Compensation of the Board of Directors
Approved versus expected compensation of the Board of Directors
In accordance with the Articles of Association, the shareholders vote prospectively on the maximum total amount of compensation for the Board of Directors for the period until the next Annual General Meeting (AGM). The preceding table shows the compensation in the financial year. The table below shows the compensation in the period from AGM to AGM.
Compensation of the Executive Management
Additional information on the Compensation Report
Social security, expense reimbursements, loans and credits
The expenses of CHF 20 906 for social security contributions are not reported for the individual Board members, as these contribtions do not give rise to additional pension entitlements. Members of the Board of Directors are not affiliated with the Company’s pension fund.
Members of the Board of Directors and the Executive Management receive lump-sum expenses at the level permitted by the tax authorities. Expenses incurred in connection with board meetings and which are not covered by the lump-sum expenses are also reimbursed.
The company has no outstanding loans and credits to current or former members of the board or management.
All expenses are recognized on the basis of the accrual principle and reconcile with the information in both the parent company and consolidated financial statements of Züblin Immobilien Holding AG.
Activities outside the organisation - Board of Directors
Dr. Wolfgang Zürcher Partner at Wenger Vieli AG Law Firm and Member of the Board of Direcots of UCC Holding AG (UCC Group), Milestone Capital AG, Libera Holding AG (Libera Group), BelVillage Holding AG (BelVillage Group), Alegra Capital AG, btoventures Partners AG, MjW Capital AG, Paros Holding AG (Paros Group), PG3 AG, Wenger Vieli AG, T.I.V. Investment AG, CoPhar Services Holding GmbH as well as Member of the Foundation Council of Second Mile Foundation.
David C. Schärli Owner and Managing Partner at Wiederkehr Associates as well as founder and Chairman of Concorde Industries AG.
Dr. Markus Wesnitzer Director of ICN Immobilien Consult Nurnberg, responsible for real estate portfolios of the Schickedanz Group
Activities outside the organisation - Executive Management
Roland Friederich does not exercise any other functions in addition to his activities for the Züblin Group.