{ "docId": "019dd923-5eff-723e-9be7-d26e8b9c7415", "docSlug": "db9dd26ce4c89573", "documentTitle": "2024 Annual Report", "authorId": "TUI-Group", "authorName": "TUI Group", "documentKindSlug": "consulting-deck", "documentKindLabel": "Consulting deck", "sourceTypeSlug": "strategy_consulting", "sourceTypeLabel": "Strategy consulting", "presentationDate": null, "orientation": "landscape", "aspectRatio": 1.777, "pageNumber": 239, "pageCount": 286, "prevPage": 238, "nextPage": 240, "slideType": "appendix_disclosure", "function": "appendix", "density": "overcrowded", "nDataPoints": 0, "notes": "This is a page from a financial report, specifically detailing executive compensation structures.", "elementsJson": [ "paragraph" ], "metadataConfidence": 1, "imagePath": null, "slideHref": "/slides/019dd923-5eff-723e-9be7-d26e8b9c7415/239", "deckHref": "/decks/019dd923-5eff-723e-9be7-d26e8b9c7415", "deckJsonHref": "/decks/019dd923-5eff-723e-9be7-d26e8b9c7415.json", "deckAnchorHref": "/decks/019dd923-5eff-723e-9be7-d26e8b9c7415#slide-239", "components": [ { "bbox": { "h": 0.15, "w": 0.35, "x": 0.57, "y": 0.22 }, "kind": "paragraph", "text": "To determine the final number of virtual shares, the degree of target achievement of the average annual reported EPS of TUI AG over the performance reference period is multiplied by the provisional number of virtual shares...", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "39f8dcfa-5f1e-4dd3-8372-29987d955ae0", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.35, "x": 0.57, "y": 0.64 }, "kind": "paragraph", "text": "If a member's employment starts or ends during a year in progress, the target amount and thus the number of virtual shares granted must be reduced pro rata...", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "4e7800b0-32fe-4b2c-8bb7-3adaea067eb9", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.35, "x": 0.19, "y": 0.24 }, "kind": "paragraph", "text": "An individual target amount is agreed in the service agreement for each member of the Executive Board. For each financial year, a provisional number of virtual shares in TUI AG is granted...", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "6f17633f-336e-41ce-b3b9-7e4b1f696d35", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.35, "x": 0.57, "y": 0.8 }, "kind": "paragraph", "text": "LTI WITH SHARE ALLOCATION FOR THE FINANCIAL YEARS 2021 TO 2023. The Long Term Incentive Plan (LTI) consists of a programme based on phantom shares...", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "7d92fb9a-16d5-421b-b8b8-6e091eee4652", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.04, "w": 0.35, "x": 0.19, "y": 0.1 }, "kind": "paragraph", "text": "As at 30 September 2024, all existing awards are recognised as cash-settled share-based payment schemes. The following share-based payment schemes are in effect within TUI Group as at 30 September 2024.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9270f469-06ba-492a-a37a-20e9bd79ff89", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.35, "x": 0.57, "y": 0.06 }, "kind": "paragraph", "text": "If the minimum reported EPS value is not achieved in a financial year, the target achievement for that financial year is 0%. If the minimum reported EPS value is achieved exactly in a financial year, the target achievement for that financial year is 25%...", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "9e3b3ac8-1fa8-4ed7-b9c8-353b20550c2b", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.15, "w": 0.35, "x": 0.19, "y": 0.5 }, "kind": "paragraph", "text": "The relevant performance target is the average annual reported Earnings per share ('reported EPS') of TUI AG over the performance reference period...", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "a70ac1dd-140d-4e93-9517-e83c3d7fb87e", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.35, "x": 0.57, "y": 0.38 }, "kind": "paragraph", "text": "In accordance with section 87 (1) sentence 3 clause 2 AktG, the Supervisory Board is further entitled to limit the amount of the LTI to allow for extraordinary circumstances...", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "b5b8ce5f-2777-49b1-a829-1b663ac2d712", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.25, "w": 0.35, "x": 0.19, "y": 0.66 }, "kind": "paragraph", "text": "The annual target achievement for the reported EPS is calculated based on the reported EPS for the financial year in relation to the target value...", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "e2c9ed4c-d7e7-4258-bf3d-bc14cc506052", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.06, "w": 0.35, "x": 0.19, "y": 0.16 }, "kind": "paragraph", "text": "PHANTOM SHARES UNDER THE LONG-TERM INCENTIVE PLAN (LTI) FOR THE EXECUTIVE BOARD OF TUI AG. LTI WITH SHARE ALLOCATION FROM FINANCIAL YEAR 2024 FOR THE ACTIVE MEMBERS OF THE EXECUTIVE BOARD OF TUI AG.", "attrs": null, "subkind": "paragraph", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "f20877c3-fadf-43cb-9ae6-41cf151a491d", "frameworkName": null, "frameworkSlug": null }, { "bbox": { "h": 0.02, "w": 0.35, "x": 0.19, "y": 0.06 }, "kind": "title", "text": "Share-based payments in accordance with IFRS 2", "attrs": null, "subkind": "headline", "toolName": null, "toolSlug": null, "confidence": null, "componentId": "bd9b55a4-e4f8-4a5c-a7c8-311d5509996b", "frameworkName": null, "frameworkSlug": null } ], "metrics": [], "tools": [], "frameworks": [], "arcBeats": [], "loops": [], "imagePathAlt": null, "thumbSrc": null, "thumbSrcAlt": null, "locked": true }