5. Proposals to the General Meeting
The proposed total amounts ensure the required level of entrepreneurial flexibility to be able to react to changes (additional members of the Board of Directors, Agricultural Council and Group Management; transfers in committees; extraordinary occurrences; general reserve). There is no intention to use up the full ceiling amounts. Article 29e of the Articles of Association Emmi AG provides for an additional amount of a maximum of 20 % if additional or replacement members are appointed to Group Management following approval of the fixed remuneration.
All amounts mentioned under point 5 are in KCHF.
5.1 Board of Directors
Approval of the total amount of fixed remuneration of the Board of Directors up to a maximum of KCHF 970 for financial year 2019.
|
Proposal to GM 2019 for full year 2019 |
Remuneration paid 2018 (see section 6) |
Proposal to GM 2018 for full year 2018 |
|
970 (ceiling amount) |
917 |
940 (ceiling amount) |
5.2 Agricultural Council
Approval of the total amount of fixed remuneration of the Agricultural Council up to a maximum of KCHF 40 for financial year 2019.
|
Proposal to GM 2019 for full year 2019 |
Remuneration paid 2018 (see section 6) |
Proposal to GM 2018 for full year 2018 |
|
40 (ceiling amount) |
25 |
36 (ceiling amount) |
5.3 Group Management fixed remuneration
Approval of the total amount of fixed remuneration of Group Management up to a maximum of KCHF 5,420 for financial year 2020.
|
Proposal to GM 2019 for full year 2020 |
Proposal to GM 2018 for full year 2019 |
Remuneration paid 2018 (see section 6) |
Proposal to GM 2017 for full year 2018 |
|
5,420 (ceiling amount) |
5,400 (ceiling amount) |
4,661 |
4,980 (ceiling amount) |
5.4 Group Management variable remuneration
Approval of the total amount of variable remuneration of Group Management of KCHF 1,040 for financial year 2018.
|
Proposal to GM 2019 for full year 2018 (see section 6) |
Remuneration paid 2017 |
Proposal to GM 2018 for full year 2017 |
|
1,040 |
930 |
930 |