Remuneration of auditors
After the appointment of the Statutory Auditors, the shareholders’ meeting of 29 April 2020 established that their remuneration is determined for each financial year at a flat rate of 280 thousand euro, of which 120 thousand euro for the Chairman and 80 thousand euro for each standing member, in addition to the reimbursement of documented expenses and legal fees.
| OFFICE | 2018 compensationS | 2019 compensation | 2020 compensation |
2021 |
2022 compensation |
|---|---|---|---|---|---|
| Chairman | 120,000 euro | 120,000 euro | 120,000 euro | 120,000 euro | 120,000 euro |
| Standing Auditors |
80,000 euro | 80,000 euro | 80,000 euro | 80,000 euro | 80,000 euro |
| Alternate Auditors | - | - | - | - | - |
It is believed that, in compliance with the provisions of the Corporate Governance Code in force at Article 5 - Recommendation 30, the remuneration of Auditors is appropriate to the competence, professionalism and commitment required by the importance of the position they hold, as well as to the size and sector characteristics of the Company and its situation.
Their remuneration for the 2021 financial year is summarized in the following table:
| OFFICE | FIX REMUNERATION | COMPENSATION FROM SUBSIDIARIES AND ASSOCIATED COMPANIES | BONUS & INCENTIVES | NON-MONETARY BENEFITS | OTHER COMPENSATION | TOTAL | |
|---|---|---|---|---|---|---|---|
| Myriam Amato* | Chairman of the Board of Statutory Auditors Remuneration for the period 01/01/21 - 31/12/21 |
120,000 | 164,669 | - | 362 | - | 285,031 |
| Marianna Girolomini* | Statutory auditor Remuneration for the period 01/01/21 - 31/12/21 |
80,000 | 94,548 | - | 424 | - | 174,972 |
| Antonio Gaiani* | Statutory auditor Remuneration for the period 01/01/21 - 31/12/21 |
80,000 | 87,369 | - | 562 | - | 167,931 |
* in office until approval of financial results as at 31/12/2022
Page updated 27 April 2023
