Adidas 2002 Annual Report Download - page 144

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Remuneration of the Supervisory Board and the Executive Board of adidas-Salomon AG
Supervisory Board remuneration comprises only fixed components. In addition to the total
remuneration indicated above, two members of the Supervisory Board received € 0.5 million in total
for additional advisory activities for the years ending December 31, 2002 and 2001 respectively.
The remuneration for the Executive Board is divided into fixed and variable components and
components with long-term incentive impact. The variable component is contingent upon the
attainment of individual and Group targets.
Under the management stock option plan (MSOP) of adidas-Salomon AG, members of the
Executive Board hold non-transferable stock options on 142,600 shares and 88,800 shares of
adidas-Salomon AG as at December 31, 2002 and 2001 respectively. In 2002, members of the
Executive Board received 39,000 stock options. For details of the stock option plan see note 30.
31 /// OTHER INFORMATION
Employees
The average numbers of employees are as follows:
142 FINANCIAL ANALYSIS CONSOLIDATED FINANCIAL STATEMENTS (IFRS) /// NOTES – ADDITIONAL INFORMATION
EMPLOYEES
Year ending December 31
2002 2001
Sales companies 8,935 8,324
Sourcing/Production 3,198 3,689
Global marketing/Research and development 1,512 1,100
Central functions 816 727
14,461 13,840
REMUNERATION OF THE SUPERVISORY AND EXECUTIVE BOARD MEMBERS € in thousands
Year ending December 31
2002 2001
Supervisory Board remuneration 218 218
Executive Board remuneration 6,791 6,538
Thereof:
Fixed components 3,341 3,491
Variable components 3,450 3,047
Remuneration of former members of the Executive Board 1,914 1,909
Thereof:
Pension payments to former members of the Executive Board 73 68
Pension obligations regarding former members of the Executive Board 32,726 24,848