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Supervisory Board Remuneration

Under Article 17 of Volkswagen AG’s Articles of Association, the remuneration of Volkswagen AG’s Supervisory Board is composed of a fixed component (plus attendance fees) and a variable component that depends on the amount of the dividend paid. The duties performed by the respective member on the Supervisory Board are also taken into account. Several members of the Supervisory Board are also members of the supervisory boards of subsidiaries. The remuneration received there is based on the provisions of the relevant Articles of Association and also comprises a fixed component and a variable component that is linked to the amount of the dividend paid. This remuneration is contained in the following figures. In fiscal year 2013, the members of the Supervisory Board received €9,774,530 (€8,777,511). €528,671 of this figure (€651,625) related to the fixed remuneration components (including attendance fees) and €9,245,859 (€8,125,886) to the variable remuneration components.

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REMUNERATION OF THE MEMBERS OF THE SUPERVISORY BOARD1

 

  

FIXED

  

VARIABLE

  

TOTAL

  

TOTAL

€

  

 

  

 

  

2013

  

2012

 

  

 

  

 

  

 

  

 

1

All figures shown are rounded, so minor discrepancies may arise from addition of these amounts.

2

These employee representatives have stated that they will transfer their Supervisory Board remuneration to the Hans Böckler Foundation in accordance with the guidelines issued by the German Confederation of Trade Unions (DGB).

3

Under section 5(3) of the Niedersächsisches Ministergesetz (Act Governing Ministers of the State of Lower Saxony), these members of the Supervisory Board are obliged to transfer their Supervisory Board remuneration to the State of Lower Saxony as soon as and to the extent that it exceeds €6,200 per annum. Remuneration is defined for this purpose as Supervisory Board remuneration and attendance fees exceeding the amount of €200.

Ferdinand K. Piëch

  

121,000

  

1,068,300

  

1,189,300

  

1,108,100

Berthold Huber2

  

37,500

  

736,067

  

773,567

  

683,133

Hussain Ali Al-Abdulla

  

11,000

  

320,833

  

331,833

  

288,167

Jassim Al Kuwari (until April 25, 2013)

  

2,917

  

102,488

  

105,405

  

289,167

Jörg Bode (until Feb. 19, 2013)3

  

808

  

43,223

  

44,032

  

394,540

Ahmad Al-Sayed (since June 28, 2013)

  

4,050

  

163,090

  

167,140

  

–

Jürgen Dorn (since Jan. 1, 2013)2

  

53,000

  

355,833

  

408,833

  

–

Annika Falkengren

  

13,000

  

481,250

  

494,250

  

390,777

Hans-Peter Fischer (since Jan. 1, 2013)2

  

11,000

  

320,833

  

331,833

  

–

Uwe Fritsch2

  

11,000

  

320,833

  

331,833

  

203,221

Babette Fröhlich2

  

14,000

  

481,250

  

495,250

  

433,750

Olaf Lies (since Feb. 19, 2013)3

  

10,192

  

277,610

  

287,802

  

–

David McAllister (until Feb. 19, 2013)3

  

1,213

  

64,835

  

66,048

  

433,750

Hartmut Meine2

  

11,000

  

320,833

  

331,833

  

291,167

Peter Mosch2

  

29,800

  

541,356

  

571,156

  

371,267

Bernd Osterloh2

  

14,000

  

481,250

  

495,250

  

433,750

Hans Michel Piëch

  

37,500

  

368,033

  

405,533

  

390,567

Ursula Piëch

  

18,125

  

350,333

  

368,458

  

203,221

Ferdinand Oliver Porsche

  

40,500

  

712,467

  

752,967

  

687,433

Wolfgang Porsche

  

49,500

  

528,450

  

577,950

  

548,015

Stephan Weil (since Feb. 19, 2013)3

  

12,767

  

415,301

  

428,068

  

–

Stephan Wolf (since Jan. 1, 2013)2

  

13,800

  

470,556

  

484,356

  

–

Thomas Zwiebler2

  

11,000

  

320,833

  

331,833

  

291,167

Supervisory Board members who retired in the prior year

  

–

  

–

  

–

  

1,336,321

Total

  

528,671

  

9,245,859

  

9,774,530

  

8,777,511