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Profit-Sharing Scheme and Stock Option Plan

Our economic success would not be possible without the outstanding commitment of our employees. Over the past few years, we have launched different programs that strengthen the manner in which employees identify with Fresenius, and that allow employees to participate in our successful business model. Depending on country-specific rules or functions, these programs supplement different compensation models. This is done to reward the continuous willingness of our employees to work hard and to let them participate in the dynamic growth of Fresenius.

Our profit-sharing scheme is stock-based. The amount of the profit-sharing bonus paid for each employee and therefore the number of shares depends on the annual operating profit (EBIT) of the Fresenius Group. A full-time employee received €2,000 gross for fiscal year 2010. Employees in Germany can invest either the full amount of their profit-sharing bonus in Fresenius shares or two-thirds of it in Fresenius shares. The table shows the increase in the profit-sharing bonus over the last several years.

With our stock option plan, we have a global compensation instrument linking management’s entrepreneurial responsibility to future opportunities and risks. Based on the decision made by the Annual General Meeting on May 21, 2008, the Management Board of the general partner of Fresenius SE & Co. KGaA and certain other executive officers can receive options from the 2008 stock option plan until the end of 2012. In total, it is therefore feasible that up to 6,200,000 options on Fresenius SE & Co. KGaA ordinary shares can be issued. The stock options are subject to a three-year vesting period. To ensure that the stock options can be exercised, the net income of the Fresenius Group must be increased by an annual rate of at least 8%; otherwise they are forfeited proportionally. In 2011, 1,143,440 stock options were issued under this plan. For further information please see Note 34.

PROFIT-SHARING BONUS


  2010 2009 2008 2007 2006
1 The profit-sharing bonus is paid retroactively for the respective fiscal year.
Profit-sharing bonus1 in € 2,000 1,749 1,586 1,526 1,444
Eligible employees 1,790 1,710 1,630 1,690 1,830

  2010 2009 2008 2007 2006
1 The profit-sharing bonus is paid retroactively for the respective fiscal year.
Profit-sharing bonus1 in € 2,000 1,749 1,586 1,526 1,444
Eligible employees 1,790 1,710 1,630 1,690 1,830

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