Shareholding Guidelines
In order to further strengthen the long-term focus of the members of the Board and the Group Executive Board and to align their interests more closely with those of SIG’s shareholders, Shareholding Guidelines are in place. These guidelines complement the long-term vesting periods under the LTIP and essentially ensure a high level of alignment beyond a limited number of years (i.e. instead of post-vest holding requirements) and extending over the entire term of office of each Board or Group Executive Board member.
The Board of Directors decided to increase the level of shareholding requirement as of 2024. Members of the Board (including the Chair) are required to build up an investment in SIG shares worth the equivalent of 200% of their annual base fees within a five-year build-up period from the first equity grant date.
Similarly, members of the Group Executive Board are required to build up an investment in SIG shares worth the equivalent of 120% of their annual base salary, or 300% for the CEO and 150% for the CFO, within a five-year build-up period, starting with their first grant under the equity-based compensation plan.
To assess whether the thresholds have been met, all blocked or unblocked SIG shares and vested or unvested entitlements to SIG shares (excluding PSUs granted) are considered. Additionally, SIG shares acquired privately, either outright or beneficially, by the members of the Board or Group Executive Board or their immediate family members count towards meeting the thresholds.
Adherence with the Shareholding Guidelines is assessed annually by the Compensation Committee.
The annual shareholding assessment showed full compliance with the regulation for all members of the Board of Directors and Group Executive Board, considering that for some members the build-up period is still ongoing.
Shareholdings
The following tables show the shareholdings as well as holdings of option rights of the members of the Board of Directors as well as the members of the Group Executive Board as of December 31, 2024 and December 31, 2023.
Board of Directors
Table 4: Shareholdings1 of the Board of Directors as of December 31, 2024, including figures for the prior year.icon check pink
|
|
|
|
Total number of shares on |
|
Total number of shares on |
|
Total number of options5 held on |
|
Total number of options5 held on |
||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Andreas Umbach (Chair) |
|
122,604 |
|
– |
|
122,604 |
|
110,186 |
|
– |
|
– |
||||||||||||||||||||||
Werner Bauer (Member) |
|
73,328 |
|
– |
|
73,328 |
|
63,340 |
|
– |
|
– |
||||||||||||||||||||||
Wah-Hui Chu (Member) |
|
59,958 |
|
– |
|
59,958 |
|
55,561 |
|
– |
|
– |
||||||||||||||||||||||
Thomas Dittrich (Member) |
|
3,117 |
|
– |
|
3,117 |
|
n/a6 |
|
– |
|
n/a6 |
||||||||||||||||||||||
Mariel Hoch (Member) |
|
29,698 |
|
– |
|
29,698 |
|
24,277 |
|
– |
|
– |
||||||||||||||||||||||
Florence Jeantet (Member) |
|
6,989 |
|
– |
|
6,989 |
|
2,184 |
|
– |
|
– |
||||||||||||||||||||||
Laurens Last (Member) |
|
38,234,3907 |
|
– |
|
38,234,390 |
|
35,926,7387 |
|
– |
|
1,073,4308 |
||||||||||||||||||||||
Abdallah al Obeikan (Member) |
|
12,816 |
|
15,817,6329 |
|
15,830,448 |
|
1,835,35010 |
|
– |
|
– |
||||||||||||||||||||||
Martine Snels (Member) |
|
14,592 |
|
– |
|
14,592 |
|
9,507 |
|
– |
|
– |
||||||||||||||||||||||
Matthias Währen (Member) |
|
44,024 |
|
– |
|
44,024 |
|
38,603 |
|
– |
|
– |
||||||||||||||||||||||
Total |
|
38,601,516 |
|
15,817,632 |
|
54,419,148 |
|
38,065,746 |
|
– |
|
1,073,430 |
||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||
Group Executive Board
Table 5: Shareholdings1 of the members of the Group Executive Board as of December 31, 2024, including figures for the prior year.icon check pink
|
|
|
|
Total shareholdings on |
|
Total shareholdings on |
|
Number of PSUs5 held on |
|
Number of PSUs5 held on |
|
Total options6 held on |
|
Total options6 held on |
||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Samuel Sigrist (CEO) |
|
200,000 |
|
– |
|
200,000 |
|
220,000 |
|
198,594 |
|
182,146 |
|
– |
|
– |
||||||||||||||||||||||
Ann-Kristin Erkens (CFO) |
|
– |
|
– |
|
– |
|
– |
|
50,629 |
|
24,019 |
|
– |
|
– |
||||||||||||||||||||||
Gavin Steiner (CTO) |
|
– |
|
– |
|
– |
|
– |
|
29,107 |
|
13,141 |
|
– |
|
– |
||||||||||||||||||||||
Fabio Grazioli (CSO) |
|
– |
|
– |
|
– |
|
–7 |
|
1,797 |
|
–7 |
|
– |
|
–7 |
||||||||||||||||||||||
Christoph Wegener (CMO) |
|
23,278 |
|
– |
|
23,278 |
|
21,731 |
|
32,636 |
|
21,628 |
|
24,6408 |
|
26,5258 |
||||||||||||||||||||||
Abdelghany Eladib (President & General Manager, India Middle East and Africa) |
|
16,721 |
|
– |
|
16,721 |
|
7,920 |
|
47,620 |
|
42,440 |
|
– |
|
14,8408 |
||||||||||||||||||||||
Angela Lu (President & General Manager, Asia Pacific) |
|
– |
|
– |
|
– |
|
– |
|
45,430 |
|
26,803 |
|
– |
|
– |
||||||||||||||||||||||
José Matthijsse (President & General Manager, Europe) |
|
3,216 |
|
– |
|
3,216 |
|
– |
|
47,620 |
|
42,440 |
|
– |
|
– |
||||||||||||||||||||||
Ricardo Rodriguez (President & General Manager, Americas) |
|
205,0009 |
|
– |
|
205,000 |
|
225,0009 |
|
64,152 |
|
60,374 |
|
– |
|
– |
||||||||||||||||||||||
Ian Wood (former CSO) |
|
– |
|
– |
|
–10 |
|
110,000 |
|
–10 |
|
27,037 |
|
–10 |
|
– |
||||||||||||||||||||||
Suzanne Verzijden (former Chief People & Culture) |
|
– |
|
– |
|
–10 |
|
3,416 |
|
–10 |
|
3,048 |
|
–10 |
|
– |
||||||||||||||||||||||
Total |
|
448,215 |
|
– |
|
448,215 |
|
588,067 |
|
517,585 |
|
443,076 |
|
24,640 |
|
41,365 |
||||||||||||||||||||||
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