50 Remuneration
Remuneration of the Supervisory Board
The members of the Supervisory Board received total remuneration of € 2.1 million for their work during the 2023 fiscal year (2022: € 2.5 million).
Total Remuneration of the Management Board
The total remuneration paid to the members of the Management Board comprises the following:
Total Remuneration of the Management Board
Total remuneration of the Management Board in € | Total remuneration | ||||
2022 | 2023 | ||||
Fixed remuneration and short-term variable remuneration | 9,150,872 | 7,741,958 | |||
Total long-term variable share-based remuneration | 6,807,249 | 5,686,326 | |||
of which | |||||
2022–2025 | 6,807,249 | – | |||
2023–2026 | – | 5,686,326 | |||
(number of shares) | 138,742 | 262,026 | |||
Total remuneration | 15,958,121 | 13,428,284 | |||
The remuneration paid to the Management Board members includes the remuneration for all mandates at Vonovia Group companies, subsidiaries and participating interests.
Remuneration of Former Management Board Members and Their Surviving Dependents
Total remuneration of former Management Board members and their surviving dependents amounts to € 0.4 million for the 2023 fiscal year (2022: € 0.4 million).
The defined benefit obligation (DBO) to former members of the Management Board and their surviving dependents amounts to € 18.3 million (2022: € 14.8 million).