Compensation Report

EXTRACT FROM THE COMPENSATION REPORT

Compensation paid to the Board of Directors
The following aggregate compensation was paid to the members of the Board of Directors for the fiscal years 2020 and 2019:

in CHF 1’000       2020
Name Function Fees Social insurance contributions and other benefits  Total 
Members of the Board of Directors
Ton Büchner1 Chairman 159
Valentin Vogt2 Chairman 145 14 41
Urs Leinhäuser Member 36 5 101
Dr. Monika Krüsi Member 91 10 111
Dr. Stephan Bross Member 101 10 95
David Dean Member 91 4 103
Total 91 12 610
Approved by the 2019 AGM for fiscal year 2020 555 55 640 5

in CHF 1’000       2019
Name Function Fees Social insurance contributions and other benefits Total
Members of the Board of Directors
Valentin Vogt Chairman 144 18 162
Urs Leinhäuser Member 91 10 101
Dr. Monika Krüsi Member 101 11 112
Dr. Stephan Bross Member 91 4 95
David Dean3 Member 68 9 77
Hans Hess4 Deputy Chairman 23 3 26
Total 518 55 573
Approved by the 2018 AGM for fiscal year 2019 5806

1 From July 4, 2020
2 Until July 3, 2020
3 From July 7, 2019
4 Until July 6, 2019
5 This amount includes a contingency reserve of CHF 15,000.
6 This amount includes a contingency reserve of CHF 11,000.

The total fixed compensation in the fiscal year under review is CHF 37,000 above the previous fiscal year. This increase is due to the adjustment of the fixed component paid to the Chairman of the Board of Directors. The Annual General Meeting of July 3, 2020 approved aggregate fixed compensation in the amount of CHF 640,000 (gross, incl. social insurance contributions) for the Board of Directors (5 persons) for fiscal year 2020. The amount of compensation actually paid was CHF 30,000 less than the approved amount.

Compensation paid to the Executive Management
The following compensation was paid to the members of the Executive Management for the fiscal years 2020 and 2019:

in CHF 1’000                  
Name Function Fixed base salary, cash Social insurance contributions and other benefits Total fixed compensation (gross) Variable annual bonus, cash Share-based long-term incentive pay Social insurance contributions and other benefits Total variable compensation (gross)  Total 
Executive Board
Marcel Pawlicek CEO 438 115 553 125 150 88 363 916
Other members of the Executive Board 1’127 263 1’390 267 375 199 841 2’231
Total 1’565 378 1’943 392 525 287 1’204 3’147
Approved by the 2019 AGM for fiscal year 2020 2’1201

in CHF 1’000                  
Name Function Fixed base salary, cash Social insurance contributions and other benefits Total fixed compensation (gross) Variable annual bonus, cash Share-based long-term incentive pay Social insurance contributions and other benefits Total variable compensation (gross)  Total 
Executive Board
Marcel Pawlicek CEO 431 111 542 107 98 45 250 792
Other members of the Executive Board 1’210 271 1’481 285 231 104 620 2’1012
Total 1’641 382 2’023 392 329 149 870 2’893
Approved by the 2018 AGM for fiscal year 2019 2’1203

1 This amount includes a contingency reserve of CHF 200,000.
2 This amount includes Rainer Dübi’s compensation for the 2019 fiscal year and pro rata compensation for Martin Wendel until August 31, 2019.
3 This amount includes a contingency reserve of CHF 250,000.

The CEO’s fixed compensation for the period under review is comparable to the level from the previous fiscal year. The total amount of fixed compensation for the other members of the Executive Management is CHF 91,000 less than in the prior-year period. This is because fixed compensation was paid to 5 persons during the reporting period, whereas in the previous year compensation was paid to 6 persons over 5 months. The Annual General Meeting of July 6, 2019 approved a total sum of CHF 2’120,000 (gross, including social insurance contributions) for the fixed compensation of the entire Executive Management for the fiscal year 2020. The amount of fixed compensation actually paid (gross, including social insurance contributions) was CHF 177,000 less than the approved amount.

The annual bonus for the Executive Management in fiscal year 2020 was the same as in the previous year. Personnel expenses for the Executive Management’s long-term incentive pay rose by CHF 196,000 from the previous year. The provision made for the long-term incentive pay has been adjusted based on the assessment of business performance over a multi-year period. Such an adjustment is in accordance with Swiss GAAP FER, requiring that the related expenses must be allocated over the program’s vesting period, which can lead to adjustments within individual fiscal years.

The total variable compensation for the individual members of the Executive Management for the period under review ranged from 36% to 40% of total compensation.

Detailed overview of shareholdings
As of March 31, 2021, the members of the Executive Management, and the Board of Directors (and related persons) owned the following numbers of shares of Burckhardt Compression Holding AG:

    31/03/2021 31/03/2020
Name Function Total shares Total shares
Members of the Board of Directors
Ton Büchner1 Chairman 5’000 n/a
Valentin Vogt2 Chairman n/a 203’392
Urs Leinhäuser Member 1’714 1’643
Dr. Monika Krüsi Member 1’119 1’048
Dr. Stephan Bross Member 349 278
David Dean Member 408 355
Total 8’590 206’716
Executive Board
Marcel Pawlicek CEO 41’937 42’111
Rolf Brändli CFO 2’423 1’702
Sandra Pitt CHRO 908 278
Fabrice Billard President Systems Division 1’300 600
Rainer Dübi President Services Division 824 600
Total 47’392 45’291
Total Board of Directors and Executive Board 55’982 252’007
As a % of all outstanding shares 1.7% 7.4%

1 From July 4, 2020
2 Until July 3, 2020