Annual Report 2012 - Investor Relations

Notes to the Financial Statements of Cham Paper Group Holding AG75Compensation of Board of Directors members in 2011FunctionBase salary 1)TCHFAttendancefees 1)TCHFConsultancyfees 2)TCHFCompensationofExecutiveCommitteeTCHFPhilipp Buhofer Chairman 202 31 96 – 329René Furler Vice Chairman 46 35 – – 81Hans Schaller Member 33 28 7 – 68Peter Schmid Member 23 23 127 – 173Felix Thöni Member 33 31 115 – 179Urs Ziegler Member 35 24 3 – 62Total paid to Board of Directors members 372 172 348 – 8921)The Board of Directors has the option of receiving part of its compensation (0%–100%) in the form of shares, a premium of 20% being granted for thesubscription of shares. The shares are blocked for one year.2)The consultancy fees relate to compensation for projects, fixed-term engagements and general legal advice.TotalTCHFCompensation of Executive Management BoardTotal compensation of the Executive Committee and the Executive Management Board respectively in FY 2012 and 2011:Currentmembers 1)TCHFMembersresigningduring FY 2)TCHFBase salary 515 659 1,174 1,400Bonuses including one-off special bonuses 90 122 212 254Payments to pension plans 108 43 151 177Total compensation of the Executive Committee 713 824 1,537 1,831Total2012TCHFTotal2011TCHF1)The remuneration paid to executive members of the Board of Directors is contained in the compensation of the Board members.2)After resigning, two members of the Executive Management Board received the contractually agreed base salary of TCHF 180 until the end of the year.This amount is not included above.The content and method of determining compensation and shareholding schemes are described on page 44f.The highest compensation paid to an Executive Management Board member in FY 2012 was TCHF 417 to Peter Studer, CEO of ChamPaper Group (2011: Peter Studer, CEO of Cham Paper Group, TCHF 468).In the course of FY 2012, compensation totalling TCHF 824 (2011: TCHF 300) was paid to resigning members of the Executive ManagementBoard. No severance benefits were disbursed or agreed in 2012 or 2011.No loans were granted to members of the Board of Directors or the Executive Committee (Executive Management Board) in FY 2012 or2011.