The Compensation Committee, which is chaired by Richard Roy, handles all business matters of the Board of Directors concerning remuneration. In particular, it submits proposals concerning the Group salary policy, the concept of compensation for the Board of Directors and the Group Executive Board, the general terms and conditions of employment for upper management staff, the company's equity participation schemes and the total amount of all remuneration paid to the Group Executive Board and the CEO. It also decides on the individual remuneration of the members of the Group Executive Board, not including the CEO.