Annual Financial Statement P&I Personal & Informatik AG April 1 ...

F. Other Details
1. NUMBER OF EMPLOYEES
The average number of employees, based on the number of people employed at the end of
the respective quarter, amounted to 244 (previous year 229). Members of the Board of
Directors, trainees or students completing internships are not included.
The figure can be broken down into the following categories:
Employees 236 (previous year: 222)
Senior executives 8 (previous year: 7)
2. EXECUTIVE BODIES OF THE COMPANY
The Board of Directors of the Company consists of at least two members. The Supervisory
Board determines the number of members on the Board of Directors (see §4 Para.1 of the
Memorandum and Articles of Association, last amended on September 2, 2009).
The Members of the Board of Directors are:
Vasilios Triadis, Chairman of the Board, Director of Strategy, Consulting, Research and
Development and M&S.
Dr. Erik Massmann, Director of Finance, HR, Administration and Investor Relations.
On June 15, 2010, a member of the Board of Directors, Dr Hartmut Voß, resigned from his
Board of Director’s employment contract with effect on September 30, 2010 and he also
retired from the Board of Directors of P&I Personal & Informatik AG on this date. Dr Voß
exercised his special resignation rights that were granted to him in his employment contract
in the event of a certain specified change of control of the Company. This change of control
of the Company is the result of the acquisition of more than 30 per cent of the voting rights of
P&I Personal & Informatik AG by Argon GmbH & Co. KG that occurred on March 16, 2010.
The Supervisory Board of P&I Personal & Informatik AG appointed Dr Erik Massmann as a
member of the Board of Directors with effect from September 1, 2010 until August 31, 2013.
He will assume the duties undertaken by Dr Hartmut Voß.
Mr Vasilios Triadis is a member of the Scientific Advisory Committee of otris Software AG,
Dortmund and of Solvenius GmbH, Stuttgart.
Dr Massmann is the Chairman of the Supervisory Board at SCIIL AG, of Koblenz, in
Germany.
Dr Erik Massmann undertook similar advisory board duties at DATAGROUP AG, of
Pliezhausen, in Germany, until October 2010.
Mr Vasilios Triadis and Dr Erik Massmann represent the Company together with one other
member of the Board of Directors or with an authorised officer.
Remuneration for the members of the Board of Directors is determined by the Supervisory
Board and comprises both fixed and variable components. The fixed component, aside from
a fixed-amount monthly remuneration, also includes benefits in kind, in particular the
valuation for company vehicles to be applied in compliance with German taxation regulations
as well as other financial benefits.
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