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Remuneration of the Board of Management 

Taking into account the Act Implementing the Second Shareholder Rights Directive (Gesetz zur Umsetzung der zweiten Aktionärsrechterichtlinie – ARUG II) and the new German Corporate Governance Code, the Supervisory Board resolved to adjust the remuneration system of the Board of Management effective January 1, 2021 and presented the remuneration system to the Annual General Meeting on May 5, 2021 for approval under agenda item 5. The Annual General Meeting approved the remuneration system for the members of the Board of Management with a majority of 87.14%.

Remuneration structure

Detailed information on the remuneration system of the Allianz SE Board of Management is available in the following documents: