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 of 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.
5.1Board of Directors
Approval of the total amount of fixed remuneration of the Board of Directors up to a maximum of KCHF 1,030 for financial year 2020.
|
Proposal to GM 2020 for full year 2020 |
Remuneration paid 2019 (see section 6) |
Proposal to GM 2019 for full year 2019 |
|
1,030 (ceiling amount) |
933 |
970 (ceiling amount) |
5.2Agricultural Council
Approval of the total amount of fixed remuneration of the Agricultural Council up to a maximum of KCHF 40 for financial year 2020.
|
Proposal to GM 2020 for full year 2020 |
Remuneration paid 2019 (see section 6) |
Proposal to GM 2019 for full year 2019 |
|
40 (ceiling amount) |
35 |
40 (ceiling amount) |
5.3Group Management fixed remuneration
Approval of the total amount of fixed remuneration of Group Management up to a maximum of KCHF 5,480 for financial year 2021.
|
Proposal to GM 2020 for full year 2021 |
Proposal to GM 2019 for full year 2020 |
Remuneration paid 2019 (see section 6) |
Proposal to GM 2018 for full year 2019 |
|
5,480 (ceiling amount) |
5,420 (ceiling amount) |
4,684 |
5,400 (ceiling amount) |
5.4Group Management variable remuneration
Approval of the total amount of variable remuneration of Group Management of KCHF 1,030 for financial year 2019.
|
Proposal to GM 2020 for full year 2019 (see section 6) |
Remuneration paid 2018 |
Proposal to GM 2019 for full year 2018 |
|
1,030 |
1,040 |
1,040 |