Remuneration system for the Executive Board from fiscal year 2025
With respect to the recommendations of the German Corporate Governance Code as of April 28, 2022 and the Act Transposing the Second Shareholder Rights Directive (ARUG II), the Supervisory Board comprehensively reviewed and further developed the remuneration system approved by the Annual General Meeting on May 15, 2024. The remuneration system adopted on December 13, 2024 was subsequently approved by the Annual General Meeting on May 7, 2025.The revised remuneration system applies to all members of the Executive Board of Vossloh AG in office as of January 1, 2025 and to all new appointments and re-appointments thereafter. The Annual General Meeting of May 7, 2025 approvedthe remuneration system for the Executive Board with a majority of 88,17 % of the votes cast.
Remuneration System for the Supervisory Board
With respect to the recommendations of the German Corporate Governance Code as of April 28, 2022 and the Act Transposing the Second Shareholder Rights Directive (ARUG II), the remuneration system for the Supervisory Board which is mainly determined within the Company's Articles of Incorporation was last amended in March 2023. The Annual General Meeting of May 24, 2023 adopted the remuneration system for the Supervisory Board with a majority of 99.34% of the votes cast
The Supervisory Board is responsible for advising and monitoring the Executive Board. By performing this task, the Supervisory Board contributes to the long-term development of the company and promotes the corporate strategy. The remuneration system accounts for this responsibility and the scope of activity of the Supervisory Board members. The attached overview summarizes the remuneration system for the Supervisory Board.
Remuneration Report
With respect to the recommendations of the German Corporate Governance Code as of April 28, 2022 and the Act Transposing the Second Shareholder Rights Directive (ARUG II), the remuneration system for the Supervisory Board which is mainly determined within the Company's Articles of Incorporation was last amended in March 2023. The Annual General Meeting of May 24, 2023 adopted the remuneration system for the Supervisory Board with a majority of 99.34% of the votes cast
The Supervisory Board is responsible for advising and monitoring the Executive Board. By performing this task, the Supervisory Board contributes to the long-term development of the company and promotes the corporate strategy. The remuneration system accounts for this responsibility and the scope of activity of the Supervisory Board members. The attached overview summarizes the remuneration system for the Supervisory Board.