Fixed remun- eration Pay- ments in kind Total fixed remun- eration Annual variable remun- eration* Multiyear variable remuneration** Total variable remun- eration Total pay- ments 2017 & 2018 2018 & 2019 2018 450,000 22,611 472,611 165,070 (89,787) 221,457 2019 475,000 21,242 496,242 470,133 2019 min. 475,000 21,242 496,242 – 2019 max. 475,000 21,242 496,242 476,000 2018 2019 – 87,500 2019 min. 87,500 2019 max. 87,500 – 3,859 3,859 3,859 – 91,359 91,359 91,359 – 106,533 – 119,000 – – – – – – – (64,641) – – – – – – Service costs according to IFRS 2019 & 2020 – 360,286 – 296,740 769,351 207,430 765,778 1,262,020 324,919 – 496,242 324,919 616,000 1,092,000 1,588,242 324,919 – – – – – – 106,533 197,892 – 91,359 119,000 210,359 2018 550,000 16,003 566,003 235,814 (68,475) 316,367 2019 412,500 10,346 422,846 393,146 2019 min. 412,500 10,346 422,846 0 2019 max. 412,500 10,346 422,846 680,000 – – – (97,385) – – – 170,586 0 483,706 1,049,709 466,347 889,193 0 422,846 660,000 1,340,000 1,762,846 2018 450,000 12,086 462,086 165,070 (138,787) 221,457 2019 337,500 2019 min. 337,500 2019 max. 337,500 9,357 9,357 9,357 346,857 346,857 346,857 275,202 0 357,000 – – – (58,170) – – – 127,371 0 247,740 709,826 203,200 344,403 691,260 0 346,857 462,000 819,000 1,165,857 – – – – – – – – – – – € Benefits granted Oliver Schuster CEO since 10/1/2019, member of the Execu- tive Board since 3/1/2014 Dr.-Ing. Karl Martin Runge member of the Executive Board since 10/1/2019 Andreas Busemann1,2 former CEO, member of the Executive Board between 4/1/2017 and 9/30/2019 Volker Schenk1,2 former member of the Executive Board, initially appointed: 5/1/2014, appointed until 9/30/2019 1 All figures for 2019 for Mr Busemann and Mr Schenk are based on approved agreements 2 The employment contracts for Andreas Busemann and Volker Schenk expire on 3/31/2020 and 4/30/2020, respectively. * The annual variable remuneration granted for 2019 includes extra bonus allocations for extraordinary performance of €120,000 for Oliver Schuster and €19,000 for Dr.-Ing. Karl Martin Runge. ** The granting of multiyear variable remuneration is dependent on the achievement of performance targets for the period in question. Target fulfillment is mea- sured after the expiry of the multiyear period as defined in the contract. The benefits were calculated on the basis of the most likely value and recognized as a provision, provided the contract was still valid The table below shows the receipt of remuneration in the reporting year and the previous year. The paid amounts for the variable remuneration were allocated to the years in which they were received by the respective Executive Board member. Fixed remun- eration Payments in kind Total fixed remuneration Annual variable remuneration Multiyear variable remuneration Total variable remuneration Total remun- eration € Receipt Oliver Schuster CEO since 10/1/19, member of the Executive Board since 3/1/2014 2018 2019 450,000 475,000 22,611 21,242 Dr.-Ing. Karl Martin Runge Member of the Executive Board since 10/1/2019 2018 2019 – – 87,500 3,859 Andreas Busemann1 Former CEO, member of the Executive Board from 4/1/2017 until 9/30/2019 Volker Schenk1 former member of the Executive Board, initially appointed: 5/1/2014, appointed until 9/30/2019 2018 2019 550,000 412,500 2018 2019 450,000 337,500 16,003 10,346 12,086 9,357 2016 & 2017* 407,465 262,063 165,070 – – 436,570 235,814 – – – – – 2017 & 2018 – 245,632 – – – 669,528 1,142,139 410,702 906,944 – – – 91,359 436,570 1,002,573 290,902 526,716 949,563 407,465 262,063 – 669,528 1,131,614 165,070 – 196,632 361,701 708,558 472,611 496,242 – 91,359 566,003 422,846 462,086 346,857 1 The employment contracts for Andreas Busemann and Volker Schenk expire on 3/31/2020 and 4/30/2020, respectively. *Including the multiyear special bonus for the two-year period 2016 & 2017. Remuneration report 57