MLP

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Inhalt

The Executive Board and the Supervisory Board

Corporate Governance determines the legal and practical framework concerning the management and supervision of a company which are reported upon by the Executive Board and the Supervisory Board each yearin the Annual Report in accordance with the requirements of the German Corporate Governance Code.

Executive Board

The members of the Executive Board are appointed by the Supervisory Board and are responsible for the management of the company. The Executive Board of MLP AG currently comprises three members.

Further information about the individual members of the management team and their respective career progression

Remuneration of the members of the Executive Board

In the course of introduction of the Appropriateness of Management Remuneration Act (VorstAG), the responsibility for laying down Executive Board remuneration was transferred from the Personnel Committee of the Supervisory Board to the plenary meeting of the Supervisory Board. The members of the Group’s Executive Board are entitled to both a fixed (non-performancerelated) and a variable (performance-linked) remuneration in accordance with the contracts of employment currently in place. Further details about the Remuneration of the Executive Board you can find in our

Remuneration report 2016

Supervisory Board

The Supervisory Board comprises six members, four of whom are appointed by the Annual General Meeting as stipulated in the German Stock Corporation Act and two of whom are appointed by the employees as stipulated in the German Works Council Constitution Act of 1952.

Chairman:

  • Dr. Peter Lütke-Bornefeld ( Portrait )

Members:

  • Dr. h. c. Manfred Lautenschläger
  • Tina Müller
  • Alexander Beer (Employee representative)
  • Dr. Claus Michael Dill
  • Burkhard Schlingermann (Employee representative)

Remuneration of the members Supervisory Board

Each member of the Supervisory Board receives a fixed remuneration of € 40,000 p.a., which is payable at the end of the business year, in addition to being reimbursed for his/her expenses and to being refunded a possible value-added tax liability incurred on his/her remuneration as Supervisory Board member. No member of the Supervisory Board receives any variable or share-based remuneration payments. Further details about the Remuneration of the Supervisory Board you can find in our

Remuneration report 2016

Remuneration report 2016

Articles of association

Download

Report by the Supervisory Board 2016