Cycle of activities of the Remuneration Committee
The activities of the Committee implement an annual programme which breaks down into the following stages:
- verifying the adequacy, overall consistency and concrete application of the Policy adopted in the previous year, with regard to the results achieved and the remuneration benchmarks from highly specialist providers;
- defining the remuneration Policy proposals and the proposals relating to performance targets connected to short- and long-term incentive plans;
- proposals regarding the implementation of existing short- and long-term variable incentive plans, after verifying the results achieved for the performance targets set out in said plans;
- preparing the Remuneration Report to be submitted, annually, following the approval of the Board of Directors, to the Shareholders’ Meeting.