Minimum share ownership

From the financial year 2020, our Remuneration Policy has set a minimum threshold of shares to be held at any time by the CEO to be equivalent to one year of the CEO’s annual base salary and by the other members of the Executive Committee to be equivalent to six months of the relevant Executive Committee member’s annual base salary. Thresholds are re-calculated on an annual basis and need to be reached within four years. At this stage all Executive Committee  members (in office since 2022 and 2023 respectively) are building their shareholding.