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Remuneration of the Board of Management

Remuneration of the Board of Management 

The current remuneration system of the Board of Management became effective on January 1, 2019 and was approved by the Annual General Meeting of Allianz SE on May 8, 2019 with a majority of 92.11%.  On May 5, 2021, the remuneration system of the Board of Management of Allianz SE will again be presented to the shareholders for vote at the Annual General Meeting.

It supports sustainable performance („Pay for Performance“) and was aligned with the business strategy as well as shareholders’ interests and applicable laws.

Remuneration structure

Total target direct compensation and remuneration structure
Detailed information on the remuneration system of the Allianz SE Board of Management is available in the following documents:

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Remuneration of the Supervisory Board

Structure and level of the Supervisory Board remuneration are approved by the Annual General Meeting and are governed by the Statutes

Executive remuneration

The general objective for all Allianz remuneration structures is to offer competitive reward in terms of components, structures and levels

Annual Report

The Allianz Group Annual Report is available as PDF and in the Allianz Investor Relations App.