The Chairman's Committee, in its capacity as a Compensation Committee, puts forward corresponding proposals. The Board of Directors also establishes guidelines for the compensation policy within the Group. In doing so, it takes into consideration the compensation policies of other organisations of comparable size and in comparable industries on the basis of publicly available information or, as necessary, studies by external experts.
Based on these guidelines, the Chairman's Committee determines the compensation for individual members of the Corporate Executive Board and informs the entire Board of Directors accordingly.
