49 Remuneration Pursuant to Section 314 of the German Commercial Code (HGB)
Remuneration of the Supervisory Board
The members of the Supervisory Board received total remuneration of € 2.0 million for their work during the 2025 fiscal year (2024: € 2.0 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 | ||||
2024 | 2025 | ||||
Fixed remuneration and short-term variable remuneration | 9,327,634 | 10,939,242 | |||
Total long-term variable share-based remuneration | 7,000,438 | 12,906,956 | |||
of which | |||||
2024–2027 | 7,000,438 | – | |||
2025–2028 | – | 6,850,181 | |||
(number of shares) | 272,544 | 247,477 | |||
2026–2027 | – | 6,056,775 | |||
(number of shares) | – | 210,528 | |||
Total remuneration | 16,328,072 | 23,846,198 | |||
Further information on the long-term variable remuneration (LTI) can be found in the chapter [F48] Share-Based Payment.
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 and Supervisory Board Members and Their Surviving Dependents
Total remuneration of former Management Board members and their surviving dependents amounts to € 6.2 million for the 2025 fiscal year (2024: € 0.4 million). This includes a severance payment in the amount of € 5.8 million (2024: € - million).
The defined benefit obligation (DBO) to former members of the Management Board and their surviving dependents amounts to € 16.3 million (2024: € 17.6 million).
No remuneration was granted to former members of the Supervisory Board or their surviving dependents for the 2025 fiscal year (2024: € - million).
There are no defined benefit obligations (DBO) to former members of the Supervisory Board or their surviving dependents.