Introduction

The Compensation Report describes the compensation policy and programmes of Zehnder Group AG as well as the methods determinating compensation. Further, it provides details about the compensation awarded to the members of the Board of Directors and the Group Executive Committee in the fiscal year 2021.

The Compensation Report was prepared in accordance with the Ordinance against Excessive Compensation in Listed Companies (ERCO) and is in line with the principles of the Corporate Governance Directive issued by SIX Exchange Regulation AG and the Swiss Code of Best Practice from economiesuisse. This Compensation Report shows how the business results are reflected in the variable compensation awarded to members of the Group Executive Committee in 2021.