Remuneration Executive and Supervisory Boards
The remuneration and current remuneration systems for the members of the Executive Board and the Supervisory Board are in accordance with applicable law and the recommendations of the German Corporate Governance Code (GCGC), unless a deviation has been or will be declared.
The remuneration and remuneration systems for the members of the Executive Board and Supervisory Board of Bilfinger SE are regularly reviewed and revised if necessary.
- The latest revision of the remuneration system for the members of the Executive Board was made in 2022/23 on the basis of applicable law and taking into account the GCGC in the version of April 28, 2022 (“2023 Remuneration System”). It was submitted to and approved by the Annual General Meeting on April 20, 2023. The remuneration system is effective since January 1, 2024
Information on the actual remuneration of the current and former members of the Executive Board and the Supervisory Board is provided annually in the remuneration report.
1) Here you can find the current remuneration report pursuant to Section 162 German Stock Corporation Act (AktG) on the remuneration of the members of the Executive Board and the Supervisory Board:
The remuneration report 2024 is submitted to the Annual General Meeting of Bilfinger SE on May 14, 2025 for approval.
In this remuneration report, the remuneration granted and due to current and former members of the Executive Board and Supervisory Board of Bilfinger SE in financial year 2024 is presented and explained in an individualized, clear and comprehensible manner. The remuneration report has been prepared in accordance with the requirements of Section 162 of the German Stock Corporation Act (AktG) as amended by the Act on the Implementation of the Second Shareholder Rights Directive of December 12, 2019 (Federal Law Gazette Part I 2019, No. 50 of December 19, 2019; “ARUG II”).
2) Here you can find the remuneration reports of the previous years on the remuneration of the members of the Executive Board and the Supervisory Board:
* Part of the Combined Management Report of Bilfinger SE and the Group for the 2020 financial year
1) Here you find the updated remuneration system for the members of the Executive Board, effective from 2023 Remuneration System (since 2024):
The 2023 Remuneration System for the members of the Executive Board of the Company was finally adopted by the Supervisory Board on March 7, 2023 and approved by the Annual General Meeting on April 20, 2023 with a majority of 76.85% of the votes cast. It is included as annex to agenda item 6 of the invitation to the Annual General Meeting 2023. The voting results for the items on the agenda of the Annual General Meeting 2023 can be found here (in German language).
The 2023 Remuneration System applies from January 1, 2024 to all members of the Executive Board whose service agreements will be newly signed or extended as from the date of the approval of this system by the General Meeting on April 20, 2023.
2) Here you find the previous remuneration system for the members of the Executive Board:
The currently valid remuneration system for the members of the Executive Board of the Company was finally adopted by the Supervisory Board on February 9, 2021 and approved by the Annual General Meeting on April 15, 2021 with a majority of 80% of the votes cast. It is included as annex to agenda item 7 of the invitation to the Annual General Meeting 2021. The voting results for the items on the agenda of the Annual General Meeting 2021 can be found here (in German language).
Regarding the actual remuneration of the members of the Executive Board, please refer to the current remuneration report (see above Remuneration report).
Here you will find the current remuneration system for the members of the Supervisory Board:
Applicable remuneration system for the members of the Supervisory Board (since 2022)
On May 11, 2022, the Annual General Meeting changed the remuneration of the members of the Supervisory Board of Bilfinger SE, which is regulated in Article 16 of the Articles of Incorporation of the Company and approved the current remuneration system for the members of the Supervisory Board as part of this remuneration resolution. The remuneration resolution was adopted with a majority of 99.83 % of the votes cast and is included with explanation in agenda item 7 of the invitation to the Annual General Meeting 2022. The voting results for the items on the agenda of the Annual General Meeting 2022 can be found here (in German).
Regarding the actual remuneration of the Supervisory Board members, please refer to the current remuneration report.
