Corporate Governance

Corporate Governance report and Compensation report

The Management Board reports on corporate governance within the DB ML Group every year as part of the Annual Report.

Corporate Governance report

You find the German version of the Corporate Governance Report here for download. The English version will be offered soon.

Compensation of the Management Board and Supervisory Board

The compensation report is part of the Corporate Governance Report and describes the compensation system and presents the individual compensation of the Management Board and the Supervisory Board members.

The members of the Management Board and Supervisory Board receive performance-linked compensation consisting of fixed and variable components. The amount of the variable component is primarily linked to the development of DB Group’s operating income.

Employee representatives donate almost all of the compensation they receive as members of the Supervisory Board to the Hans-Böckler Foundation.

Members of the Management Board and Supervisory Board have liability insurance under the terms of a Directors and Officers insurance policy (D&O insurance). The insurance policy is structured as a group policy and serves to protect the covered parties against claims for damages that may be incurred while carrying out their duties as Management Board, respectively Supervisory Board members. For Management Board members there is a deductible amount.

Last modified: 30.03.2012