Remuneration of Supervisory Board members
Structure of Supervisory Board remuneration
The rules for the remuneration of Supervisory Board members applicable since 1 January 2023 are based on a resolution passed by the Annual General Meeting on 9 May 2023. The remuneration is still structured as a purely fixed remuneration, whereby the attendance fee paid for attending a physical meeting no longer applies as of 1 January 2023. The Supervisory Board remuneration reflects the responsibility assumed by the members of the Supervisory Board and the scope of their work. Additional remuneration is an appropriate reflection of the higher time commitment by the Chair and the Deputy Chair of the Supervisory Board, and by the members and Chairs of the committees.
Section 113 Paragraph 3 AktG stipulates that the Annual General Meeting of a listed company must pass a resolution on Supervisory Board remuneration at least every four years. The Annual General Meeting on 9 May 2023 approved the changes to the remuneration of Supervisory Board members in Article 14 of the revised Articles of Association with 98.27% of the votes, and approved and confirmed the underlying changes to the remuneration system.
Ordinary Supervisory Board members receive remuneration of EUR 100k for each financial year in accordance with Section 14 Paragraph 1 of the Articles of Association. The Chairman receives EUR 300k and the Deputy Chairman EUR 150k. The Chair of the Audit Committee and the Chair of the Steering Committee receive an additional EUR 100k each; other members of the Audit Committee receive an additional EUR 50k. Chairs of other committees receive an additional EUR 50k and other members of other committees receive an additional EUR 25k. Remuneration for committee work is subject to the proviso that the committee must have met at least once in the financial year. The additional remuneration for committee work is limited to two committee payments, whereby in this case the two highest committee payments are taken.
If Supervisory Board members leave the Supervisory Board or a position on one of its committees for which additional remuneration is paid during the course of a financial year, they receive their remuneration pro rata temporis. Pro rata temporis remuneration for committee work is subject to the proviso that the committee must have met at least once before their departure.
Fixed remuneration and remuneration for committee work are due at the end of each financial year. Supervisory Board remuneration for the 2023 financial year was paid in January 2024.
Remuneration awarded and due in financial year 2023 pursuant to Section 162 AktG
The remuneration awarded and due to Supervisory Board members for the 2023 financial year (fixed remuneration, remuneration for committee work and attendance fees) amounted to EUR 2,965k (previous year: EUR 2,229k).
Table T198 shows the amounts for the individual Supervisory Board members. The fixed remuneration and the remuneration for committee work is the remuneration owed for the financial year in question, since this remuneration falls due at the close of that financial year.
| T198 | REMUNERATION AWARDED AND DUE IN ACCORDANCE WITH SECTION 162 AKTG – SUPERVISORY BOARD MEMBERS | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023¹⁾ | 2022²⁾ | ||||||||||||
| Fixed remuneration | Remuneration for committee work |
Supervisory Board remuneration total |
Fixed remuneration | Remuneration for committee work | Attendance fees | Total Supervisory Board remuneration | |||||||
| in € thousands | in % | in € thousands | in % | in € thousands | in € thousands | in % | in € thousands | in % | in € thousands | in % | in € thousands | ||
| Karl-Ludwig Kley | 300 | 80.0 | 75 | 20.0 | 375 | 240 | 78.7 | 60 | 19.7 | 5.0 | 1.6 | 305 | |
| Christine Behle | 150 | 86.2 | 24 | 13.8 | 174 | 120 | 84.2 | 20 | 14.0 | 2.5 | 1.8 | 143 | |
| Alexander Behrens (until 28 Jul 2023) | 57 | 67.1 | 28 | 32.9 | 85 | 80 | 70.2 | 30 | 26.3 | 4.0 | 3.5 | 114 | |
| Tim Busse (since 29 Jul 2023) | 43 | 100.0 | – | 0.0 | 43 | – | 0.0 | – | 0.0 | – | 0.0 | – | |
| Jörg Cebulla (until 28 Jul 2023) | 57 | 67.1 | 28 | 32.9 | 85 | 80 | 69.6 | 30 | 26.1 | 5.0 | 4.3 | 115 | |
| Erich Clementi | 100 | 66.7 | 50 | 33.3 | 150 | 80 | 97.6 | – | – | 2.0 | 2.4 | 82 | |
| Thomas Enders | 100 | 57.1 | 75 | 42.9 | 175 | 80 | 64.5 | 40 | 32.3 | 4.0 | 3.2 | 124 | |
| Karl Gernandt (since 9 May 2023) | 65 | 100.0 | – | 0.0 | 65 | – | 0.0 | – | 0.0 | – | 0.0 | – | |
| Sara Grubisic (since 29 Jul 2023) | 43 | 81.1 | 10 | 18.9 | 53 | – | 0.0 | – | 0.0 | – | 0.0 | – | |
| Christian Hirsch (since 29 Jul 2023) | 43 | 68.3 | 20 | 31.7 | 63 | – | 0.0 | – | 0.0 | – | 0.0 | – | |
| Jamila Jadran (since 29 Jul 2023) | 43 | 100.0 | – | 0.0 | 43 | – | 0.0 | – | 0.0 | – | 0.0 | – | |
| Jürgen Jennerke (until 28 Jul 2023) | 57 | 100.0 | – | 0.0 | 57 | 80 | 97.0 | – | 0.0 | 2.5 | 3.0 | 83 | |
| Arne Christian Karstens (since 29 Jul 2023) | 43 | 68.3 | 20 | 31.7 | 63 | – | 0.0 | – | 0.0 | – | 0.0 | – | |
| Michael Kerkloh | 100 | 66.7 | 50 | 33.3 | 150 | 80 | 70.2 | 30 | 26.3 | 4.0 | 3.5 | 114 | |
| Carsten Knobel | 100 | 66.7 | 50 | 33.3 | 150 | 80 | 71.4 | 30 | 26.8 | 2.0 | 1.8 | 112 | |
| Holger Benjamin Koch | 100 | 74.6 | 34 | 25.4 | 134 | 80 | 98.2 | – | 0.0 | 1.5 | 1.8 | 82 | |
| Harald Krüger | 100 | 44.4 | 125 | 55.6 | 225 | 80 | 48.5 | 80 | 48.5 | 5.0 | 3.0 | 165 | |
| Marvin Reschinsky (since 29 Jul 2023) | 43 | 81.1 | 10 | 18.9 | 53 | – | 0.0 | – | 0.0 | – | 0.0 | – | |
| Birgit Rohleder | 100 | 100.0 | – | 0.0 | 100 | 80 | 97.0 | – | 0.0 | 2.5 | 3.0 | 83 | |
| Miriam Sapiro (until 9 May 2023) | 35 | 100.0 | – | 0.0 | 35 | 80 | 98.2 | – | 0.0 | 1.5 | 1.8 | 82 | |
| Ilja Schulz (until 28 Jul 2023) | 57 | 57.0 | 43 | 43.0 | 100 | 80 | 76.9 | 20 | 19.2 | 4.0 | 3.8 | 104 | |
| Britta Seeger | 100 | 100.0 | – | 0.0 | 100 | 80 | 99.4 | – | 0.0 | 0.5 | 0.6 | 81 | |
| Birgit Spineux (until 28 Jul 2023) | 57 | 100.0 | – | 0.0 | 57 | 80 | 97.0 | – | 0.0 | 2.5 | 3.0 | 83 | |
| Astrid Stange | 100 | 100.0 | – | 0.0 | 100 | 80 | 97.6 | – | 0.0 | 2.0 | 2.4 | 82 | |
| Olivia Stelz (until 28 Jul 2023) | 57 | 100.0 | – | 0.0 | 57 | 80 | 97.0 | – | 0.0 | 2.5 | 3.0 | 83 | |
| Angela Titzrath | 100 | 80.0 | 25 | 20.0 | 125 | 80 | 98.2 | – | 0.0 | 1.5 | 1.8 | 82 | |
| Klaus Winkler | 100 | 67.6 | 48 | 32.4 | 148 | 80 | 69.9 | 30 | 26.2 | 4.5 | 3.9 | 115 | |
| Total | 2,250 | 75.9 | 715 | 24.1 | 2,965 | 1,800 | 80.8 | 370 | 16.6 | 59.0 | 2.6 | 2,229 | |
| 1) Remuneration for 2023 financial year due according to Section 162 AktG, paid in January 2024. 2) Remuneration for 2022 financial year due according to Section 162 AktG, paid in January 2023. |
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The contributions made for the insurance premium for the members of the Supervisory Board within the scope of Deutsche Lufthansa AG’s group accident insurance policy totalled EUR 2k (previous year: EUR 3k). Furthermore, the Supervisory Board members of Deutsche Lufthansa AG were paid EUR 13k (previous year: EUR 21k) for their work on supervisory boards of Group companies.
Disclosures on relative changes in Executive Board and Supervisory Board remuneration, the remuneration of the rest of the workforce and Company profitability
Table T199 shows the annual change in remuneration for members of the Executive Board and the Supervisory Board, the average remuneration of the remaining workforce and the annual change in this remuneration, as well as year-on-year changes in selected earnings indicators for the Lufthansa Group. The remuneration of Executive Board members and Supervisory Board members shown in Tables T196 and T198 represents the remuneration awarded and due in the financial year within the meaning of Section 162 Paragraph 1 Sentence 1 AktG.
Profitability is partly shown by reference to revenue and Adjusted EBIT for the Lufthansa Group. The latter is a key performance indicator for the Group and forms the basis for the financial targets in the variable remuneration of the Executive Board. The net profit for the year for Deutsche Lufthansa AG is also shown.
The presentation of average remuneration for FTE employees is based on the employees of the German companies in the Lufthansa collective bargaining group (without Lufthansa CityLine GmbH). A further distinction is made between the total workforce and those covered by collective bargaining agreements. The changes in remuneration compared with the financial year 2022 reflect the pay scale increases in 2023, offset by structural effects from the departure of long-standing employees and the simultaneous recruitment of staff with entry-level remuneration.
| T199 | COMPARATIVE PRESENTATION OF CHANGES IN THE REMUNERATION OF THE EXECUTIVE BOARD, THE SUPERVISORY BOARD AND THE WORKFORCE, AS WELL AS THE DEVELOPMENT OF PROFITABILITY1) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 2020 | Change 19/20 |
2021 | Change 21/20 |
2022 | Change 22/21 |
2023 | Change 23/22 |
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| I. Executive Board remuneration in € thousands | ||||||||||
| Active Executive Board members | ||||||||||
| Carsten Spohr | 4,587 | 2,888 | -37.0% | 1,676 | -42.0% | 4,241 | 153.0% | 4,577 | 7.9% | |
| Christina Foerster (since 1 Jan 2020) | - | 775 | - | 904 | 16.6% | 1,929 | 113.4% | 2,119 | 9.8% | |
| Harry Hohmeister | 2,711 | 1,700 | -37.3% | 901 | -47.0% | 2,276 | 152.6% | 2,127 | -6.5% | |
| Detlef Kayser | 872 | 780 | -10.6% | 893 | 14.5% | 2,032 | 127.5% | 2,117 | 4.2% | |
| Michael Niggemann (since 1 Jan 2020) | - | 775 | - | 902 | 16.4% | 2,039 | 126.1% | 2,118 | 3.9% | |
| Remco Steenbergen (since 1 Jan 2021) | - | - | - | 1,898 | - | 3,096 | 63.1% | 3,523 | 13.8% | |
| Former Executive Board members | ||||||||||
| Thorsten Dirks (until 30 June 2020) | 1,538 | 709 | -53.9% | – | -100.0% | 60 | - | 1,663 | 2671.7% | |
| Ulrik Svensson (until 30 Apr 2020) | 1,718 | 639 | -62.8% | – | -100.0% | 2,158 | - | 57 | -97.4% | |
| Bettina Volkens (until 31 December 2019) | 2,715 | 914 | -66.3% | – | -100.0% | 144 | - | 3,493 | 2325.7% | |
| Karl Ulrich Garnadt (until 30 Apr 2017) | 254 | - | -100.0% | 1 | - | 130 | 12900.0% | 118 | -9.2% | |
| II. Average remuneration for workforce in € | ||||||||||
| Overall workforce in Germany | 69,253 | 59,814 | -13.6% | 59,117 | -1.2% | 79,780 | 35.0% | 86,535 | 8.5% | |
| Pay-scale staff in Germany | 63,705 | 55,939 | -12.2% | 55,237 | -1.3% | 72,350 | 31.0% | 78,505 | 8.5% | |
| III. Earnings indicators in €m | ||||||||||
| Net profit/loss for the year Deutsche Lufthansa AG | 595 | -780 | -231.1% | -2,310 | -196.2% | -2,664 | -15.3% | 6,765 | 353.9% | |
| Adjusted EBIT | 2,026 | -5,451 | -369.1% | -1,666 | 69.4% | 1,509 | 190.6% | 2,682 | 77.7% | |
| Revenue | 36,424 | 13,589 | -62.7% | 16,811 | 23.7% | 32,770 | 94.9% | 35,422 | 8.1% | |
| 1) Figures for Executive Board and Supervisory Board members and the workforce are based on remuneration awarded and due in 2023 within the meaning of Section 162 Paragraph 1 Sentence 1 AktG. | ||||||||||
| T199 | COMPARATIVE PRESENTATION OF CHANGES IN THE REMUNERATION OF THE EXECUTIVE BOARD, THE SUPERVISORY BOARD AND THE WORKFORCE, AS WELL AS THE DEVELOPMENT OF PROFITABILITY (continued)1) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2019 | 2020 | Change 19/20 in % |
2021 | Change 21/20 in % |
2022 | Change 22/21 in % |
2023 | Change 23/22 in % |
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| IV. Supervisory Board remuneration2)3) in € thousands | ||||||||||
| Karl-Ludwig Kley | 305 | 265 | -13.1% | 302 | 13.8% | 305 | 1.2% | 375 | 23.0% | |
| Christine Behle | 143 | 124 | -13.3% | 141 | 13.7% | 143 | 1.1% | 174 | 22.2% | |
| Alexander Behrens (until 28 Jul 2023) | 114 | 97 | -14.9% | 113 | 16.0% | 114 | 1.3% | 86 | -24.9% | |
| Jörg Cebulla (until 28 Jul 2023) | 114 | 98 | -14.0% | 113 | 14.8% | 115 | 2.2% | 86 | -25.6% | |
| Erich Clementi (since 5 May 2020) | - | 45 | - | 81 | 80.0% | 82 | 1.2% | 150 | 82.9% | |
| Thomas Enders (since 5 May 2020) | - | 57 | - | 121 | 112.3% | 124 | 2.5% | 175 | 41.1% | |
| Christian Hirsch (8 May 2018 until 31 Dec 2020 & since 29 Jul 2023) | 80 | 70 | -12.5% | - | – | - | – | 63 | ||
| Jürgen Jennerke (8 Dec 2020 until 28 Jul 2023) | - | 5 | – | 81 | 1520.0% | 83 | 1.9% | 57 | -30.5% | |
| Michael Kerkloh (since 2 Sep 2020) | - | 33 | – | 112 | 237.9% | 114 | 2.2% | 150 | 31.6% | |
| Carsten Knobel | 113 | 97 | -14.2% | 111 | 14.4% | 112 | 0.9% | 150 | 33.9% | |
| Holger Benjamin Koch | 82 | 71 | -13.4% | 81 | 14.1% | 82 | 0.6% | 134 | 64.7% | |
| Harald Krüger (since 5 May 2020) | - | 46 | - | 142 | 209.1% | 165 | 16.0% | 225 | 36.4% | |
| Birgit Rohleder | 82 | 71 | -13.4% | 81 | 14.1% | 83 | 1.9% | 100 | 21.2% | |
| Miriam Sapiro (until 9 May 2023) | 82 | 70 | -14.6% | 81 | 15.0% | 82 | 1.2% | 35 | -56.8% | |
| Ilja Schulz (until 28 Jul 2023) | 104 | 90 | -13.5% | 102 | 12.8% | 104 | 2.5% | 100 | -4.0% | |
| Britta Seeger (since 4 May 2021) | - | - | - | 54 | - | 81 | 49.3% | 100 | 24.2% | |
| Birgit Spineux (1 Jan 2021 until 28 Jul 2023) | - | - | - | 81 | - | 83 | 1.9% | 57 | -30.5% | |
| Astrid Stange (since 5 May 2020) | - | 45 | – | 81 | 80.0% | 82 | 1.2% | 100 | 22.0% | |
| Olivia Stelz (until 28 Jul 2023) | 82 | 71 | -13.4% | 81 | 14.1% | 83 | 1.9% | 57 | -30.5% | |
| Angela Titzrath (since 2 Sep 2020) | - | 25 | - | 81 | 222.0% | 82 | 1.2% | 125 | 53.4% | |
| Klaus Winkler | 82 | 70 | -14.6% | 113 | 60.7% | 115 | 1.8% | 148 | 29.6% | |
| 2) Up to and including the 2022 financial year, in addition to fixed remuneration for membership of the Supervisory Board and its committees, the Supervisory Board’s remuneration also includes the attendance fees paid for personal attendance at a physical meeting up to this date. 3) Disclosures do not include Tim Busse, Karl Gernandt, Sara Grubisic, Jamila Jadran, Arne Christian Karstens or Marvin Reschinsky, since they have only been Supervisory Board members since 2023 and therefore received no Supervisory Board remuneration in previous years. |
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For the Supervisory Board
Dr Karl-Ludwig Kley, Chairman
For the Executive Board
Carsten Spohr, Chairman