Principles on the Remuneration of the Directors and Senior Management
a) Human Resources and Salary Determination Committee (“the Committee”) defines its proposals related to the salary calculation of the senior managers considering the long-term objectives of the Company.
b) The presence fees paid to the directors of the Board pursuant to the Turkish Trade Code shall be decided by the General Assembly in accordance with the proposal made to the General Assembly, provided always paying a certain fee to independent directors. The directors may be paid with salaries in line with the duties assigned to/ assumed by them, and these amounts are defined in accordance with the measurements considering these principles. The Committee its proposals related to the salaries to be paid to the directors and senior managers, considering their activities and the levels of accessing the defined criteria, and submit it to the Board of Directors. Salary calculation principles are reviewed each year.
c) For the determination of the principles on salary calculation of the directors and senior managers, the regulations of the Capital Market Board related to the corporate management are considered.
Principles on the Remuneration of the Company
As Dogus Otomotiv we implement a competitive and market-sensitive remuneration policy. The Compensation Management is based on attracting and retaining employees with the skills and attributes that organization needs, which is same for executives as well.
ESG-Aligned Compensation
At Doğuş Otomotiv, we are committed to aligning executive compensation and benefits with our broader corporate responsibility objectives, including Environmental, Social, and Governance (ESG) performance. In line with our efforts to enhance corporate governance, the Remuneration Committee has established a set of performance metrics that underpin the remuneration of senior executives.
The latest payments in accordance with our compensation and benefits framework are linked to both financial and non-financial criteria, with a particular emphasis on performance improvement and alignment with company-wide goals. In line with ESG priorities, the performance of senior executives is assessed based on measurable improvements in areas such as customer satisfaction, quality, and cost management.
Our compensation policies not only reflect our commitment to sustainability but also incentivize improvements in areas critical to our ESG goals, beyond purely financial performance. By actively implementing projects designed to deliver tangible benefits in environmental management, social responsibility, and governance practices, we support our long-term corporate vision.
This approach underscores Doğuş Otomotiv’s dedication to responsible leadership and sustainable growth, strengthening the link between the performance of senior executives and our commitments to ESG priorities.