Commentaries: Art. 734a

The remuneration report shall specify all the remuneration that the company has paid directly or indirectly to:
1. current members of the board of directors;
2. current members of the executive board;
3. current members of the board of advisors;
4. former members of the board of directors, the executive board or the board of advisors, provided they are connected with their former activity as a corporate body of the company; the foregoing does not apply to occupational pension benefits.
In particular, the following are deemed to be remuneration:
1. fees, salaries, bonuses and account credits;
2. shares of profits paid to board members and commissions, participation in turnover and other forms of participation in the business results;
3. services and benefits in kind;
4. the allocation of equity securities, and conversion and option rights;
5. joining bonuses;
6. guarantee and pledge commitments and other collateral commitments;
7. waivers of claims;
8. expenditures giving rise to or increasing occupational benefit entitlements;
9. all payments and benefits for additional work;
10. compensation connected with the prohibition of competition.
The details of the remuneration shall include:
1. the amount for the board of directors as a whole and the amount for each member, specifying the name and function of the member concerned;
2. the amount for the executive board as a whole and the highest amount for each member, specifying the name and function of the member concerned;
3. the amount for the board of advisors as a whole and the amount for each member, specifying the name and function of the member concerned;
4. if applicable the names and functions of the members of the executive board to whom additional amounts have been paid.