The principles governing the remuneration (remuneration policy) for the members of the Executive Board and the Supervisory Board of PIERER Mobility AG were established by resolution of the Supervisory Board on March 26, 2020 and was put to the vote and approved for the first time at the Annual General Meeting on May 15, 2020. The Supervisory Board submits the remuneration policy to the Annual General Meeting for approval in the event of significant changes, and at least once every four years. The remuneration policy that currently applies was submitted to and adopted by the 27th Annual General Meeting in 2024. 83.74% of the represented share capital (83.84%) approved the presented remuneration policy for the Executive Board and for the Supervisory Board.

A separate remuneration report has been prepared for the 2023 financial year and was submitted to and adopted by the 27th Annual General Meeting on April 19th, 2024. 83.74% of the represented share capital (83.84%) approved the presented remuneration report for the remuneration of the members of the Executive Board and Supervisory Board for the 2023 financial year.

The remuneration report provides an overview of the remuneration principles and programs of PIERER Mobility AG. The remuneration report also describes the procedure for determining the level of remuneration and contains detailed information about the remuneration paid to the Executive Board and the Supervisory Board in the 2023 financial year. The remuneration system of PIERER Mobility AG implements the recommendations of the Austrian Corporate Governance Code (OCGK) and the legal requirements of the Austrian Stock Corporation Act (Sections 78a ff in conjunction with 98a) and was prepared in accordance with the EU Directive 2017/828.