• DEUTSCH

Compensation of the Supervisory Board

The compensation of our Supervisory Board members is determined by the Annual General Meeting and regulated by § 18 of the Articles of Association of adidas AG. The compensation is linked to the size of the Group and to the responsibility and scope of activities of the Supervisory Board members. After the respective financial year, the members receive fixed compensation for their function as well as compensation for the chairmanship of or membership in committees. There is no variable compensation granted in addition see Corporate Governance Report including the Declaration on Corporate Governance. Supervisory Board members who have not been members of the Supervisory Board for the entire financial year receive a pro-rated amount of compensation.

The fixed annual compensation for each member of the Supervisory Board amounts to € 40,000. Three times this amount is paid to the Chairman of the Supervisory Board and twice this amount is paid to each Deputy Chairperson. Members of the General Committee or the Audit Committee receive an allowance of € 20,000 and € 40,000, respectively. The Chairman of the General Committee receives an additional annual allowance of € 40,000, while the Chairman of the Audit Committee receives an allowance of € 60,000. The remuneration paid for committee chairmanship also covers the membership in such committee. The members of the Steering Committee, the Mediation Committee, the Nomination Committee and committees which are established ad hoc do not receive additional compensation. If a Supervisory Board member is in more than one committee, the member receives only compensation for his/her task in the committee with the highest compensation. The Supervisory Board members are reimbursed for all expenses incurred in connection with their mandates as well as for the VAT payable on their compensation, insofar as they charge for it separately.

With the new arrangement of memberships in committees and the chairmanships on May 7, 2009 following the election of the new Supervisory Board, the overall compensation of the Supervisory Board increased to € 920,000 in the 2010 financial year (2009: € 898,871).

Other benefits and additional commitments to the Supervisory Board

• The Supervisory Board members did not receive any loans or advance payments from adidas AG.
• The company maintains a consequential loss and liability insurance for Board members of the adidas Group (D&O Insurance). It covers the personal liability in the event of claims raised against Supervisory Board members for indemnification of losses incurred in connection with their acts and omissions. For cases of damage occurring after July 1, 2010, there is a deductible of 10% of the damage up to a maximum of one and a half times the fixed annual compensation for all cases of damage within one financial year in accordance with the recommendations of the German Corporate Governance Code.