In the 2015 fiscal year, no financial instruments were allocated in connection to equity-based compensation packages; furthermore, no stock options were exercised in reference to the stock option plan established by the Shareholders’ Meeting for the period 2009/2010/2011.

Summary of options held at the end of 2015

Name and SurnameOfficeOptions held at beginning of fiscal yearOptions expired during the fiscal yearOptions held at the end of the fiscal year
Marina BerlusconiChairman720,000360,000360,000
Ernesto MauriChief Executive Officer70,00070,000
Key Management Personnel8 (**)355,000235,000120,000
Grand total1,145,000550,000