The annual remuneration of the members of the Management Board consists of fixed components, profit-based components as well as long-term profit-based components. The bonus is determined by the Supervisory Board at its dutiful discretion on the basis of the financial performance of the Company. The Supervisory Board may agree an appropriate special bonus in the case of exceptional performances.
Pursuant to Art. 13 (1) of the articles of incorporation and bylaws passed by the shareholders’ meeting of MAGIX AG, the Company’s Supervisory Board receives a fixed remuneration for each fiscal year. This remuneration is passed by the shareholders' meeting. In addition, any expenses incurred by the Supervisory Board are reimbursed. Its members do not receive variable remuneration.
Berlin, January 4, 2008
Dieter Rein Management board
Jürgen Jaron Management board
Tilman Herberger Management board