Reebok 2014 Annual Report Download - page 39

35
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
Allocation in accordance with the Code
Pursuant to the recommendations of the Code, the fixed compensation, other benefits and the
service costs as well as the Performance Bonus are to be disclosed as an allocation for the financial
year in which the compensation was granted. As stipulated by the Code, the LTIP Bonus resulting
from the LTIP 2012/2014 measured over a three-year period is disclosed for the year in which the
plan ends, i.e. for the 2014 financial year.
03
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Allocation (€)
Allocation Herbert Hainer
CEO
Roland Auschel
Executive Board member, Global Sales
Glenn Bennett
Executive Board member, Global Sales
Since October 1, 2013
2014 2013 2014 2013 2014 1) 2013 2)
Fixed compensation 1,500,000 1,481,989 550,000 137,500 546,029 546,563
Other benefits 35,397 53,744 19,931 4,704 15,761 15,822
Total 1,535,397 1,535,733 569,931 142,204 561,790 562,385
One-year variable compensation 3) 700,194 827,502 220,000 65,000 203,660 240,925
Multi-year variable compensation 3,234,000 0 481,250 0 1,763,425 0
LTIP 2012/2014 4) 3,234,000 0 481,250 0 1,763,425 0
Follow-up bonus 5) n.a. n.a. n.a. n.a. n.a. n.a.
Total 5,469,591 2,363,235 1,271,181 207,204 2,528,875 803,310
Service cost 6) 330,836 331,765 390,536 97,612 756,632 112,614
Overall compensation 5,800,427 2,695,000 1,661,717 304,816 3,285,507 915,924
Allocation Eric Liedtke
Executive Board member, Global Brands
Robin J. Stalker
Chief Financial Officer
Erich Stamminger
Executive Board member, Global Brands
Since March 6, 2014 Until March 6, 2014
2014 2013 2014 2013 2014 2013
Fixed compensation 409,946 n.a. 605,000 605,000 192,500 770,000
Other benefits 13,130 n.a. 18,617 15,966 10,266 50,068
Total 423,076 n.a. 623,617 620,966 202,766 820,068
One-year variable compensation 3) 183,333 n.a. 221,502 261,775 0 482,710
Multi-year variable compensation 306,250 n.a. 1,617,000 0 1,386,000 0
LTIP 2012/2014 4) 306,250 n.a. 1,617,000 01,386,000 0
Follow-up bonus 5) n.a. n.a. n.a. n.a. n.a. n.a.
Total 912,659 n.a. 2,462,119 882,741 1,588,766 1,302,778
Service cost 6) 315,951 n.a. 907,791 240,980 147,679 157,369
Overall compensation 1,228,610 n.a. 3,369,910 1,123,721 1,736,445 1,460,147
1) Exchange rate 1.3296 $/€ (annual average rate 2014).
2) Exchange rate 1.3283 $/€ (annual average rate 2013).
3) No Performance Bonus granted to Erich Stamminger for 2014 due to his resignation effective March 6, 2014. Pro rata temporis Performance Bonus 2014 for Eric Liedtke effective March 6, 2014
due to his appointment during the year.
4) Pro rata temporis LTIP Bonus 2012/2014 due to the appointment of Roland Auschel (effective October 1, 2013) and Eric Liedtke (effective March 6, 2014) during the plan term. Pro rata temporis
LTIP Bonus 2012/2014 due to the resignation of Erich Stamminger (effective March 6, 2014) during the plan term.
5) Payout of the follow-up bonus to Erich Stamminger at the end of March 2015 and March 2016.
6) 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.