Reebok 2014 Annual Report Download - page 38

34
2014
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01.6
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Compensation Report
To Our Shareholders
adidas Group
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2014 Annual Report
02
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Benefits granted (€)
Benefits granted Herbert Hainer
CEO
Roland Auschel
Executive Board member, Global Sales
Since October 1, 2013
2014 2013 2014 (min.) 2014 (max.) 2014 2013 2014 (min.) 2014 (max.)
Fixed compensation 1,500,000 1,481,989 1,500,000 1,500,000 550,000 137,500 550,000 550,000
Other benefits 35,397 53,744 35,397 35,397 19,931 4,704 19,931 19,931
Total 1,535,397 1,535,733 1,535,397 1,535,397 569,931 142,204 569,931 569,931
One-year variable compensation 1) 1,273,080 1,273,080 01,909,620 400,000 100,000 0 600,000
Multi-year variable compensation 1,540,000 1,540,000 0 2,310,000 550,000 137,500 0 825,000
LTIP 2012/2014 2) 1,540,000 1,540,000 02,310,000 550,000 137,500 0 825,000
Follow-up bonus 3) n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Total 4,348,477 4,348,813 1,535,397 5,755,017 1,519,931 379,704 569,931 1,994,931
Service cost 4) 330,836 331,765 330,836 330,836 390,536 97,612 390,536 390,536
Overall compensation 4,679,313 4,680,578 1,866,233 6,085,853 1,910,467 477,316 960,467 2,385,467
Benefits granted Glenn Bennett
Executive Board member, Global Sales
Eric Liedtke
Executive Board member, Global Brands
Since March 6, 2014
2014 5) 2013 6) 2014 (min.) 2014 (max.) 2014 2013 2014 (min.) 2014 (max.)
Fixed compensation 546,029 546,563 546,029 546,029 409,946 n.a. 409,946 409,946
Other benefits 15,761 15,822 15,761 15,761 13,130 n.a. 13,130 13,130
Total 561,790 562,385 561,790 561,790 423,076 n.a. 423,076 423,076
One-year variable compensation 1) 370,292 370,654 0 555,438 333,333 n.a. 0 500,000
Multi-year variable compensation 839,726 840,548 0 1,259,589 437,500 n.a. 0 656,250
LTIP 2012/2014 2) 839,726 840,548 0 1,259,589 437,500 n.a. 0 656,250
Follow-up bonus 3) n.a. n.a. n.a. n.a. n.a. n.a. n.a. n.a.
Total 1,771,808 1,773,587 561,790 2,376,817 1,193,909 n.a. 423,076 1,579,326
Service cost 4) 756,632 112,614 756,632 756,632 315,951 n.a. 315,951 315,951
Overall compensation 2,528,440 1,886,201 1,318,422 3,133,449 1,509,860 n.a. 739,027 1,895,277
Benefits granted Robin J. Stalker
Chief Financial Officer
Erich Stamminger
Executive Board member, Global Brands
Until March 6, 2014
2014 2013 2014 (min.) 2014 (max.) 2014 2013 2014 (min.) 2014 (max.)
Fixed compensation 605,000 605,000 605,000 605,000 192,500 770,000 192,500 192,500
Other benefits 18,617 15,966 18,617 18,617 10,266 50,068 10,266 10,266
Total 623,617 620,966 623,617 623,617 202,766 820,068 202,766 202,766
One-year variable compensation 1) 402,730 402,730 0 604,095 0 742,630 0 0
Multi-year variable compensation 770,000 770,000 0 1,155,000 603,387 990,000 603,387 603,387
LTIP 2012/2014 2) 770,000 770,000 0 1,155,000 0 990,000 0 0
Follow-up bonus 3) n.a. n.a. n.a. n.a. 603,387 n.a. 603,387 603,387
Total 1,796,347 1,793,696 623,617 2,382,712 806,153 2,552,698 806,153 806,153
Service cost 4) 907,791 240,980 907,791 907,791 147,679 157,369 147,679 147,679
Overall compensation 2,704,138 2,034,676 1,531,408 3,290,503 953,832 2,710,067 953,832 953,832
1) No Performance Bonus granted to Erich Stamminger for 2014 due to his resignation effective March 6, 2014. Contractually agreed Performance Bonus target amount 2014 for Eric Liedtke
effective March 6, 2014 due to his appointment during the year.
2) Contractually agreed LTIP Bonus target amount 2012/2014 due to the appointment of Roland Auschel (effective October 1, 2013) and Eric Liedtke (effective March 6, 2014) during the plan term.
Contractually agreed LTIP Bonus target amount 2012/2014 due to the resignation of Erich Stamminger (effective March 6, 2014) during the plan term.
3) Contractually agreed follow-up bonus for Erich Stamminger: € 362,032 for the period from March 6, 2014 to March 5, 2015, payable by the end of March 2015, and € 241,355 for the period from
March 6, 2015 to March 5, 2016, payable by the end of March 2016.
4) Increase of the service costs for Glenn Bennett and Robin J. Stalker for the 2014 financial year due to amendment of the Pension Agreements effective March 6, 2015, comprising the 2014
service cost and the 2014 past service cost.
5) Exchange rate 1.3296 $/€ (annual average rate 2014).
6) Exchange rate 1.3283 $/€ (annual average rate 2013).