Remuneration

The annual remuneration of the members of the Supervisory Board was determined by the General Meeting of Shareholders in May 2005 and remained unchanged since then.

Chairman Supervisory Board EUR55,000
Vice-Chairman Supervisory BoardEUR47,500
Member Supervisory BoardEUR40,000
Chairman Audit CommitteeEUR10,000
Chairman Remuneration Committee, or
Selection and Appointment Committee
EUR  5,000
Member Remuneration Committee, or
Selection and Appointment Committee
EUR  3,000

In addition, for each meeting of the Supervisory Board and the Audit Committee, each member receives an attendance fee of EUR 1,250, or EUR 3,000 in case the meeting is held in a location that requires intercontinental travel from the residence of a member.