Pay mix

Fixed remuneration: Gross Annual Pay (GAP).
Long-term incentive: refers to the bonus potential of the three-year plan.

1Pay mix in the event of underperformance with respect to the objectives linked to variable remuneration

2Pay mix in the event of performance in line with the minimum target with respect to the objectives linked to variable remuneration

3Pay mix in the event of performance at target with respect to the objectives linked to variable remuneration

4Pay mix in the event of overperformance with respect to the objectives linked to variable remuneration

PAY MIX

Pay mix assuming performance of the objectives, to which the variable remuneration is linked, below the minimum level

Fixed remuneration: 100%
Short-term incentive scheme (STI): 0%
Long-term incentive scheme (LTI): 0%

Pay mix assuming variable remuneration targets achieved at the minimum level

Fixed remuneration: 53.5%
Short-term incentive scheme (STI): 20.9%
Long-term incentive scheme (LTI): 25.7%

Pay mix assuming variable remuneration targets achieved at the target level

Fixed remuneration: 47.9%
Short-term incentive scheme (STI): 23.4%
Long-term incentive scheme (LTI): 28.7%

Pay mix assuming variable remuneration targets achieved at the maximum level

Fixed remuneration: 38%
Short-term incentive scheme (STI): 27.8%
Long-term incentive scheme (LTI): 34.2%