This Compensation Report outlines the principles for determining the compensation for the members of the Board of Management and the Supervisory Board of Covestro AG and explains the compensation of the individual members. The Report was prepared by the Board of Management and the Supervisory Board in accordance with the requirements of section 162 of the German Stock Corporation Act (AktG) and complies with the recommendations of the German Corporate Governance Code (GCGC) as amended on April 28, 2022. Relevant information is published on Covestro’s website. Moreover, in terms of content and structure, the report is based on the Compensation Report for the year 2024, which was approved by the Annual General Meeting (AGM) on April 17, 2025 with a majority of 93.20%.
Additional information on the details of the compensation system, the report on the audit of the compensation report, and the resolution of the Annual General Meeting approving the compensation system is available at: www.covestro.com/en/company/management/corporate-governance
The compensation system for the Board of Management members was approved by the AGM on April 17, 2025, with a majority of 93.09%; it is available on the company’s website.
For further information, please refer to: www.covestro.com/en/company/management/corporate-governance