ONE ROOF

Supervisory Board compensation
tion in Point 4.2.3 of the German Corporate Governance
Code in the edition dated June 6, 2008. In consequence,
his severance award is limited to two years’ benefits or if
his contract has less than two years to run the benefits for
the remainder of his contract term. Severance awards on
early termination of contract due to a change of control
are limited to three years’ benefits regardless of the length
of the term left to run.
Compliance Declaration pursuant to Section
161 of the German Stock Corporations Act
After due appraisal, the Executive Board and Super-
visory Board of HOCHTIEF Aktiengesellschaft submit
their compliance declaration for 2009 as follows:
“HOCHTIEF Aktiengesellschaft complies in full with
the recommendations of the Government Commission
on the German Corporate Governance Code
dated June 18, 2009 and published on August 5,
Essen, March 18, 2010
HOCHTIEF Aktiengesellschaft
For the Supervisory Board For the Executive Board
Dr. Kohlhaussen Dr.-Ing. Lütkestratkötter, Dr. Lohr
❘ Information for our Shareholders ❘ ❘ Management Report ❘ ❘ Financial Statements and Notes ❘
(EUR thousand) Fixed remuneration Variable remuneration Attendance fees Total
Dr. Martin Kohlhaussen 36 210 8 254
Gerhard Peters 24 140 8 172
Ángel García Altozano 18 105 8 131
Gregor Asshoff 7 42 4 53
Alois Binder 18 105 8 131
Detlev Bremkamp 24 140 8 172
Günter Haardt 6 37 4 47
Lutz Kalkofen 12 70 8 90
Prof. Dr. Hans-Peter Keitel 18 105 8 131
Raimund Neubauer 14 81 8 103
Udo Paech 12 70 8 90
Gerrit Pennings 12 70 8 90
Prof. Dr. Heinrich von Pierer 12 70 8 90
Prof. Dr. Wilhelm Simson 18 105 8 131
Tilman Todenhöfer 12 70 8 90
Marcelino Fernández Verdes 12 70 6 88
Klaus Wiesehügel 18 105 8 131
Supervisory Board total 273 1,595 126 1,994
Supervisory Board compensation
Supervisory Board compensation is determined at the General
Shareholders’ Meeting and is governed by Section 18
of the Company’s Articles of Association. Supervisory
Board compensation for fiscal 2009 based on the dividend
proposed for approval at the General Shareholders’ Meeting
in May 2010 is shown in the table above.
2009 by the German Ministry of Justice in the official
section of the electronic Bundesanzeiger (Federal Official
Gazette). Similarly, following submission of the
last Compliance Declaration on March 18, 2009,
HOCHTIEF complied until August 5, 2009 with all recommendations
of the Code dated June 6, 2009 and
has complied from August 6, 2009 onward with all
recommendations of the Code dated June 18, 2009.”
For further information on
corporate governance at
HOCHTIEF, please see
www.hochtief.com/
corporategovernance.
Annual Report 2009 21