8. Incentive Systems

The company discloses how target agreements and remuneration schemes for executives and employees are also geared towards the achievement of sustainability goals and how they are aligned with long-term value creation. It discloses the extent to which the achievement of these goals forms part of the evaluation of the top managerial level (board/managing directors) conducted by the monitoring body (supervisory board/advisory board).

At Werner & Mertz our executives and employees participate in a goal-setting process in which they work out strategic issues and goals that are agreed to and monitored annually. Both corporate goals and individual goals are involved in the process. Special sustainability goals are not defined. Agreements are monitored with a focus on further development in the areas of responsibility for executives and employees.

A remuneration system that explicitly includes sustainability goals does not yet exist nor is one planned.