Presentation and description of the compensation of the Managing Board and the Supervisory Board
Compensation system geared towards long-term success of HUGO BOSS
Report complies with the requirements of Sec. 162 AktG and is based on the German Corporate Governance Code
HUGO BOSS considers transparent and comprehensible reporting on the compensation of the Managing Board and the Supervisory Board as an important element of good corporate governance. The following compensation report pursuant to Sec. 162 AktG [“Aktiengesetz”: German Stock Corporation Act] outlines and explains the compensation of the current and former members of the Managing Board and of the Supervisory Board of HUGO BOSS AG in fiscal year 2024. In order to facilitate the context of the disclosures, the main features of the compensation systems for the Managing Board and the Supervisory Board applicable in fiscal year 2024 are also outlined. In addition, a detailed description of the compensation systems for the Managing Board and the Supervisory Board can be found at compensation.hugoboss.com.