Engineering
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Engineering
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1.3 To our shareholders Corporate governance report report<br />
No loans or advance payments were<br />
granted to members of the Supervisory<br />
No loans or advance payments were<br />
Board in the reporting year.<br />
granted to members of the Supervisory<br />
Board in the reporting year.<br />
Members of the Supervisory Board of ThyssenKrupp AG will additionally receive compensation of €89,750<br />
(prior year: €79,543) for supervisory board directorships at Group companies in fiscal year 2010/2011. The<br />
individual members of the Supervisory Board will receive the amounts shown in the following table:<br />
Compensation from supervisory board directorships within the Group in €<br />
2009/2010 2010/2011<br />
Theo Frielinghaus (until March 31, 2010) 3,819 —<br />
Susanne Herberger 16,500 16,250<br />
Bernd Kalwa 15,750 16,250<br />
Ernst-August Kiel (since April 12, 2010) 9,382 19,600<br />
Thomas Schlenz 19,732 21,150<br />
Wilhelm Segerath 14,360 16,500<br />
Total 79,543 89,750<br />
As in the previous year Supervisory Board members received no further compensation or benefits for<br />
personal services rendered, in particular advisory and mediatory services, with one exception. The law firm<br />
Clifford Chance, for which Supervisory Board member Dr. v. Schenck works as an of counsel, received a<br />
total of €82,364 (prior year: €70,702) from ThyssenKrupp companies for its consulting services. As in<br />
previous years, no loans or advance payments were granted to members of the Supervisory Board, nor were<br />
any guarantees or other commitments entered into in their favor.<br />
Related to the reporting year, former Supervisory Board members who left the Supervisory Board before<br />
October 01, 2010 will not receive any compensation from the long-term compensation component for the<br />
time they served on the Supervisory Board because – as in the prior year – average EBT in the last three<br />
fiscal years is below the threshold of €1 billion.<br />
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