REPOWER

Compensation report

Compensation paid to the members of the Executive Board

In the year under review the members of the Executive Board received cash compensation in the amount of CHF 2,492,822 (prior year: CHF 3,349,170).

Compensation breaks down in detail as follows:

      2015    
  Gross compensation (fixed) Gross compensation (variable) Employer contributions Other benefits Total compensation
CHF          
           
Kurt Bobst, CEO 457,075 - 173,933 - 631,008
Other members of the Executive Board 1,268,887 62,200 530,727 - 1,861,814
Total 1,725,962 62,200 704,660 - 2,492,822*
      2014    
  Gross compensation (fixed) Gross compensation (variable) Employer contributions Other benefits Total compensation
CHF          
           
Kurt Bobst, CEO 456,175 75,000 169,122 - 700,297
Other members of the Executive Board 1,571,873 268,585 658,415 150,000 2,648,873
Total 2,028,048 343,585 827,537 150,000 3,349,170

There are no items which require disclosure under Art. 14 to 16 of the Ordinance against Excessive Compensation in Listed Stock Companies (OaEC) for either the current or the prior year.

* Discrepancy resulting from the modification of the operational group structure to four divisions and a reduction in the number of members of the Executive Board.