Board of Directors Compensation in 2015

The compensation paid to individual members of the Board of Directors for the financial year 2015 is shown in the table below. The footnotes contain explanatory information on the amounts indicated and specific compensation details for the Board of Directors. The accrual principle is applied.

Total Board of Directors Compensation 2015

In CHF Base Compensation / Committee Membership Fee Employer paid Social Security Total 2015
Lorne Somerville, Chairman since July 12, 2015 (4) Base Compensation / Committee Membership Fee  Employer paid Social Security  Total 2015 
Peter Schöpfer, Vice Chairman (3)   Base Compensation / Committee Membership Fee150,000 Employer paid Social Security  Total 2015150,000
Siddharth Patel, Board Member (2) Base Compensation / Committee Membership Fee  Employer paid Social Security  Total 2015 
Jesper Ovesen, Board Member (1, 4) Base Compensation / Committee Membership Fee

174,032

Employer paid Social Security4,648 Total 2015

178,680

Dr. Daniel Pindur, Board Member (2) Base Compensation / Committee Membership Fee  Employer paid Social Security  Total 2015 
Dr. Dominik Koechlin, Chairman until July 12, 2015 Base Compensation / Committee Membership Fee170,806 Employer paid Social Security11,968 Total 2015182,774
  Base Compensation / Committee Membership Fee  Employer paid Social Security  Total 2015 
Total Compensation paid to the members of the Board of ­Directors Base Compensation / Committee Membership Fee494,838 Employer paid Social Security16,616 Total 2015511,454
  • The compensation figures are disclosed for the entire calendar year 2015 (Company registration date: January 13, 2015)
  • All Base Compensation and Committee Membership fees were paid in cash (shares will only be paid in 2016) and are gross values before the deduction of applicable tax and employee social security
  • Sunrise cost for social security contributions is stated separately
  • The compensation of Dr. Dominik Koechlin, Sunrise Chairman of the Board of Directors until July 12, 2015, was paid prorated for the time acting as the Chairman in 2015
  • The following members of the Board of Directors have signed a waiver of board fee agreement and therefore, they did not receive any Board of Director compensation in 2015: Lorne Somerville, Siddharth Patel and Dr. Daniel Pindur
  • For Peter Schöpfer no social security contributions were paid (payment through invoice)
  • For Jesper Ovensen social security was paid based on the social security system in Germany (1 € = 1.0922 CHF)
  • Members of the Board of Directors are not in a Sunrise pension plan
  • According to the Articles of Incorporation (Art. 25) no loans or credits are granted to the members of the Board of Directors:
    (1) Chairman Audit Committee
    (2) Member Audit Committee
    (3) Chairman Nomination and Compensation Committee
    (4) Member Nomination and Compensation Committee