BMW Annual General Meeting 2023
REMUNERATION SYSTEM FOR BOARD OF MANAGEMENT.
SHARE-BASED REMUNERATION DETAILS.
RoCE-factor
Base
(1)
Target
amount
× 50% × Automotive Segment
(max. 1.8)
remuneration
+
Bonus
Share-based
Remuneration
(LTI)
Pension plan
Fringe benefits
(2) Target 50% ☑ strategic focus
amount
Attainment of at least 2
targets (max. 1.8)
Personal
cash investment
amount
(max. 180%
of target amount)
Taxes and deductions
Net payout
Performance period: 1 year
FYn
Share Ownership Guideline
(obligation to buy and
hold shares)
Purchase of
BMW common stock
equivalent to 100%
of net pay out
FYn+1
Performance period (holding period): 4 years
Total performance period: 5 years ²
2
FY +2
FYn+3
FY
n+4
FY
n+5
Share performance over 4 years³
Freely
available BMW
common stock
1 Following strategic focus targets have been set for the year 2022:
(1) Reduction of CO2-fleet emissions in Europe and (2) global sales accounted for by plug-in hybrid vehicles (PHEVs) and all-electric vehicles (BEVs).
21 year for the determination of the personal investment cash amount and 4 years holding period, even if board member leaves office (including retirement).
3 Examplary illustration of price development.
BMW - Annual General Meeting 2023 - Investor presentation - March 2023
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