5.1. Additional specifications for remuneration data under Annex II

Discretionary pension benefits should be included in table REM1 and, where deferral is applied, table REM3 of Commission Implementing Regulation (EU) 2021/637 in ‘ other forms of variable remuneration ’ and , in addition, be reported in the table in Annex II.

Variable remuneration awarded based on multi-year accrual periods that do not revolve on an annual basis, i.e. where institutions do not start a new multi-year accrual period every year, should be fully allocated to the total variable remuneration of the financial year in which it was awarded within table REM1 and, where deferral is applied, table REM3 of Commission Implementing Regulation (EU) 2021/637, without consideration of the point in time when the variable remuneration is effectively paid or the length of the performance period. The amount of that variable remuneration should also be included in the additional information in Annex II.

In addition to the table in Annex III on the impact of derogations under Article 94(3)(a) and (b) of Directive 2013/36/EU, institutions to which the derogation referred to in Article 94(3)(a) of Directive 2013/36/EU does not apply should submit in the table included in Annex II the fixed and variable remuneration of identified staff to which any of the derogation referred to in Article 94(3)(b) of that Directive applies.

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