DHL 2014 Annual Report Download - page 43

NON-FINANCIAL PERFORMANCE INDICATOR
Employee Opinion Survey result as a management indicator
Our annual worldwide Employee Opinion Survey shows us how we are perceived as a
group from the perspective of our employees. We place particular signicance on the
survey’s indication of Employee Engagement and of how employees rate the leader-
ship behaviour of their superiors. e Active Leadership indicator is thus used in the
calculation of bonuses for our executives. e results of the Employee Opinion Survey
carried out in the reporting year can be found in the Employees section.
Disclosures required by takeover law
Disclosures required under sections  and  of the Handelsgesetzbuch (–
German Commercial Code) and explanatory report
Composition of issued capital, voting rights and transfer of shares
As at  December , the company’s share capital totalled ,,, and was
composed of the same number of no-par value registered shares. Each share carries the
same statutory rights and obligations and entitles the holder to one vote at the Annual
General Meeting . No individual shareholder or group of shareholders is entitled
to special rights, particularly rights granting powers of control.
e exercise of voting rights and the transfer of shares are based on the general legal
requirements and the company’s Articles of Association, which do not restrict either of
these activities. Article  of the Articles of Association sets out the requirements that
must be met in order to attend the  as a shareholder and exercise a voting right. Only
persons entered in the share register shall be recognised as shareholders by the company.
e Board of Management is not aware of any agreements between shareholders that
would limit voting rights or the transfer of shares.
Members of the Board of Management receive stock appreciation rights  s
each year as a long-term remuneration component under the Long-Term Incentive Plan
provided that they invest in each tranche of the plan, preferably in Deutsche Post 
shares but alternatively in cash. If a Board of Management member sells the shares
included in their personal investment for the tranche or disposes of their personal cash
investment before the scheduled waiting period of four years has expired, all  s from
that tranche will be forfeited.
As part of the Share Matching Scheme, participating Group executives are obligated
to use a portion of their annual bonus to purchase shares in the company. According
to the underlying terms, shares acquired under the scheme are subject to a four-year
lock-up period.
Shareholdings exceeding   of voting rights
KfW Bankengruppe (KfW), Frankfurt am Main, is our largest shareholder, holding
around .  of the share capital. e Federal Republic of Germany holds an indirect
stake in Deutsche Post  via KfW. According to the notications we have received pur-
suant to sections  et seq. of the Wertpapierhandelsgesetz (WpHG – German Securities
Trading Act), KfW and the Federal Republic of Germany are the only shareholders that
own more than   of the share capital, either directly or indirectly.
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Deutsche Post  Group —  Annual Report
37
Group Management Report — GENERAL INFORMATION — Group management — Disclosures required by takeover law