BMW Annual General Meeting 2023
REMUNERATION SYSTEM FOR BOARD OF MANAGEMENT.
BONUS DETAILS.
(1) Earnings Component -,,Financial Goals"
Base
remuneration
Target
amount
☑
50%
☑
Basis:
Performance period:
1. Profit attributable to shareholders of BMW AG.
2. Group post-tax return on sales (in %).
1 year
+
Earnings factor
(max. 1.800)
Bonus
(2)
Performance Component -,,Non-Financial Goals"
Target
amount
X
50% ✓
Performance factor
(max. 1.80)
Weighting Criteria
Departmental
targets
1.
10%
Individual performance of each board member in managing the department and progress in
diversity
2.
Innovation performance (environmental)
Share-based
remuneration
3.
Develop the Company's reputation (corporate reputation, preventive activities in ensuring
compliance)
ESG-criteria
4.
Adaptability (investment in training and further education, sustainability)
50 %1,2
Inter-
(LTI)
5.
departmental
targets
Employer attractiveness
90 %
6.
Leadership performance (employee satisfaction)
7.
Expand market position
8.
Innovation performance (economic)
Further criteria
9.
Customer orientation (product, customer service quality)
40 %²
Pension plan
10.
Development of reputation (e.g. brand strength)
Fringe benefits
Performance period:
1 year; trend evaluation over 3 years
1 Within the target structure.
2 Criteria from the areas of environment, social and governance (ESG).
BMW - Annual General Meeting 2023 - Investor presentation - March 2023
=
II
Total
- 18-View entire presentation