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Remuneration of the members of the Supervisory Board

Company > Investor Relations > Remuneration of the members of the Supervisory Board

REMUNERATION OF THE MEMBERS OF THE SUPERVISORY BOARD

The currently applicable remuneration regulations for the Supervisory Board are set out in Article 17 of the Articles of Association of Alexanderwerk AG. It goes back to a resolution of the Annual General Meeting on October 30, 2008.

The Executive Board and Supervisory Board submitted a proposed resolution to the Annual General Meeting on July 1, 2021 in accordance with § 113 AktG (Stock Corporation Act) on the adjustment of the remuneration of Supervisory Board members and an amendment to § 17 of the Articles of Association. The system of compensation for Supervisory Board members submitted to the Annual General Meeting and the proposed amendment to § 17 of the Articles of Association were rejected by a majority of 60.31% of the valid votes cast. The counter-proposal submitted by one shareholder was also rejected by a majority of 60.13%.

Section 17 of the Articles of Association will not be revised, so the provisions of the resolution of the Annual General Meeting of October 30, 2008 remain applicable.

The voting results of the Annual General Meeting on July 1, 2021 can be found here.