COMPENSATION REPORT

6. Remuneration for the year under review

	Fixed remuneration				Variable remuneration
Board of Directors	Basic remuneration 1)	Non-cash benefits	Other remuneration 2)	Total fixed 3)	Bonus 1)	Total variable	Total fixed and variable	Total previous year
Konrad Graber Chairman	275	–	20	295	–	–	295	280
Thomas Oehen-Bühlmann Vice-Chairman	91	–	21	112	–	–	112	105
Christian Arnold-Fässler Member	63	–	17	80	–	–	80	78
Monique Bourquin Member	73	–	19	92	–	–	92	86
Christina Johansson Member	62	–	21	83	–	–	83	76
Niklaus Meier Member	72	–	26	98	–	–	98	96
Alexandra Post Quillet Member	59	–	16	75	–	–	75	70
Franz Steiger Member	56	–	14	70	–	–	70	64
Diana Strebel Member	65	–	17	82	–	–	82	78
Total Board of Directors	816	–	171	987	–	–	987	933
Agricultural Council
Pirmin Furrer	6	–	1	7	–	–	7	7
Stephan Hagenbuch	7	–	–	7	–	–	7	7
Peter Hegglin	5	–	1	6	–	–	6	7
Andreas Hitz	6	–	1	7	–	–	7	7
René Schwager	7	–	–	7	–	–	7	7
Total Agricultural Council	31	–	3	34	–	–	34	35
Group Management
Urs Riedener, CEO	875	3	223	1,101	419	419	1,520	1,499
Other Members	2,498	24	763	3,285	662	662	3,947	4,215
Total Group Management	3,373	27	986	4,386	1,081	1,081 4)	5,467	5,714

1) Basic remuneration and bonuses comprise payments already made or still to be made and social security and pension contributions made by the employee.

2) Other compensation comprises all additional benefits, such as pensions, child allowances and mandatory social security contributions made by the employer that are currently paid to the Board of Directors or to the Members of Group Management directly or that will be paid to them at a later stage after the end of their employment.

3) The remuneration of the Board of Directors also includes work in the committees, in the Agricultural Council (allocation of duties, see Corporate Governance report) as well as in the two pension fund foundations. Emmi Group employees who are members of the Agricultural Council do not receive any compensation for their work on the Agricultural Council.

4) Subject to approval by the General Meeting.

Loans and credits in the year under review

No loans or credits were granted or made to members of the Board of Directors, Agricultural Council or Group Management in the year under review, and none were outstanding as at 31 December 2020. In addition, no loans or credits have been granted to former members of the Board of Directors, Agricultural Council or Group Management, or related parties of current or former members of the Board of Directors, Agricultural Council or Group Management, and none were outstanding as at 31 December 2020.