Management Report and Consolidated Financial ... - Do & Co

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GB Zahlenteil Neu 7 Englisch:Layout 1 16.10.2008 8:58 Uhr Seite 150 150 COMPENSATION REPORT The Compensation Report summarizes the principles applied in determining compensation for the Management Board and the Supervisory Board of DO & CO Restaurants & Catering AG. The Supervisory Board invested the Chairmanship with the task of determining compensation for the DO & CO Management Board, which means that that body also functions as the Compensation Committee. The Management Board The Management Board is appointed for a term of five years. The total pay is divided into fixed and performance-linked components. The fixed component is geared to the tasks and areas of responsibility of the members and paid out retroactively in 14 monthly payments. A further key element of Management Board compensation is a highly variable component based on scope of tasks and responsibilities and on company performance. This performance-linked component is geared to the EBIT margin following goodwill amortization and is capped at 100 % of the fixed pay. There are no agreements at present on company retirement benefits for the Management Board. Management Board members are entitled to termination benefits in an analogous application of the White-Collar Workers’ Act (Angestelltengesetz). The Management Board has no further claims relating to the termination of employment. For further details on Management Board compensation, please refer to Information on Corporate Boards and Employees in the Notes section. The Supervisory Board The remuneration scheme for Supervisory Board members provides that the chairperson receive 50 % more in remuneration than the other members and the deputy chairman, 25 % more. Firms in which Supervisory Board members Waldemar Jud and Werner Sporn have a considerable economic interest charged professional fees of EUR 961,192 in the year under review for legal counsel.
GB Zahlenteil Neu 7 Englisch:Layout 1 16.10.2008 8:58 Uhr Seite 151 MEMBERS AND COMMITTEES OF THE SUPERVISORY BOARD The Supervisory Board Waldemar JUD Chairman; independent Current term runs until the 11th Ordinary General Meeting of Shareholders (2009), first appointed on 20 March 1997 Supervisory Board Chairman of Strabag SE Deputy Chairman of the Supervisory Board of Ottakringer Brauerei AG, Vienna Werner SPORN Deputy Chairman; independent; representative of shares in free float Current term runs until the 11th Ordinary General Meeting of Shareholders (2009), first appointed on 20 March 1997 No further seats on Supervisory Boards of listed companies Georg THURN-VRINTS Member; independent Current term runs until the 11th Ordinary General Meeting of Shareholders (2009), first appointed on 20 March 1997 No further seats on Supervisory Boards of listed companies Christian KONRAD Member; independent Current term runs until the 11th Ordinary General Meeting of Shareholders (2009), first appointed on 10 July 2002 Chairman of the Supervisory Board of UNIQA Versicherungen AG, Vienna Chairman of the Supervisory Board of AGRANA-Beteiligungs Aktiengesellschaft, Vienna Deputy Chairman of the Supervisory Board of Südzucker AG Mannheim/Ochsenfurt Member of the Supervisory Board of BAYWA AG, Munich Committees Auditing Committee: Waldemar JUD: Chairman Werner SPORN: Deputy Chairman Georg THURN-VRINTS: Member Christian KONRAD Member Chairmanship (this body also functions as the Nominating Committee, the Compensation Committee, and the Committee for Making Decisions in Emergencies): Waldemar JUD: Chairman Werner SPORN: Deputy Chairman 151
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Management Report and Consolidated Financial ... - Do & Co

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