Siemens 2005 Annual Report Download - page 80

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Fit4MoreLetter to our Shareholders Managing Board
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At its meeting on November 9, 2005, the Chairman’s Committee of the Supervisory Board
determined the bonus amounts and the number of stock awards and stock options to be granted,
after assessing the attainment of the targets set at the start of the fiscal year.
For the fiscal year 2005, the aggregate cash compensation amounted to €20.9 million
(2004: €26.7 million) and total remuneration amounted to €28.0 million (2004: €33.4 million),
representing a decrease of 21.7 percent and 16.2 percent, respectively.
The following compensation was determined for the members of the Managing Board for fis-
cal year 2005:
Cash Fair value of stock-
(Amounts in €)(1) compensation based compensation Total
Dr. Heinrich v. Pierer(2) 2005 958,389 244,414 1,202,803
2004 3,560,053 1,077,993 4,638,046
Dr. Klaus Kleinfeld(2) 2005 2,323,193 946,911 3,270,104
2004 2,679,904 641,286 3,321,190
Johannes Feldmayer 2005 1,821,301 716,666 2,537,967
2004 2,339,465 719,638 3,059,103
Dr. Thomas Ganswindt(3) 2005 1,764,948 641,515 2,406,463
2004 1,634,261 149,990 1,784,251
Prof. Dr. Edward G. Krubasik 2005 1,832,685 716,666 2,549,351
2004 2,278,056 719,638 2,997,694
Rudi Lamprecht(3) 2005 1,730,431 625,190 2,355,621
2004 1,741,472 149,990 1,891,462
Heinz-Joachim Neubürger 2005 1,822,925 716,666 2,539,591
2004 2,260,585 719,638 2,980,223
Dr. Jürgen Radomski 2005 1,818,389 716,666 2,535,055
2004 2,252,307 719,638 2,971,945
Dr. Uriel J. Sharef 2005 1,831,833 716,666 2,548,499
2004 2,264,607 719,638 2,984,245
Prof. Dr. Klaus Wucherer 2005 1,822,218 716,666 2,538,884
2004 2,261,306 719,638 2,980,944
Prof. Dr. Erich R. Reinhardt(4) 2005 1,756,836 200,034 1,956,870
2004 1,823,818 149,990 1,973,808
Prof. Dr. Claus Weyrich(4) 2005 1,381,990 150,007 1,531,997
2004 1,649,402 129,989 1,779,391
Total 2005 20,865,138 7,108,067 27,973,205
2004 26,745,236 6,617,066 33,362,302
(1) The fair value of stock-based compensation shown in this table relates to stock options and stock awards granted in November
2005 and 2004 for fiscal year 2005 and 2004, respectively.
(2) Effective January 27, 2005, Dr. Heinrich v. Pierer was elected to the Supervisory Board of Siemens AG. Dr. Klaus Kleinfeld was
appointed to succeed Dr. Heinrich v. Pierer as CEO and President of the Managing Board of Siemens AG, effective January 27,
2005.
(3) Dr. Thomas Ganswindt and Rudi Lamprecht were appointed full members of the Managing Board of Siemens AG and elected
to the Corporate Executive Committee, effective October 1, 2004.
(4) Deputy members of the Managing Board.