Siemens 2007 Annual Report Download - page 102

102 Corporate Governance Report: Compensation Report
The following table shows on an individual basis, among other things, the contribu-
tions (additions) under the BSAV attributable to the members of the Managing Board
for fi scal year 2007:
Defi ned Contribution Benefi t Plan (BSAV)
Information pursuant to Section 4.2.5 para. 2, 2nd sentence
of the German Corporate Governance Code
(Amounts in €)
Balance of
BSAV account
at September
30, 2007(1)
Total contri-
bution for
fi scal 2007
Of which,
funding of pen-
sion commit-
ments earned
prior to transfer
to the BSAV
Of which,
contributions
to the BSAV
account
Peter Löscher(2) – 280,000 – 280,000
– 8,500,0003) – 8,500,000
Dr. Klaus Kleinfeld(2) 1,095,556 805,000 154,700 650,300
Prof. Johannes Feldmayer(4) 672,143 524,160 129,908 394,252
Dr. Heinrich Hiesinger(5) 246,731 436,800 31,322 405,478
Joe Kaeser 544,341 436,800 24,097 412,703
Rudi Lamprecht 707,329 524,160 112,554 411,606
Dr. Jürgen Radomski(6) – – – –
Prof. Dr. Hermann Requardt(7) 496,554 436,800 27,816 408,984
Dr. Uriel J. Sharef 673,800 370,000 – 370,000
Prof. Dr. Klaus Wucherer 673,800 370,000 – 370,000
Eduardo Montes(8) 138,011 436,800 74,375 362,425
Prof. Dr. Erich R. Reinhardt(8) 571,513 436,800 102,637 334,163
Total 5,819,778 13,557,320 657,409 12,899,911
(1) In each case, including the additions in January 2007, but without refl ecting minimum interest of currently
2.25% accrued in the meantime.
(2) Effective June 30, 2007, Dr. Kleinfeld resigned from his offi ces as a full member of the Managing Board and as
CEO and President of the Managing Board of Siemens AG. The full term of his service agreement would have
expired on September 30, 2007. Effective July 1, 2007, Peter Löscher was elected a full member of the
Managing Board and appointed Chief Executive Offi cer and President of the Managing Board of Siemens AG.
(3) Special addition as of January 2008: for details see above (p. 97).
(4) Prof. Feldmayer had been suspended since March 28, 2007 and left the Managing Board, effective September
30, 2007.
(5) Dr. Hiesinger was elected a full member of the Managing Board, effective June 1, 2007.
(6) Dr. Radomski was not transferred to the BSAV.
(7) Prof. Dr. Requardt was elected a full member of the Managing Board, effective October 1, 2006.
(8) Deputy members of the Managing Board.
The defi ned benefi t obligation (DBO) of all pension commitments to members of the
Managing Board as of September 30, 2007 amounted to €46.0 million (2006: €54.8
million), which amount is included in Note 23 of the “Notes to Consolidated Finan-
cial Statements.”
Former members of the Managing Board and their surviving dependents received
emoluments within the meaning of § 314 (1), no. 6 b of the HGB totaling €16.0 mil-
lion (2006: €14.4 million) for the year ended September 30, 2007.
The defi ned benefi t obligation (DBO) of all pension commitments to former mem-
bers of the Managing Board and their surviving dependents as of September 30,
2007 amounted to €134.8 million (2006: €125.6 million), which amount is included
in Note 23 of the “Notes to Consolidated Financial Statements.”