BMW Annual General Meeting 2023
ITEM 5 - SUMMARISED OVERVIEW.
APPROVAL OF THE REMUNERATION REPORT (2/2).
·
Approximately 38 % of the variable target remuneration for vesting year 2022 was linked to environmental, social or
governance targets (ESG-targets). The share of the actual variable remuneration for vesting year 2022 linked to ESG-
targets amounts to approximately 32 %.*
The share of the long-term share-based remuneration (LTI, personal cash investment amount) amounts to
approximately 51 % of the total variable remuneration for vesting year 2022.
Based on the share ownership guidelines the personal cash investment amount has to be used by the board members to
acquire BMW shares with a minimum holding period of four years.
The remuneration granted for the financial year 2022 as set out in the remuneration report includes, according to the
requirements of section 162 AktG, the performance cash plan 2020-2022 and the share-based remuneration component
(matching component) 2017, which are variable remuneration components granted for earlier vesting years (2017,
2020). The remuneration vested in the financial year 2022 is shown under section II.11 of the remuneration report (page 297
et seq. of the BMW Group Report).
The remuneration for the members of the supervisory board remained unchanged. In accordance with the articles of
association, the remuneration of the supervisory board members consists of a fixed remuneration only.
* Statements on the relative proportion of remuneration components relate to remuneration for the vesting year 2022, unless otherwise noted.
BMW - Annual General Meeting 2023 - Investor presentation - March 2023
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