397 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 9. Remuneration granted and owed to members of the Board of Management pursuant to § 162 of the German Stock Corporation Act (AktG) The following tables ↗ Remuneration granted and owed show the re- muneration granted and owed to the members of the Board of Management in office during the reporting year in accordance with § 162 AktG. The tables include all amounts received by the individual mem- bers of the Board of Management in the reporting period (“remu- neration granted”) and all remuneration legally due but not yet received (“remuneration owed”). In addition to actual amounts received, “remuneration granted” in the reporting year is also assumed to exist if the activity on which the remuneration component is based has been fully per- formed by the member of the Board of Management as of the balance sheet date, and if all conditions for entitlement have been met. Thus, in addition to the fixed remuneration components, the fol- lowing variable remuneration components are reported as remu- neration granted for the 2024 financial year within the meaning of § 162 AktG: — Bonus for the 2024 financial year (to be paid out in 2025), — Share-based remuneration (personal cash investment amount) for the 2024 financial year (to be paid out in 2025), — Share-based remuneration component (matching compo- nent) for the vesting year 2019, due to the expiry of the four- year holding period in the financial year 2024 (paid out in 2024). Thus, the remuneration granted and owed includes all remuner- ation components earned through the activities of the members of the Board of Management in the 2024 financial year. In addi- tion, it includes remuneration components already earned as a result of activity in previous financial years, but for which the re- spective member of the Board of Management’s payment enti- tlement only arose due to the occurrence of conditions in the 2024 financial year. In addition to the absolute amount of remuneration, the relative share of the relevant remuneration component in the total remu- neration granted and owed is also shown. The individual service cost under IAS 19 for the company pension scheme is also shown, although this service cost is not classified as granted or owed remuneration within the meaning of § 162 AktG.