BMW Annual General Meeting 2023
OVERVIEW VARIABLE TARGET REMUNERATION FOR VESTING YEAR 2022.
ESG TARGETS.
Overview of variable target remuneration 2022
Bonus
Earnings component
Approx. 23-24 %
Bonus Performance
component
approx. 23-24 %
(of which ESG targets:
50 %)
Variable target remuneration
with ESG targets
approx. 38 % in total
Share-based
remuneration
RoCE component
Approx. 26-27 %
Share-based
remuneration
Strategic
focus target
component
Approx. 26-27 %
(of which ESG
targets: 100 %)
•
Variable target remuneration for vesting year 2022:
―
Bonus and
Share-based remuneration (LTI).
Targets for the variable remuneration for vesting year 2022:
―
50% of the long term share-based remuneration (LTI) target
amount is linked to ESG targets. These comprise targets to reduce
fleet carbon emissions in the EU (E) and to increase electrified
vehicle sales (E).
50% of the bonus target amount is linked to ESG targets. These
comprise, inter alia, environmental innovation performance (E),
development of the Company's reputation (G), adaptability (ESG),
employer attractiveness (S), leadership performance (S) as well
as achievement of diversity targets (S) and preventive activities in
ensuring compliance (G).
BMW - Annual General Meeting 2023 - Investor presentation - March 2023
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