Remuneration

The Supervisory Board’s compensation is determined through resolution by the Annual General Meeting.

As determined by the Annual General Meeting’s resolution of May 28, 2024​:

Remuneration of the members of the Supervisory Board elected by the General Meeting for the financial year 2024:

    • EUR 60,000 for the Chairman
    • EUR 37,500 for the Deputy Chairman
    • EUR 30,000 for the other members
    • EUR 30,000 for the Chairman of a Committee
    • EUR 18,750 for the Deputy Chairman of a Committee
    • EUR 15,000 for the other members of a Committee
    • EUR 600/Supervisory Board Meeting - attendance fee


    The Supervisory Board does not participate in stock option plans.

    D&O Insurance

    OMV insures directors and officers of OMV and its fully consolidated subsidiaries in that capacity as to compensation amounts due to personal civil legal liability as well as defense costs in such civil legal proceedings taken against them. The insurance does not provide cover for deliberately, fraudulently or dishonestly committed wrongful acts of these directors.

    In 2004, the AGM consented to contract D&O insurance for the members of the Supervisory Board of OMV Aktiengesellschaft and amended the Articles of Association in order to authorize the Executive Board to take out such insurance. The conclusion of a D&O insurance for the members of the Executive Board of OMV Aktiengesellschaft has to be approved by the Supervisory Board.

    Remuneration Report

    The remuneration report shall provide an overview of the remuneration package for the current and former members of the Executive Board and the Supervisory Board. It outlines the principles of the Remuneration Policy and details of the different elements of remuneration including incentives and other benefits The Remuneration Report for the last financial year shall be submitted to the Annual General Meeting for voting. The voting results constitute recommendations. No legal challenge is possible (Section 78d para 1 of the Austrian Stock Corporation Act).

    In the past, the Remuneration Report for the Supervisory Board was submitted for voting separately.

    Downloads

    • Remuneration Report for the Executive Board and the Supervisory Board 2023
    • Remuneration Report for the Supervisory Board 2022
    • Remuneration Report for the Supervisory Board 2021
    • Remuneration Report for the Supervisory Board 2020

    Remuneration Policy for the Supervisory Board

    The Supervisory Board shall draw up the principles for the remuneration of the members of the Executive Board and the Supervisory Board in accordance with Section 78a in conjunction with Section 98a Stock Corporation Act (Remuneration Policy). The Remuneration Policy shall be submitted to the General Meeting for approval at least every fourth fiscal year and in the event of any material change. The results of the vote at the General Meeting constitute recommendations and the resolution cannot be challenged (Section 78b (1) Stock Corporation Act).

    Downloads

    • Remuneration Policy for the Supervisory Board as resolved by the General Meeting on May 28, 2024
    • Remuneration Policy for the Supervisory Board as resolved by the General Meeting on Sep 29, 2020

    The Remuneration Policy and the past Remuneration Reports for the Executive Board are published here.