UNIQA Group Report 2012

Members of the Management Board receive their remuneration exclusively from UNIQA Versicherungen AG, the Group holding company.

Figures in € thousand

2012

2011

1)	The fixed salary components contain benefits in kind in the amount of € 49,909 (2011: € 44,079).
2)	These variable payments were made for the 2010 financial year, together with the provisions made in the 2010 Annual Financial statements in the amount of €1,959,000. The members of the Management Board did not receive any variable payments for 2011.

The expenses for remuneration of Management Board members attributable to the financial year amounted to:

Fixed payments¹⁾

2,145

2,054

Variable payments

3,149

43²⁾

Regular payments

5,294

2,097

Severance claims

1,855

2,785

Total

7,149

4,882

Of which was proportionally passed on to the operative subsidiaries

6,791

4,638

Former members of the Management Board and their surviving dependants were paid

2,644

2,598

For pension commitments to these persons, the following provision was made on 31 December

23,818

20,790

The salaries of the Management Board are divided up among the individual members as follows:

Name of Management Board member	Fixed payments 2012	Variable payments 2012	Total regular payments 2012	Severance claims 2012	Annual total
Figures in € thousand	Fixed payments 2012	Variable payments 2012	Total regular payments 2012	Severance claims 2012	Annual total
Andreas Brandstetter	407	579	986	–	986
Hannes Bogner	358	517	875	–	875
Wolfgang Kindl	340	512	852	–	852
Hartwig Löger (until 31 December 2012)	340	512	852	–	852
Kurt Svoboda	340	512	852	–	852
Gottfried Wanitschek (until 31 December 2012)	359	517	876	1,855	2,731
Total amount	2,145	3,149	5,294	1,855	7,149
Previous year	2,054	43	2,097	2,785	4,882

In addition to the salaries listed above, the following pension fund contributions were paid to the members of the Management Board for existing pension commitments in the financial year. The equalisation payments arise in the event of departure before the age of 65 based on the general funding of pension claims until the age of 65.

Pension fund contributions	Regular	Equalisation payments	Annual total
Figures in € thousand	contributions	Equalisation payments	Annual total
Andreas Brandstetter	84	–	84
Hannes Bogner	128	–	128
Wolfgang kindl	119	–	119
Hartwig Löger (until 31 December 2012)	108	–	108
Kurt Svoboda	105	–	105
Gottfried Wanitschek (until 31 December 2012)	142	1,254	1,396
Total amount	686	1,254	1,940
Previous year	734	3,849	4,584

The compensation to the members of the Supervisory Board for their work in the 2011 financial year was €304,000. A provision of €380,000 has been made for compensation of their work in the 2012 financial year. In 2012, €35,520 (2011: €33,375) were paid out in attendance fees and cash expenditures.

Figures in € thousand	2012	2011
For the current financial year (provision)	380	304
Attendance fees	36	33
Total	416	337

The Supervisory Board's compensation (including attendance fees) was split between the individual members of the Supervisory Board as follows:

Name of Supervisory Board member

Compensation 2012¹⁾

Compensation
2011

Figures in € thousand

1)	The Management Board and Supervisory Board intend to recommend to the 2013 Annual General Meeting that a resolution be passed to increase compensation (a return to the level of the 2010 financial year).

Walter Rothensteiner

Christian Konrad (until 29 May 2012)

Georg Winckler

Erwin Hameseder

Christian Kuhn

Günther Reibersdorfer

Ewald Wetscherek

Ernst Burger

Peter Gauper (since 29 May 2012)

–

Eduard Lechner

Hannes Schmid (until 29 May 2012)

Johannes Schuster (since 29 May 2012)

–

Former members of the Supervisory Board did not receive any compensation.

The information according to Section 239 (1) of the Austrian Commercial Code in connection with Section 80b of the Insurance Supervisory Act, which must be included in the Notes as mandatory information for IFRS financial statements to release the company from the requirement to prepare financial statements in accordance with the Austrian Commercial Code, is defined for the individual financial statements according to the provisions of the Austrian Commercial Code, with expanded scope. In addition to the executive functions (Management Board) of UNIQA Versicherungen AG, the individual financial statements also include the earnings of the Management Boards of the subsidiaries, insofar as there is a legally binding basis with UNIQA Versicherungen AG.

Earnings of the Management Board and Supervisory Board