

	Years ended December 31,

(in millions €)	2025	2024	2023
Management Board(1)	6.9	13.0	8.3
Fixed compensation	3.8	4.0	3.9
Fringe benefits	0.3	0.2	—
Short-term incentive – first installment(2)	2.1	0.8	0.7
Short-term incentive – second installment(2),(3)	—	0.6	1.0
Other variable compensation(4)	0.9	1.3	0.8
Share-based payments (incl. long-term incentive)(5)	(0.2)	6.1	1.9
Supervisory Board	1.2	0.9	0.6
Total compensation of key management personnel	8.1	13.9	8.9

(1)During 2025, Jens Holstein and Ryan Richardson stepped down from the Management Board effective July 1, 2025, and October 1, 2025,

respectively. Therefore, their compensation up to the date of their departure dates is presented on a pro-rata basis in this table. Following his

departure, and thus as a former Management Board member, Ryan Richardson received a severance payment of €687,500 in accordance with

his separation agreement, which is not included in this table. During 2024, Sean Marett retired from the Management Board with effect as of July

1, 2024. His compensation until his departure date is also presented a pro-rata basis in this table. The following compensation pursuant to his

separation agreement subsequent to his departure date and thus as former Management Board member in 2024 are not included in this table: a

severance payment of €275,000, an additional payment of €39,000 in respect of the 2024 STI, a grant of 5,760 phantom options in respect of the

2024 LTI and a payment of €477,030 in relation to his initial 12-months consultancy agreement.

(2)The structure of the STI payout was changed with the adoption of the Compensation System 2024. Under the Compensation System 2024, 100%

of the STI relating to the year ended December 31, 2025 will be paid out in the month after the approval of the 2025 consolidated financial

statements. In contrast, under the Compensation System 2021 / 2022, 50% of the STI relating to the year ended December 31, 2024 was paid

out in the month after the approval of the 2024 consolidated financial statements and the remaining 50% will be paid out (and adjusted) in March

(3)The fair value of the second installment of the short-term incentive compensation which has been classified as a cash-settled share-based

payment arrangement was determined pursuant to the regulations of IFRS 2 “Share-based Payments”. This table shows the pro-rata share of

personnel expenses for the respective financial year, which are recognized over the award’s vesting period beginning as of the service

commencement date (date when entering or renewing service agreements) until each separate determination date and are remeasured until

(4)Represents for the financial year 2025 the cash payment related to the one-time signing bonus granted to Ramón Zapata as part of his

appointment to the Management Board. For 2024, the amount represents the cash payment related to the one-time signing bonus granted to

Annemarie Hanekamp as part of her appointment to the Management Board, designed to compensate her for lower bonus payments that she

would receive as part of her compensation package with BioNTech and to recognize and appreciate her move to BioNTech. For 2023, the amount

represents the one-time signing cash payment related to James Ryan’s appointment to the Management Board to provided compensation in lieu

of participation in the LTI 2023 program and the one-time special cash payment related to Jens Holstein to honor his contribution to BioNTech’s

(5)The fair value of the share-based payments was determined pursuant to the regulations of IFRS 2 “Stock-based Payments”. This table shows the

pro-rata share of personnel expenses resulting from stock-based compensation for the respective financial year. During the years ended

December 31, 2024 and 2023 the amounts included expenses derived from a one-time signing bonus granted to Jens Holstein as of his

appointment to the Management Board in the form of 4,246 phantom shares as well as expenses derived from the one-time signing bonus

granted to Annemarie Hanekamp as of her appointment to the Management Board in the form of shares in the amount of €500,000.