Business
MLP : Compensation report for the financial year 2025 pursuant to §162 of the German Stock Corporation Act (AktG)
MLP : Compensation report for the financial year 2025 pursuant to §162 of the German Stock Corporation Act
About this update from Mlp Se
Compensation report for the financial year 2025 pursuant to §162 of the German Stock Corporation Act (AktG) Introduction The compensation report sets out the principles and organisation of compensation for the Executive Board and Supervisory Board at MLP SE. It contains the compensation granted and owed to current and former members of the Executive Board and Supervisory Board in the f inancial year 2025. The compensation report was prepared jointly by the Executive Board and Supervisory Board in accordance with § 162 of the German Stock Corporation Act (AktG). It also takes into account the recommendations and suggestions of the German Corporate Governance Code (GCGC) in the version dated April 28, 2022. The compensation report was audited by KPMG AG Wirtschaftsprüfungsgesellschaft in accordance with the requirements of § 162 (3) of the German Stock Corporation Act (AktG). Review of the financial year 2025 Business development In the f inancial year 2025, the MLP Group set new record levels in terms of total and sales revenue. Overall, the MLP Group can ref lect on a solid business performance, despite operating in a volatile environment in terms of both the overall economy and the industry and competitive situation, including regulatory conditions. Total revenue, comprising sales revenue and other revenue, increased to €1,079.6 million (€1,066.7 million) thanks to good operating performance, while sales revenue reached €1,046.9 million (€1,037.5 million). Commission expenses increased slightly to €504.8 million (€474.9 million). Interest expenses fell significantly to €20.8 million (€30.2 million). This drop can essentially be attributed to the lower interest rate level, which was significantly inf luenced by the reduction of the deposit facility rate by the European Central Bank. Real estate development exp enses decreased significantly to €1.0 million (€5.1 million). This was due to reduced construction and sales activities at Group company Deutschland.Immobilien. Interest expenses and real estate development expenses therefore tended to develop in line with the corresponding revenue items. Despite stable commission income, commission expenses rose slightly. Although significantly lower performance-based compensation was incurred compared to the previous year, this was offset by higher additional revenue f rom wealth management. These additional sourc...