49. Remuneration of the Board of Management and the Supervisory Board
Total remuneration granted to the members of the Board of Management amounted to €49.2 million (previous year: €51.1 million).
Under the performance share plan, a total of 201,434 performance shares (previous year: 169,465) were granted to active members of the Bord of Management for fiscal year 2024; their value at the grant date was €19.9 million (previous year: €18.8 million).
Total remuneration granted to the members of the Supervisory Board amounted to €7.8 million (previous year: €7.5 million).
Pension entitlements and benefits to retired members of the board of management
The former members of the Board of Management and their surviving dependents were granted €0.0 million (previous year: €10.4 million). Pension provisions for this group of individuals amounted to €265.2 million (previous year: €290.3 million).
The individual remuneration of the members of the Board of Management and the Supervisory Board is explained in the remuneration report. A comprehensive assessment of the individual remuneration components can also be found there.
Wolfsburg, February 25, 2025
Volkswagen Aktiengesellschaft
The Board of Management