The Supervisory Board determines the remuneration of Vitens' executives on the recommendation of the Remuneration Committee. In doing so, the organisation acts within the framework of the Standards for Remuneration Act (WNT) and in compliance with all applicable laws and regulations. The remuneration consists solely of fixed components. Variable remuneration elements or above-statutory severance payments do not apply. The remuneration of the members of the Executive Board and the Supervisory Board is explained in this annual report in accordance with the WNT accountability requirements. For this, please refer to the financial statements in section 5.

Pay ratio

Vitens values a balanced and transparent remuneration relationship within the organisation. The pay ratio provides insight into the relationship between the total annual remuneration of the Chair of the Executive Board and the average annual remuneration of Vitens' employees. This ratio is set annually. The total annual remuneration of the chairman of the Management Board is 2.7 times the average annual remuneration of Vitens' employees (2024: 2.6 times).