• Compensation report
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  • Compensation report
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  • Proposals to the General Meeting
COMPENSATION REPORT

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.

5.1 Board of Directors

Approval of the total amount of fixed remuneration of the Board of Directors up to a maximum of KCHF 1,100 for financial year 2021.

Proposal to GM 2021 for full year 2021

Remuneration paid 2020 (see section 6)

Proposal to GM 2020 for full year 2020

1,100 (ceiling amount)

987  

1,030 (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 2021.

Proposal to GM 2021 for full year 2021

Remuneration paid 2020 (see section 6)

Proposal to GM 2020 for full year 2020

40 (ceiling amount)

34  

40  (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 5,500 for financial year 2022.

Proposal to GM 2021 for full year 2022

Proposal to GM 2020 for full year 2021

Fixed remuneration paid 2020 (see section 6)

Proposal to GM 2019 for full year 2020

5,500 (ceiling amount)

5,480 (ceiling amount)

4,386  

5,420 (ceiling amount)

5.4 Group Management variable remuneration

Approval of the total amount of variable remuneration of Group Management of KCHF 1,081 for financial year 2020.

Proposal to GM 2021 for full year 2020 (see section 6)

Variable remuneration 2019 paid in 2020

Proposal to GM 2020 for full year 2019

1,081

1,030

1,030