Remuneration for the Directors has been determined by the Shareholders’ Meeting as a fixed amount of 10,000 euro per Director (15,000 euro for the Chairman).
The Board of Directors, upon proposal by the Remuneration and Appointments Committee, and approval by the Board of Statutory Auditors, has also defined the remuneration for the office of Chairman, equal to a total of 500,000 euro per year, and for the CEO, equal to a total of 1,100,000 euro per year.
The Board of Directors has defined additional remuneration for the members of the Control and Risks Committee, the Remuneration and Appointments Committee and the Supervisory and Oversight Body.
The total remuneration amounts for the executive directors also include a variable portion linked to the economic results achieved by the company (MBO).
The executive directors are also beneficiaries of the stock option plan, whose implementation is conditional on the pursuit of specific, annual economic-financial performance objectives. Non-executive directors are not beneficiaries of the stock option plan.
The table below indicates the remuneration paid to members of the Board of Directors in 2015.

Remuneration paid to directors in 2015

Name and Surname Office Term of Office Base Pay Compensation for participation in committees Bonuses and other incentives Non-monetary benefits Other compensation Total
Marina Berlusconi Chairman 1 Jan 2015
31 Dec 2015
15,000 a)
500,000 b)
515,000
Ernesto Mauri CEO 1 Jan 2015
31 Dec 2015
10,000 a)
1,100,000 b)
538,000 350,000 h) 1,998,000
Oddone Pozzi Director 1 Jan 2015
31 Dec 2015
10,000 a)
420,000 c)
112,000 5,670 547,670
Pier Silvio Berlusconi Director 1 Jan 2015
31 Dec 2015
10,000 a) 10,000
Pasquale Cannatelli Director 1 Jan 2015
31 Dec 2015
10,000 a) 10,000
Bruno Ermolli Director 1 Jan 2015
31 Dec 2015
10,000 a) 20,000 e) 30,000
Alfredo Messina Director 23 Apr 2015
31 Dec 2015
6,666 a) 6,666
Martina Forneron Mondadori Director 1 Jan 2015
31 Dec 2015
10,000 a) 10,000
Danilo Pellegrino Director 1 Jan 2015
31 Dec 2015
10,000 a) 10,000
Roberto Poli Director 1 Jan 2015
31 Dec 2015
10,000 a) 10,000
Angelo Renoldi Director 1 Jan 2015
31 Dec 2015
10,000 a) 25,000 d)
3,000 g)
20,000 f) 58,000
Mario Resca Director 1 Jan 2015
31 Dec 2015
10,000 a) 10,000
Cristina Rossello Director 1 Jan 2015
31 Dec 2015
10,000 a) 20,000 d)
13,333 e)
2,000 g)
45,333
Carlo Sangalli Director 1 Jan 2015
23 Apr 2015
10,000 a) 20,000 e) 30,000
Marco Spadacini Director 1 Jan 2015
31 Dec 2015
10,000 a) 20,000 d)
25,000 e)
2,000 g)
57,000

KEY
a) emoluments approved by shareholders;
b) compensation for the performance of key roles;
c) fixed wages;
d) Internal Control and Risk Management Committee;
e) Remuneration and Appointments Committee;
f) compensation as member of Supervisory and Oversight Body;
g) Repated Parties Committee;
h) compensation to be settled for 2015 non-compete clause