Compensation report

Executive Board compensation for 2015

The Executive Board compensation system is geared toward sustainable, long-term management of the company. Total compensation for members of the Executive Board is set by the Supervisory Board. The compensation system for the Executive Board is also decided and regularly reviewed by the Supervisory Board. The Supervisory Board’s Human Resources Committee prepares the relevant motions for resolution by the full Supervisory Board.

The compensation for the Executive Board members for fiscal 2014 comprises

1. Fixed compensation
2. Fringe benefits
3. Variable compensation
4. Old-age pension plan.

A detailed breakdown of the Executive Board compensation for the 2015 fiscal year can be found in the HOCHTIEF Group Report.