Audi 2010 Annual Report Download - page 247

245
The response to the suggestions made in the Code is as follows:
From now on, AUDI AG will broadcast the Annual General Meeting on the Internet up until the
start of the discussion. This strikes a balance between the need for information and the general
right to privacy of the individual stockholder. This procedure means that there is no need to
ensure that stockholders who are not attending the meeting can contact a voting proxy of the
Company during the Annual General Meeting (Section 2.3.3, Sentence 3, 2nd half of sentence
of the Code). Additionally, the performance-based remuneration paid to members of the Super-
visory Board does not contain any components relating to the long-term business performance
of the Company (Section 5.4.6, Para. 2, Sentence 2 of the Code). Public discussion of this issue
among experts will continue to be monitored.
Particulars pursuant to Section 6.6 of the Code
No reportable acquisition or sales transactions were conducted during the past fiscal year.
Stock option plans and similar securities-based incentive arrangements
AUDI AG does not offer any such plans or incentive arrangements.
System of remuneration
The basic principles of the remuneration system for the members of the Board of Management
are outlined in the Notes to this Annual Report under “Details relating to the Supervisory Board
and Board of Management.” This information is also available on the Company’s website
(www.audi.com/notes).
Declaration relating to the Code on the Internet
The joint declaration of the Board of Management and Supervisory Board of AUDI AG on
the recommendations of the German Corporate Governance Code was published on the
Audi website (www.audi.com/cgk-declaration) on November 29, 2010.