Compensation Report/Compensation report

COMPENSATION Report

Compensation of the Board of Directors

in CHF

 

Basic compensation

 

Total

 

 

 

 

 

Financial year 2024/25

 

 

 

 

Dr. Markus Wesnitzer, Chairman

 

150 000

 

150 000

Nicolas Gross, Member

 

70 000

 

70 000

Yves Rossier, Member 3

 

70 000

 

70 000

David Schärli, Member

 

70 000

 

70 000

Total Board of Directors

 

360 000

 

360 000

 

 

 

 

 

Financial year 2023/24

 

 

 

 

Dr. Markus Wesnitzer, Chairman 1

 

130 000

 

130 000

Nicolas Gross, Member 2

 

52 500

 

52 500

Yves Rossier, Member 2 3

 

52 500

 

52 500

David Schärli, Member 4

 

52 500

 

52 500

Dr. Wolfgang Zürcher 5

 

37 500

 

37 500

Total Board of Directors

 

325 000

 

325 000

1 since 22 June 2023 Chairman, prior Member

2 since June 22, 2023

3 Board remuneration (plus VAT) paid to Tazio Consulting Sagl, Giubiasco

4 Fee waiver for the period January-March 2024

5 until June 22, 2023

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.

in CHF

 

Approved AGM 2024 - AGM 2025

 

Expected AGM 2024 - AGM 2025

 

Approved AGM 2023 - AGM 2024

 

Expected AGM 2023 - AGM 2024

 

 

 

 

 

 

 

 

 

AGM approval year

 

2 024

 

 

 

2 023

 

 

Total compensation

 

400 000

 

360 000

 

400 000

 

342 500

 

 

 

 

 

 

 

 

 

Breakdown total compensation:

 

 

 

 

 

 

 

 

Basic compensation

 

400 000

 

360 000

 

400 000

 

342 500

 

 

 

 

 

 

 

 

 

Number of members of the Board of Directors

 

 

 

4

 

 

 

4

Compensation of the Executive Management

in CHF

 

Basic compensation

 

Bonus in cash

 

Employers contribution

 

Total

Financial year 2024/25

 

 

 

 

 

 

 

 

Philippe Brändle, CEO/CFO 1

 

135 417

 

62 300

 

26 077 3

 

197 717

Roland Friederich, CEO/CFO 2

 

246 264

 

0

 

49 565 4

 

246 264

Total Executive Management

 

381 681

 

62 300

 

75 642

 

443 981

Compensation approved by the Annual General Meeting

 

 

 

 

 

 

 

600 000

 

 

 

 

 

 

 

 

 

Financial year 2023/24

 

 

 

 

 

 

 

 

Roland Friederich, CEO/CFO

 

300 000

 

40 000

 

60 350

 

400 350

Total Executive Management

 

300 000

 

40 000

 

60 350

 

400 350

Compensation approved by the Annual General Meeting

 

 

 

 

 

 

 

600 000

1 employment as of 15 September 2024

2 employment until 31 December 2024

3 thereof contribution to pension schemes (AHV, pension fund) CHF 21'060

4 thereof contribution to pension schemes (AHV, pension fund) CHF 40'853 (prior year: CHF 49'115)

Additional information on the Compensation Report

Social security, expense reimbursements, loans and credits
The expenses of CHF 10 499 for social security contributions are not reported for the individual Board members, as these contributions do not give rise to additional pension entitlements. Members of the Board of Directors are not affiliated with the Companyʼs 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 based on 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. Markus Wesnitzer was Director of ICN Immobilien Consult Nürnberg GmbH & Co KG until January 2025 and does not perform any other activities.

David C. Schärli Owner and Managing Partner at Wiederkehr Associates as well as founder and Chairman of Concorde Industries AG.

Nicolas Gross is a lawyer, Advisor and Sr. Counsel at Exact Sciences International GmbH as well as Member of the Board of SAOC T/A Technologies SA.

Yves Rossier is Partner/Managing Director of Tazio Consulting GmbH, member of the Board of Directors of Prime Partners AG and Banque Cramer AG, Member of the Advisory Board of LLP Stadler Kazakhstan, and Senior Advisor at the Centre for Humanitarian Dialogue.

Activities outside the organisation – Executive Management
- Philippe Brändle (as of 15 September 2024)
- Roland Friederich (until 31 October 2024)

Both did not exercise any other functions in addition to their activities for the Züblin Group.