Annual Report 2013

Corporate governance

3. Remuneration of the Supervisory Board and of the Shareholders’ Committee
of Henkel AG & Co. KGaA


Regulation, structure and amounts

The remuneration for the Supervisory Board and the Shareholders’ Committee is determined by the Annual General Meeting; the corresponding provisions are contained in Articles 17 and 33 of the Articles of Association.

Each member of the Supervisory Board and of the Shareholders’ Committee receives a fixed fee of 70,000 euros and 100,000 euros per year respectively. The Chairperson of the Supervisory Board and the Chairperson of the Shareholders’ Committee each receives double this amount, and the Vice-chairperson in each case one and a half times the aforementioned amount.

Members of the Shareholders’ Committee who are also members of one or more subcommittees of the Shareholders’ Committee each receive additional remuneration of 100,000 euros; if they are the Chairperson of one or more subcommittees, they receive 200,000 euros.

Members of the Supervisory Board who are also members of one or more committees each receive additional remuneration of 35,000 euros; if they are the Chairperson of one or more committees, they receive 70,000 euros. Activity in the Nominations Committee is not remunerated separately.

The higher remuneration allocated to the members of the Shareholders’ Committee as compared to the Supervisory Board takes into account that, under the Articles of Association, the Shareholders’ Committee participates in the management of the corporation.

Other provisions

The members of the Supervisory Board or a committee receive an attendance fee amounting to 1,000 euros for each meeting in which they participate. If several meetings take place on one day, the attendance fee is only paid once. In addition, the members of the Supervisory Board and of the Shareholders’ Committee are reimbursed expenses incurred in connection with their positions. The members of the Supervisory Board are also reimbursed the value-added tax (VAT) payable on their total remunerations and reimbursed expenses.

The corporation maintains directors and officers insurance (D&O insurance) for directors and officers of the Henkel Group. For members of the Supervisory Board and Shareholders’ Committee there is a deductible amounting to 10 percent per loss event, subject to a maximum for the fiscal year of one and a half times their annual fixed remuneration.

Remuneration for 2013

Total remuneration paid to the members of the Supervisory Board for the year under review (fixed fee, attendance fee, remuneration for committee activity) amounted to 1,529,589 euros plus VAT (previous year: 1,580,000 euros plus VAT). Of this amount, fixed fees accounted for 1,192,589 euros, attendance fees 69,000 euros, and remuneration for committee activity (including associated attendance fees) 268,000 euros.

Total remuneration paid to the members of the Shareholders’ Committee for the year under review (fixed fee and remuneration for committee activity) amounted to 2,350,000 euros (previous year: 2,350,000 euros). Of this amount, fixed fees accounted for 1,150,000 euros and remuneration for committee activity 1,200,000 euros.

In the year under review, no compensation or benefits were paid or granted for personally performed services, including in particular advisory or intermediation services.

The emoluments of the individual members of the Supervisory Board and of the Shareholders’ Committee, broken down according to the above-mentioned components, are presented in the tables below.

Supervisory Board remuneration
in euros Components of total remuneration
Fixed fee Attendance fee Fee for committee
activity1
Total
remuneration2
Dr. Simone Bagel-Trah3,
Chair
2013 140,000 4,000 38,000 182,000
2012 140,000 5,000 39,000 184,000
Winfried Zander 3,
Vice-chair
2013 105,000 4,000 39,000 148,000
2012 105,000 5,000 39,000 149,000
Jutta Bernicke 2013 70,000 5,000 75,000
2012 70,000 6,000 76,000
Dr. Kaspar von Braun 2013 70,000 5,000 75,000
2012 70,000 6,000 76,000
Boris Canessa
(since 4/16/2012)
2013 70,000 5,000 75,000
2012 49,727 4,000 53,727
Johann-Christoph Frey
(until 4/16/2012)
2013
2012 20,273 2,000 22,273
Ferdinand Groos
(since 4/16/2012)
2013 70,000 5,000 75,000
2012 49,727 4,000 53,727
Béatrice Guillaume-Grabisch
(since 4/16/2012)
2013 70,000 5,000 75,000
2012 49,727 4,000 53,727
Peter Hausmann3
(since 4/15/2013)
2013 49,863 2,000 27,932 79,795
2012
Birgit Helten-Kindlein3 2013 70,000 4,000 39,000 113,000
2012 70,000 5,000 39,000 114,000
Prof. Dr. Michael Kaschke3 2013 70,000 3,000 39,000 112,000
2012 70,000 4,000 28,864 102,864
Barbara Kux
(since 7/3/2013)
2013 34,904 2,000 36,904
2012
Thomas Manchot
(until 4/16/2012)
2013
2012 20,273 2,000 22,273
Mayc Nienhaus 2013 70,000 5,000 75,000
2012 70,000 6,000 76,000
Thierry Paternot
(until 1/14/2013)
2013 2,685 2,685
2012 70,000 6,000 76,000
Andrea Pichottka 2013 70,000 5,000 75,000
2012 70,000 5,000 75,000
Dr. Martina Seiler 2013 70,000 4,000 74,000
2012 70,000 6,000 76,000
Prof. Dr. Theo Siegert3 2013 70,000 4,000 74,000 148,000
2012 70,000 5,000 63,863 138,863
Edgar Topsch 2013 70,000 5,000 75,000
2012 70,000 6,000 76,000
Michael Vassiliadis3
(until 4/15/2013)
2013 20,137 2,000 11,068 33,205
2012 70,000 5,000 37,000 112,000
Dr. Bernhard Walter 3
(until 4/16/2012)
2013
2012 20,273 1,000 21,273 42,546
Total 2013 1,192,589 69,000 268,000 1,529,589
2012 1,225,000 87,000 268,000 1,580,000

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Shareholders’ Committee remuneration
in euros Components of total remuneration
Fixed fee Fee for
committee activity
Total remuneration
Dr. Simone Bagel-Trah,
Chair (Chair Human Resources
Subcommittee)
2013 200,000 200,000 400,000
2012 200,000 200,000 400,000
Dr. Christoph Henkel,
Vice-chair
(Chair Finance Subcommittee)
2013 150,000 200,000 350,000
2012 150,000 200,000 350,000
Prof. Dr. Paul Achleitner
(Member Finance Subcommittee)
2013 100,000 100,000 200,000
2012 100,000 100,000 200,000
Boris Canessa
(until 4/16/2012)
(Member HR Subcommittee)
2013
2012 28,962 28,962 57,924
Johann-Christoph Frey
(since 4/16/2012)
(Member HR Subcommittee)
2013 100,000 100,000 200,000
2012 71,038 71,038 142,076
Stefan Hamelmann
(Vice-chair
Finance Subcommittee)
2013 100,000 100,000 200,000
2012 100,000 100,000 200,000
Prof. Dr. Ulrich Lehner
(Member Finance Subcommittee)
2013 100,000 100,000 200,000
2012 100,000 100,000 200,000
Dr. Norbert Reithofer
(Member Finance Subcommittee)
2013 100,000 100,000 200,000
2012 100,000 100,000 200,000
Jean-François van Boxmeer
(since 4/15/2013)
(Member HR Subcommittee)
2013 71,233 71,233 142,466
2012
Konstantin von Unger
(Vice-chair HR Subcommittee)
2013 100,000 100,000 200,000
2012 100,000 100,000 200,000
Karel Vuursteen
(until 4/15/2013)
(Member HR Subcommittee)
2013 28,767 28,767 57,534
2012 100,000 100,000 200,000
Werner Wenning
(Member HR Subcommittee)
2013 100,000 100,000 200,000
2012 100,000 100,000 200,000
Total 2013 1,150,000 1,200,000 2,350,000
2012 1,150,000 1,200,000 2,350,000

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