Act reliably
Our Annual Report
The remuneration report describes the principles of the remuneration system for members of the Management Board of Vonovia SE and explains the structure, as well as the amount, of the income received by each Management Board member. Furthermore, the remuneration report contains information on the principles and the amount of remuneration for the members of the Supervisory Board. The total remuneration received by each Management Board member, including the names of the members, is shown in the notes of our annual report and, from fiscal year 2021, in the remuneration report.
The remuneration report takes account of the applicable regulations of the German Commercial Code (HGB), the German Accounting Standards (DRS 17), the laws on disclosure and appropriateness of Management Board remuneration (VorstAG, VorstOG) as well as the principles of the German Corporate Governance Code (GCGC).
The compensation of Vonovia’s Supervisory Board is governed by Section 13 of the Articles of Association and was approved in accordance with Section 113(3) of the German Stock Corporation Act by the Annual General Meeting on 21 May 2026 with 98.50% of the votes in favor. The amended remuneration policy applies as from 1 January 2026.
The system for the remuneration of the Supervisory Board can be found in the Invitation to the Annual General Meeting 2026 under agenda item 7. The voting results of the 2026 Annual General Meeting can be found here.
Documents for download
- Remuneration Report 2025 inc. Auditor's Report
- Remuneration Report 2024 inc. Auditor’s Report
- Remuneration system for the Management Board of Vonovia SE
- Remuneration Report 2023 inc. Auditor’s Report
- Remuneration Report 2022 incl. Auditor’s Report
- Remuneration Report 2021
- Remuneration Report 2021 incl. Auditor’s Report
- Remuneration of the Management Board 2020
- Remuneration of the Supervisory Board 2020
