Compensation of former members of the Board of Management

In fiscal 2020, former members of the Board of Management did not receive any compensation (previous year: no compensation). A provision of €8,270 thousand (previous year: €7,818 thousand) is recognized in the consolidated financial statements as of December 31, 2020, for current pensions for former Board of Management members. The settlement value of direct and indirect pension obligations in the financial statements of Covestro AG as of December 31, 2020, amounted to €6,315 thousand (previous year: €5,804 thousand).