Remuneration and compensation of top management
In accordance with the stated in article 3 of the Order TIN/246/2010, of 4 February, annually the Board Of directors must adopt the opportune agreement regarding the amount of assistance compensations for to meetings of the Governing body and the Special Benefits Committee, which will be increased in the beginning of each exercise, at the most, in the Index Consumer prices (CPI). Of that way and in accordance with the stated in article 3 of the Order TIN/246/2010, of 4 February, the compensation of the Board Of directors has been increased and of the Special Benefits Committee for assistance to these bodies' meetings, with effects 1 January 2019, happening of 683.88 euros of 2018 at 692.09 euros in 2019.
The remuneration of the Executive Director in 2019 has been of 111,573.36 euros in concept of basic remuneration and 66,944.04 euros in concept of ancillary remuneration.
During 2019 no indemnity has not been satisfied.