1. Introduction
The Remuneration Report provides an overview of Geberit’s remuneration principles and programmes, as well as information about the determination method for the remuneration. It also includes the remuneration of the members of the Board of Directors and of the Group Executive Board for the business year 2024. The report provides the relevant information to be considered by the shareholders when making their decision regarding the votes on the remuneration of the Board of Directors and the Group Executive Board submitted to the 2025 Annual General Meeting for approval.
This report is written in accordance with the requirements of Swiss Company Law, the standards related to information on Corporate Governance issued by the SIX Swiss Exchange, as well as the principles of the Swiss Code of Best Practice for Corporate Governance of Economiesuisse.
The report is structured as follows:
- Introduction
- Foreword by the Chair of the Nomination and Compensation Committee
- Shareholder feedback: our responses
- Remuneration at a glance
- Remuneration Governance
- Remuneration architecture for the Board of Directors
- Remuneration architecture for the Group Executive Board
- Remuneration awarded to the Board of Directors and share ownership in 2024
- Remuneration awarded to the Group Executive Board and share ownership in 2024
- Outlook
- Summary of share and option plans 2024
- Summary of shares and options held by the Board of Directors, by members of the Group Executive Board and employees as of 31 December 2024
- Functions held by members of the Board of Directors and by members of the Group Executive Board in other companies
- Report of the statutory auditor
For additional information on business development in 2024 see also Business and financial review.