About this committee
The Selection, Appointment and Remuneration Committee (SARC) consists of at least two members and assists the Supervisory Board with the following tasks:
- reviewing the Remuneration Policy for members of the Executive Board
- drafting the Remuneration Report
- making proposals for remuneration of individual members of the Executive Board
- reviewing share-based compensation schemes
- assessing the composition and performance of the Executive Board and the Supervisory Board and advising on selection criteria and appointment procedures
- reviewing selection criteria, appointment procedures and compensation structure of the Company’s top management.
Given the size of the Supervisory Board, it was decided to combine the tasks in the area of Executive and Supervisory Board nomination and remuneration policy into one Committee.
Members