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 2019

Name and surnameOfficeTerm of officeBase payCompensation for participation in committeesBonuses and other incentivesNon-monetary benefitsOther compensationTotal
Marina BerlusconiChairperson1 Jan 2019
31 Dec 2019		15,000 a)
500,000 b)		515,000
Ernesto MauriChief Executive Officer1 Jan 2019
31 Dec 2019		10,000 a)
1,100,000 b)		730,000 9,930350,000 g)2,199,930
Paolo AinioDirector1 Jan 2019
31 Dec 2019		10,000 a)10,000
Pier Silvio BerlusconiDirector1 Jan 2019
31 Dec 2019		10,000 a)10,000
Elena BiffiDirector1 Jan 2019
31 Dec 2019		10,000 a)20,000 d)
2,000 e)		32,000
Francesco CurròDirector1 Jan 2019
31 Dec 2019		10,000 a)10,000
Patrizia GiangualanoDirector1 Jan 2019
31 Dec 2019		10,000 a)20,000 f)30,000
Martina Forneron MondadoriDirector1 Jan 2019
31 Dec 2019		10,000 a)10,000
Danilo PellegrinoDirector1 Jan 2019
31 Dec 2019		10,000 a)10,000
Roberto PoliDirector1 Jan 2019
31 Dec 2019		10,000 a)10,000
Oddone PozziDirector1 Jan 2019
31 Dec 2019		10,000 a)
420,000 c)		249,0009,228688,288
Angelo RenoldiDirector1 Jan 2019
31 Dec 2019		10,000 a)25,000 d)
3,000 e)
20,000 f)		20,000 h)78,000
Mario RescaDirector

Chairman of Mondadori Retail S.p.A

1 Jan 2019
31 Dec 2019

1 Jan 2019
31 Dec 2019

10,000 a)

120,000 a)
80,000 c)

10,000

200,000

Cristina RosselloDirector1 Jan 2019
31 Dec 2019		10,000 a)20,000 d)
2,000 e)
25,000 f)		57,000

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 2019
h) remuneration as member of the Supervisory and Oversight Body