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34<br />

Information on remuneration<br />

Loans to organs of the company<br />

The remuneration received by the Managing Directors generally<br />

includes a fixed salary and a variable component (management<br />

bonus). For Managing Directors currently employed, the total<br />

remuneration in fiscal year 2011 was EUR 1,266,153.<br />

Members of the Supervisory Board are reimbursed for their travel<br />

costs of EUR 29,684; there is no further remuneration.<br />

Fixed<br />

salary<br />

(in €)<br />

Management<br />

Bonus<br />

(in €)<br />

Total<br />

(in €)<br />

Dr Bernd Eisenblätter 229,279 229,279<br />

Dr Christoph Beier 202,279 27,000 229,279<br />

Adolf Kloke-Lesch 135,260 135,260<br />

Tom Pätz 135,260 135,260<br />

Dr Sebastian Paust 135,260 135,260<br />

Dr Hans-Joachim Preuß 202,279 27,000 229,279<br />

Prof. Jürgen Wilhelm 135,260 135,260<br />

Other remuneration components 37,274<br />

Total remuneration 1,266,153<br />

Employees on the Supervisory Board (in €)<br />

Loans as at 1 January 2011 14,783<br />

Increase 0<br />

Repayment 2,081<br />

Decrease 0<br />

As at 31 December 2011 12,702<br />

Uniform conditions: term 15 years and two months; interest, 2.5 % p.a.<br />

The provisions for pension entitlements of former Managing<br />

Directors total EUR 5,583,905. With respect to the conversion<br />

of the pension provision in line with BilMoG as of 1 January<br />

2010, <strong>GIZ</strong> exercises the option under section 67, paragraph 1,<br />

item 1 of the EGHGB and spreads the cost of the conversion over<br />

a period of less than 15 years. As at 31 December 2011 there was<br />

a difference, carried forward, in the amount of EUR 1,563,788.<br />

Current retirement pension payments in fiscal year 2011 totalled<br />

EUR 482,412.<br />

Bonn/Eschborn, 4 June 2012<br />

The Management Board<br />

Dr Bernd Eisenblätter<br />

(Chairman of the Management Board)<br />

Dr Christoph Beier<br />

(Vice-Chair of the Management Board)<br />

Adolf Kloke-Lesch<br />

Tom Pätz<br />

Dr Sebastian Paust<br />

Dr Hans-Joachim Preuß<br />

Prof. Jürgen Wilhelm

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