381 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 OLIVER ZIPSE JOCHEN GOLLER Chairman of the Board of Management since 16 August 2019 Member of the Board of Management since 13 May 2015 Customer, Brands, Sales since 1 November 2023 FY 2024 FY 2023 FY 2024 FY 2023 in € in % in € in % in € in % in € in % Fixed remuneration Fixed remuneration (base salary) 1,950,000 27 1,950,000 27 900,000 27 150,000 27 Fringe benefits (other remuneration)1 27,963 0.4 26,113 0.4 22,541 1 3,331 1 Contribution to the company pension scheme 700,000 10 700,000 10 400,000 12 66,667 12 Total fixed remuneration 2,677,963 38 2,676,113 38 1,322,541 39 219,998 39 Variable remuneration B O N U S Earnings component 1,050,000 15 1,050,000 15 475,000 14 79,167 14 Performance component 1,050,000 15 1,050,000 15 475,000 14 79,167 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 1,175,000 16 1,175,000 16 550,000 16 91,667 16 Strategic focus target component 1,175,000 16 1,175,000 16 550,000 16 91,667 16 Total variable remuneration 4,450,000 62 4,450,000 62 2,050,000 61 341,668 61 Total target remuneration 7,127,963 100 7,126,113 100 3,372,541 100 561,666 100 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.