384 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information II. Remuneration of the Members of the Board of Management Target remuneration for the 2024 (2023) financial year FRANK WEBER Development since 1 July 2020¹ FY 2024 FY 2023 in € in % in € in % Fixed remuneration Fixed remuneration (base salary) 1,050,000 27 975,000 27 Fringe benefits (other remuneration)2 31,031 1 29,392 1 Contribution to the company pension scheme 400,000 10 400,000 11 Total fixed remuneration 1,481,031 38 1,404,392 39 Variable remuneration B O N U S Earnings component 575,000 15 525,000 14 Performance component 575,000 15 525,000 14 S H A R E - B A S E D R E M U N E R A T I O N ( P E R S O N A L C A S H I N V E S T M E N T A M O U N T ) ³ RoCE component 640,000 16 595,000 16 Strategic focus target component 640,000 16 595,000 16 Total variable remuneration 2,430,000 62 2,240,000 61 Total target remuneration 3,911,031 100 3,644,392 100 1 Second remuneration level since 1 July 2023. 2 For more information about fringe benefits for the 2023 and 2024 financial years, refer to ↗ Remuneration granted and owed to members of the Board of Management pursuant to § 162 of the German Stock Corporation Act (AktG). 3 Assessment period five years in total: one year for determining the personal cash investment amount, a four-year holding obligation for the shares acquired with the payout amount.