05 REMUNERATION REPORT 373 BMW Group Report 2024 To Our Stakeholders Combined Management Report Group Financial Statements Responsibility Statement and Auditor’s Report Remuneration Report Other Information 374 Remuneration Report 374 I. Review of the 2024 Financial Year from a Remuneration Perspective 376 II. Remuneration of the Members of the Board of Management 409 III. Remuneration of the Members of the Supervisory Board 411 IV. Comparison of Change in Remuneration and Earnings Pursuant to § 162 (1) Sentence 2 No. 2 of the German Stock Corporation Act (AktG) 415 V. Other Considerations 415 VI. Outlook for the 2025 Financial Year 417 VII. Auditor’s Report