The remuneration for the members of the Supervisory Board is laid down in Section 14 of the Articles of Association of Deutsche Lufthansa AG. It has been in force since the financial year 2013 and is essentially based on a resolution passed by the Annual General Meeting on 8 May 2012. According to this resolution, the remuneration is purely fixed plus an attendance fee.
The Annual General Meeting on May 4, 2021 confirmed the remuneration of the members of the Supervisory Board, including the system on which this compensation is based, with a majority of 97.6%.
In accordance with Section 14 Paragraph 1 of the Articles of Association, for each financial year ordinary Supervisory Board members receive remuneration of EUR 80k. The Chair receives EUR 240k, and the Deputy Chair EUR 120k. The Chair of the Audit Committee receives an additional EUR 60k and other members of the Audit Committee receive an additional EUR 30k. Chairs of other committees receive an additional EUR 40k and other members of other committees receive an additional EUR 20k. Remuneration for committee work is subject to the proviso that the committee must have met at least once in the financial year.
If Supervisory Board members leave the Supervisory Board or one of its committees for which additional remuneration is paid during the course of a financial year, they receive the respective remuneration pro rata temporis. Pro rata temporis remuneration for committee work is subject to the provison that the committee must have met at least once before their departure.