Compensation Committee

The function of the Compensation Committee is to support the Board in its duties to set guidelines on compensation and benefits, to approve certain compensation and to scrutinize executive performance.

The shareholders elect each member of the Compensation Committee on an annual basis at the Annual General Meeting. It is comprised of following members of the Board:

Board of Directors - Portrait Ann F. Godbehere

Ann F. Godbehere

Chairperson of the Compensation Committee / member of the Audit Committee

Year of initial election to UBS Group AG: 2014
Year of initial election to UBS AG: 2009

Board of Directors - Portrait Michel Demaré

Michel Demaré

Independent Vice Chairman / member of the Audit Committee / member of the Governance and Nominating Committee / member of the Compensation Committee

Year of initial election to UBS Group AG: 2014
Year of initial election to UBS AG: 2009

Board of Directors - Portrait Wolfgang Mayrhuber

Reto Francioni

Member of the Corporate Culture and Responsibility Committee / member of the Compensation Committee

Year of initial election to UBS Group AG: 2014
Year of initial election to UBS AG: 2013

Board of Directors - William G. Parrett

William G. Parrett

Chairperson of the Audit Committee / member of the Corporate Culture and Responsibility Committee / member of the Compensation Committee

Year of initial election to UBS Group AG: 2014
Year of initial election to UBS AG: 2008

The Committee operates under the Compensation Committee Charter as described in the Organization Regulations.