392 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 Targets set and extent of achievement for the RoCE component for the 2024 financial year RoCE in the Automotive segment for the 2024 financial year is defined as segment profit before the financial result, divided by the average capital employed in the segment. In December 2023, the Supervisory Board determined the following values based on long-term corporate planning for the RoCE component for the vesting year 2024: minimum value: 12% (50% target achievement), target value: 17% (100% target achievement), maximum value: 22% (180% target achievement). The RoCE achieved in the Automotive segment for the 2024 financial year is 11.4% and therefore under the minimum value. This means the RoCE factor for calculating the personal cash investment amount for this component is 0. Targets set and extent of achievement for the strategic focus target component for the 2024 financial year In December 2024, the Supervisory Board set the following stra- tegic focus targets for the vesting year 2023: — Reduce fleet carbon emissions in the EU in accordance with WLTP (Worldwide Harmonised Light Vehicle Test Proce- dure); weighting in relation to individual personal cash in- vestment target: 25%. — Sales of all-electric vehicles (BEV); weighting in relation to individual personal cash investment target: 25%. Both strategic focus targets relate to environmental objectives (ESG targets). Targets set and extent of achievement – RoCE component Targets set and extent of achievement – reduction of fleet carbon emissions (EU) Extent to which target achieved RoCE in Automotive segment in % Extent to which target achieved: 0% 12 Minimum value 17 Target value 22 Maximum value 200% 100% 150% 50% 0% 180% Actual value 2024 11.4 Extent to which target achieved C02 g/km Extent to which target achieved: 130% 97 Maximum value 101 Target value 125 Minimum value 200% 100% 150% 50% 0% 180% Actual value 2024 99.5
