Vpbli gb 2011 kapitel 1-4 e layout 1 - VP Bank Gruppe

Remuneration paid to members of governing bodies
In CHF 1'000 Remuneration 1, 2 Total Remuneration
(Art. 663 bbis Code of Obligations (Switzerland)) Fixed There of in bearer shares (market value) Pension fund, senior employee insurance
2011 2010 2011 2010 2011 2010 2011 2010
Board of Directors
Hans Brunhart, ChairmanA, D
Dr Guido Meier, Vice Chairman B
Markus Thomas Hilti, BoD B
Roland Feger, BoD D
Walo Frischknecht, BoD C
Dr Daniel H. Sigg, BoD
Prof. Dr Teodoro D. Cocca, BoD E
Prof. Dr Beat Bernet, BoD F
Total Board of Directors
International Council 4 , 11 individuals
In CHF 1'000 Remuneration 2, 5 Total Remuneration
(Art. 663b bis Code of Fixed Short-Term Pension fund, senior Long-Term Incentive (LTI),
Obligations (Switzerland)) basic salary 6 Incentive (STI) employee insurance number of bearer shares
(prospective entitlement) 9
2011 2010 2011 2010 2011 2010 2011 2010 2011 2010
Executive Management
Highest remuneration
Roger Hartmann, CEO 7
Fredy Vogt, CFO 8
400 400 100 100 400 400
105 105 26 26 105 105
75 75 19 19 75 75
80 80 20 20 80 80
1053 1053 26 26 105 105
65 65 16 16 65 65
65 16 65
33 65 8 16 33 65
928 895 231 223 none none 928 895
100 100
1,610 2,197 515 150 170 230 2,295 2,577 9,329 5,653
650 200 65 915 1,864
570 60 57 687 3,250
The model of variable remuneration with a Short-Term Incentive (STI) and Long-Term Incentive (LTI) is described in the Corporate Governance section (see section 5.1.2 page 70f.). The number of bearer shares (eligibility
from LTI – see last column) and the corresponding monetary value will not be defined until the end of the term of the plan. The calculation of the number of shares depends on the average economic profit over the performance
period. Naturally the performance in money terms under the respective LTI programme is determined by the share price at the time of transfer of title. The imputed entitlement shows the total numbers of shares under
the LTI programmes for 2008–2012, 2009–2011, 2010–2012 and 2011–2013, taking account of economic profits hitherto earned and of a time limit.
A Chairman of the Committee of the Board of Directors.
B Member of the Committee of the Board of Directors.
C Chairman of the Audit & Risk Management Committee.
D Member of the Audit & Risk Management Committee.
E Member of the Board of Directors since General Meeting 2011.
F Member of the Board of Directors until General Meeting 2011.
1 Social-security costs and any applicable value-added taxes on the emoluments paid to the Board members are borne by VP Bank.
2 Compensation for out-of-pocket outlays is not included in these amounts.
3 Including remuneration as representative of the Board of Directors in the pension fund.
4 The International Advisory Board was disassembled at the end of 2010.
5 Gifts for length of service are included.
6 Payments due in the calendar year are shown.
7 CEO since 1 April 2010.
8 CEO a.i. from 25 August 2009, to 31 March 2010.
9 Of the members of the Executive Board in office at the end of the year.
7. Financial report 2011 Verwaltungs- und Privat-Bank Aktiengesellschaft, Vaduz Annual Report 2011 173

Remuneration paid to members of governing bodies (continued)
Board of Directors
Hans Brunhart
Dr Guido Meier
Markus Thomas Hilti
Roland Feger
Walo Frischknecht
Dr Daniel Sigg
Prof. Dr Teodoro D. Cocca
Prof. Dr Beat Bernet
Total Board of Directors
International Council 4
Executive Management
Roger H. Hartmann, CEO 5
Fredy Vogt, CFO 6
Juerg W. Sturzenegger, Head of WSS
1 Individual or legal entities which are economically, legally or de facto closely related to a member of one of the governing bodies.
2 As of the balance-sheet date, there were no loans or credits to related parties that were not granted at market conditions.
3 Excluding the number of shares of the significant shareholders (qualifying participants).
4 The International Advisory Board was disassembled at the end of 2010.
5 CEO from 1 April 2010.
6 CEO a.i. from 25 August 2009, to 31 March 2010.
Shareholdings in VP Bank Loans and credits Related parties 1
Number of shares
(including related parties, excluding qualifying participants)
Registered shares Bearer shares Loans and credits 2 Remuneration for
services provided
2011 2010 2011 2010 2011 2010 2011 2010 2011 2010
6,000 6,000 6,541 5,275 1,900 1,900
23,2503 23,2503 21,5493 21,2163 1,023 1,295
4,3453 4,1073 40,3503 40,3503 30,2213 29,9673 408 412 250 256
1,381 1,048
629 423
206
540
7
69,600 69,600 64,872 62,576 3,331 3,607 none none 257 256
none none none none none
none none 4,230 4,160 1,492 1,208 none none none none
120 50
4,110 4,110
1,000 700
174 Annual Report 2011 7. Financial report 2011 Verwaltungs- und Privat-Bank Aktiengesellschaft, Vaduz