300.00 |
2,500.00 |
28,800.00 |
0.00 | ||||||||
|
Prof. Dr Wulf von Schimmelmann |
8,333.33 |
2,625.00 |
1,500.00 |
12,458.33 |
0.00 | ||||||||
|
Elmar Toime |
20,000.00 |
6,300.00 |
2,000.00 |
28,300.00 |
0.00 | ||||||||
|
Stefanie Weckesser |
20,000.00 |
6,300.00 |
3,000.00 |
29,300.00 |
0.00 | ||||||||
|
Margrit Wendt |
40,000.00 |
12,600.00 |
6,000.00 |
58,600.00 |
0.00 | ||||||||
|
Total |
620,000.00 |
195,300.00 |
88,000.00 |
903,300.00 |
0.00 | ||||||||
