On the closing date, the biographical particulars of the Management Board members are as follows:
The Articles of Association (AoA) of Kuehne + Nagel International AG limit the number of mandates that members of the Management Board may hold outside the Kuehne+Nagel Group. Article 21 of the AoA limits the maximum number of permitted mandates of members of the Management Board to five board memberships, whereof no more than one may be held in a stock-listed company. Each mandate requires the approval of the Board of Directors. Mandates in companies, which are controlled by Kuehne+Nagel or which control Kuehne+Nagel, are not subject to this limitation. In addition, members of the Management Board may hold no more than 25 mandates at Kuehne+Nagel’s request, and no more than 25 mandates in associations, charitable organisations, foundations, trusts, and employee welfare foundations.
All details regarding compensation, shareholdings and loans are set forth in the separate remuneration report and in the consolidated financial statements, note 46, and listed furthermore in note 13 to the financial statements of Kuehne + Nagel International AG.