Volkswagen AG (WBO:VOW)
€ 117.5 0.45 (0.38%) Market Cap: 64.16 Bil Enterprise Value: 181.04 Bil PE Ratio: 3.91 PB Ratio: 0.33 GF Score: 82/100
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Volkswagen AG New Remuneration System for the Executive Board Investor Call Transcript

Jun 25, 2021 / 12:00PM GMT
Release Date Price: €216.2 (-2.04%)
Operator

Good day, ladies and gentlemen, and welcome to the Volkswagen AG Live Audio Webcast and Conference Call on the Volkswagen AG Teach-In New Remuneration system. For your information, today's conference is being recorded. At this time, I'd like to turn the conference over to Ms. Helen Beckermann, Head of Group Investor Relations for Volkswagen AG. Please go ahead, madam.

Helen Beckermann
Volkswagen AG - Head of Group IR

Hello, ladies and gentlemen. We welcome you to today's event in which we will present the remuneration scheme of our Executive Board members. As part of our commitment to improve our ESG performance as much as possible, we fully realize that accountability and clear responsibilities are critical. For that reason, we have taken an important step and have now included ESG criteria in the remuneration of our Executive Board members.

Please move to Chart #2. To kick off today's event, I would very briefly like to outline the framework conditions around the remuneration of our Board members. So basically, the matters that are relating to

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