Siemens 2008 Annual Report Download - page 139

Corporate Governance Report: Compensation Report 43
(1)
Wolfgang Dehen and Dr. Siegfried Russwurm were elected full members of the Managing Board effective January 1, 2008.
(2)
Jim Reid-Anderson was elected a full member of the Managing Board effective May 1, 2008.
(3)
Peter Y. Solmssen was elected a full member of the Managing Board effective October 1, 2007.
(4)
Dr. Klaus Kleinfeld resigned from the Managing Board effective June 30, 2007; Prof. Johannes Feldmayer resigned from the Managing Board
effective September 30, 2007; and Rudi Lamprecht, Eduardo Montes, Dr. Jürgen Radomski, Dr. Uriel J. Sharef and Prof. Dr. Klaus Wucherer
resigned from the Managing Board effective December 31, 2007.
(5)
Deputy members of the Managing Board until December 31, 2007.
(6)
Prof. Dr. Erich R. Reinhardt was elected a full member of the Managing Board effective January 1, 2008 and resigned from the Managing
Board effective April 30, 2008.
Stock options exercised in fiscal year 2008
(Amounts in number of units or in €) Number of options Weighted average market
price on date of exercise
Managing Board members serving
as of September 30, 2008
Peter Löscher – –
Wolfgang Dehen(1) 17,295 96.25
Dr. Heinrich Hiesinger – –
Joe Kaeser 6,000 96.25
Jim Reid-Anderson(2) – –
Prof. Dr. Hermann Requardt – –
Dr. Siegfried Russwurm(1) 18,060 100.64
Peter Y. Solmssen(3) – –
Former Managing Board
members
Dr. Klaus Kleinfeld(4) – –
Prof. Johannes Feldmayer(4) – –
Rudi Lamprecht(4) 45,465 107.99
Eduardo Montes(4)(5) 17,800 106.18
Dr. Jürgen Radomski(4) 28,945 96.06
Prof. Dr. Erich R. Reinhardt(5)(6) – –
Dr. Uriel J. Sharef(4) 30,000 96.79
Prof. Dr. Klaus Wucherer(4) 81,480 102.50
Total 245,045 101.59
Pension benet commitments – The amount of the contributions to the Siemens Dened Contribution Benet
Plan (BSAV) is determined annually by the Chairman’s Committee of the Supervisory Board. The contributions
under the BSAV are added to the personal pension account each January following the close of the scal year,
with value date on January 1. Until the beneciary’s time of retirement, the pension account is credited on Janu-
ary 1 each year with an annual interest payment (guaranteed interest).
For scal year 2008, the members of the Managing Board were granted contributions under the BSAV totaling
€15.1 million (2007: €13.6 million), based on a resolution adopted by the Chairman’s Committee of the Super-
visory Board on November 12, 2008. Of this amount, €0.2 million (2007: €0.7 million) relates to funding of pen-
sion commitments earned prior to transfer to the BSAV and the remaining €14.9 million (2007: €12.9 million)
to contributions granted under the BSAV.