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49 Remuneration

Remuneration of the Supervisory Board

The members of the Supervisory Board received total remuneration of € 2.5 million during the 2022 fiscal year (2021: € 1.8 million) for their work.

Total Remuneration of the Management Board

The total remuneration paid to the members of the Management Board comprises the following:

Total Remuneration of the Management Board

Total remuneration of the Management Board in €

Total remuneration

2021

2022

Fixed remuneration and short-term variable remuneration

7,186,465

9,150,872

Total long-term variable share-based remuneration

4,828,565

6,807,249

of which

2021–2024

4,828,565

2022–2025

6,807,249

(number of shares)

88,524

138,742

Total remuneration

12,015,030

15,958,121

The remuneration paid to the Management Board members includes the remuneration for all mandates at Vonovia Group companies, subsidiaries and participating interests.

Remuneration of Former Management Board Members and Their Surviving Dependents

Total remuneration of former Management Board members and their surviving dependents amounts to € 0.4 million for the 2022 fiscal year (2021: € 0.9 million).

The defined benefit obligation (DBO) to former members of the Management Board and their surviving dependents amounts to € 14.8 million (2021: € 20.5 million).