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DIRECTORS
When executive or internal directors are hired,
indemnity clauses may be stipulated, applicable only
during the first two years in which the contract is in
force and only in the event of a unilateral termination by
the company.
The maximum limit of the amount of this indemnity
payment will be one year's salary.
Indemnity clauses may also be stipulated in the event of
a change in the group's controlling shareholder, with a
maximum indemnity payment equivalent to an annual
payment of the director's full remuneration, including
the variable and fixed component.
EXECUTIVES
This type of clause is not common.
In certain exceptional cases, following individual
negotiation and motivated by the special interest the
business might have in contracting a specific
professional, a special compensation regime may be
established, that can be temporary or permanent, and in
which the particular circumstances of this contract and
its future termination are taken into account.
The general rule is that under no circumstance would a
takeover bid itself be grounds for the termination of an
employment contract or the payment of indemnity.
EMPLOYEES
Indicate whether these contracts must be disclosed and/or approved by the company or
group bodies:
Board of Directors
Shareholders’
Meeting
Body authorising the clauses
X
YES
NO
Was the Shareholders’ Meeting informed of the
clauses?
X
C.2
Board of Directors' Committees
C.2.1
Detail all the Board of Directors' committees, their members and the proportion of
significant-shareholder appointed and independent directors integrating them:
EXECUTIVE COMMITTEE
Name
Position
Type
Mr. José Manuel Lara Bosch
Chairman
Executive
Mr. Silvio González Moreno
Director
Executive
Mr. Maurizio Carlotti
Director
Executive
Imagina Media Audiovisual, S.L. Director
Significant-shareholder
appointed
Mr. Nicolás de Tavernost
Director
Significant-shareholder
appointed
Mr. Marco Drago
Director
Significant-shareholder
appointed
% of executive directors
50
% of significant-shareholder appointed
directors
50
% of independent directors
0
% of other non-executive directors
0