Business Performance

We have provided a summary of the basic features of the compensation system and disclosures concerning the compensation of members of the Executive and Supervisory Boards for the 2008/09 financial year in the Compensation Report. This takes due account of the requirements of the German Commercial Code (HGB) and the recommendations of the German Corporate Governance Code.

For its activity, the Executive Board receives total compensation that is divided into fixed and variable components. The compensation of the Executive and Supervisory Boards has been presented in the Compensation Report, which forms part of the Corporate Governance Report and is also part of the combined Group Management Report. This component has therefore not been duplicated here.