Basic Principles of Compensation

The compensation system of dormakaba reflects the Companyʼs commitment to attracting, engaging, and retaining the best talent. It is designed to engage executives and employees to implement the company’s strategy, to achieve the company’s short-term and long-term business objectives, and to create sustainable shareholder value.

The compensation for BoD members consists exclusively of a fixed payment in cash and restricted shares. This ensures that the BoD remains independent in exercising its supervisory duties toward the EC.

The compensation for EC members consists of fixed and variable payments in cash, shares and benefits. The EC compensation system principles are illustrated below.

The compensation system for EC members and its four principles