Total Compensation of the Board of Management and the Supervisory Board, Advances and Loans

In 2018, the compensation of the Supervisory Board amounted to €3,897 thousand (2017: €3,703 thousand), and the compensation of the Board of Management totaled €20,552 thousand (2017: €26,168 thousand). The total compensation of the Board of Management included a short-term component of €15,149 thousand (2017: €11,304 thousand) and a long-term component of €5,403 thousand (2017: €12,886 thousand), with stock-based compensation accounting for €1,914 thousand (2017: €8,979 thousand) of this figure.

Pension payments to former members of the Board of Management and their surviving dependents in 2018 amounted to €17,138 thousand (2017: €12,758 thousand). The defined benefit obligation for former members of the Board of Management and their surviving dependents amounted to €185,736 thousand (2017: €184,479 thousand). In addition, severance payments of €0 thousand (2017: €1,978 thousand) were made in connection with the termination of a service contract. There were no advances or loans to members of the Board of Management or the Supervisory Board outstanding as of December 31, 2018, nor at any time during 2018 or 2017.

Further details of the compensation of the Board of Management and Supervisory Board are given in the Compensation Report within the Management Report.

Compare to Last Year