383 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 MILAN NEDELJKOVIĆ JOACHIM POST Production since 1 October 2019 Purchasing and Supplier Network since 1 January 2022 FY 2024 FY 2023 FY 2024 FY 2023 in € in % in € in % in € in % in € in % Fixed remuneration Fixed remuneration (base salary) 1,050,000 27 1,050,000 27 900,000 27 900,000 27 Fringe benefits (other remuneration)1 32,312 1 27,524 1 29,124 1 22,692 1 Contribution to the company pension scheme 400,000 10 400,000 10 400,000 12 400,000 12 Total fixed remuneration 1,482,312 38 1,477,524 38 1,329,124 39 1,322,692 39 Variable remuneration B O N U S Earnings component 575,000 15 575,000 15 475,000 14 475,000 14 Performance component 575,000 15 575,000 15 475,000 14 475,000 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 ) ² RoCE component 640,000 16 640,000 16 550,000 16 550,000 16 Strategic focus target component 640,000 16 640,000 16 550,000 16 550,000 16 Total variable remuneration 2,430,000 62 2,430,000 62 2,050,000 61 2,050,000 61 Total target remuneration 3,912,312 100 3,907,524 100 3,379,124 100 3,372,692 100 1 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). 2 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.