Annual Report 2025

Annual Report 2025

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3. Remuneration at a glance

Board of Directors

Summary of current remuneration system

In order to ensure the independence in their supervisory function, members of the BoD receive a fixed remuneration in the form of cash and shares with a blocking period of four years.

Board of Directors – Remuneration system

Annual fees

 

in CHF

 

Delivery

Chair

 

885,000

 

Cash and restricted shares

Vice Chair

 

245,000

 

Restricted shares

Member of the BoD

 

190,000

 

Restricted shares

Chair of NCC/Audit Committee

 

45,000

 

Restricted shares

Member of NCC/Audit Committee

 

30,000

 

Restricted shares

Expense allowance

 

15,000

 

Cash

See also 5. Remuneration architecture for the Board of Directors.

Remuneration in 2025

The remuneration awarded to the BoD for the term of office until the AGM 2026 is within the limits approved by the shareholders at the AGMs:

Board of Directors – Remuneration awarded in total

Comparison period

 

Approved amount (CHF)

 

Effective amount (CHF)

AGM 2024–AGM 2025

 

2,350,000

 

2,287,217 

AGM 2025–AGM 2026

 

2,350,000

 

2,287,2931

1

As the remuneration period is not yet completed, the final amount (including social security contributions) will be included in the Remuneration Report for the financial year 2026.

Group Executive Board

Summary of current remuneration system

The remuneration of the GEB consists of fixed and variable elements. Base salary and benefits form the fixed remuneration and are based on prevalent market practice. The variable remuneration is a group participation system designed to drive and reward best-in-class performance based on ambitious targets and align to shareholders’ interests. It consists of short-term and long-term elements:

Group Executive Board – Remuneration system

Base Salary

 

Annual Base salary

 

Pay for the function
Delivered in cash

 

 

 

Fixed remuneration

Benefits

 

Pension Perquisites

 

Cover retirement, death and disability risks, attract and retain

 

 

 

Short-Term Participation

 

Short-Term Participation (STP)

 

Drive and reward performance, attract and retain
Paid in cash or in Geberit shares

 

 

 

Variable remuneration

 

Share Participation Programme (MSPP)

 

Align with shareholders’ interests
Matching share options to STP deferred in Geberit shares

 

 

 

Long-Term Participation

 

Long-Term Participation (LTP) (Stock Option Programme/MSOP)

 

Drive and reward long-term performance, align with shareholders’ interests, attract and retain

 

 

 

See also 6. Remuneration architecture for the Group Executive Board.

Remuneration in 2025

The total remuneration awarded to the GEB in the financial year 2025 is within the limits approved by the shareholders at the AGM:

Group Executive Board – Remuneration awarded in total

Comparison period

 

Approved amount (CHF)

 

Effective amount (CHF)

Financial year 2025

 

12,900,000

 

12,703,194

Performance in the financial year 2025

All four Group financial goals as well as the ESG goal (CO2 emissions) were exceeded given the strong business performance results in the financial year.

See also 8.1 Remuneration awarded in 2025.

Share ownership guidelines

At the end of the reporting year, the CEO held the equivalent of 18.8 times his annual base salary in Geberit shares and on average, the other GEB members held 4.5 times their annual base salary.