Specific details of stock option plans and similar share-based incentive schemes offered by the company, insofar as they concern the Board of Management, are given in the remuneration report.
Senior executives of the Group take part in a global Share Matching Scheme. Within the framework of this plan, executives of grades B to D of our Role Classification System (RCS) must invest 15%, and may invest up to 50%, of their annual variable remuneration in Deutsche Post stock at the current share price. Executives of grades E and F may invest up to 50% of their annual variable remuneration. After a four-year holding period and a corresponding period of affiliation with the Group, the executives receive one bonus share for every Deutsche Post share purchased and continuously held under the plan.
In addition, selected executives receive stock appreciation rights (SAR s) in annual tranches as a long-term remuneration component. Apart from the fact that they do not need to make a personal investment, the structure of this remuneration element corresponds to that described in the remuneration report for the Board of Management.