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 Performance Share plan, whose implementation is conditional on the pursuit of specific, annual economic-financial performance objectives. Non-executive directors are not beneficiaries of the Performance Share plan. There are no incentive plans based on stock options.

The table below indicates the remuneration paid to members of the Board of Directors in 2017.

Remuneration paid to directors in 2018

Name and surnameOfficeTerm of officeBase payCompensation for participation in committeesBonuses and other incentivesNon-monetary benefitsOther compensationTotal
Marina BerlusconiChairperson1 Jan 2018
31 Dec 2018		15,000 a)
500,000 b)		515,000
Ernesto MauriChief Executive Officer1 Jan 2018
31 Dec 2018		10,000 a)
1,100,000 b)		549,500350,000 g)4,658,000
Paolo AinioAmministr.1 Jan 2018
31 Dec 2018		10,000 a)10,000
Pier Silvio BerlusconiAmministr.1 Jan 2018
31 Dec 2018		10,000 a)10,000
Elena BiffiAmministr.24 Apr 2018
31 Dec 2018		6,666 a) 13,333 d)19,999
Francesco CurròAmministr.24 Apr 2018
31 Dec 2018		6,666 a)6,666
Patrizia GiangualanoAmministr.24 Apr 2018
31 Dec 2018		6,666 a)13,333 f)19,999
Martina Forneron MondadoriAmministr.1 Jan 2018
31 Dec 2018		10,000 a)10,000
Danilo PellegrinoAmministr.1 Jan 2018
31 Dec 2018		10,000 a)10,000
Roberto PoliAmministr.1 Jan 2018
31 Dec 2018		10,000 a)10,000
Oddone PozziAmministr.1 Jan 2018
31 Dec 2018		10,000 a)
420,000 c)		167,7008,428606,128
Angelo RenoldiAmministr.1 Jan 2018
31 Dec 2018		10,000 a)16,666 d)
21,666 f)		20,000 h)68,332
Mario RescaAmministr.

Presidente Mondadori Retail S.p.A

1 Jan 2018
31 Dec 2018

1 Jan 2018
31 Dec 2018

10,000 a)

120,000 a)
80,000 c)

10,000

200,000

Cristina RosselloAmministr.1 Jan 2018
31 Dec 2018		10,000 a)20,000 d)
23,333 f)		53,333

KEY
a) emoluments approved by the competent bodies
b) compensation for the performance of key roles
c) base salary and/or fixed employee or associate remuneration
d) Remuneration and appointments committee
e) Related parties committee
f) Internal control and risk management committee
g) non-compete agreement for 2018
h) remuneration as member of the Supervisory and Oversight Body