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Unicredit Remuneration Information 2021
4272_rns_2021-03-08_5a972790-a0ab-43dc-9b58-05223d2756c3.pdf
Remuneration Information
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Annex 1 to 2021 Group Remuneration Policy and Report
Information Tables Pursuant Art. 84-quater "Annual Report - Section II" of the Regulation n° 11971 Issued by Commissione Nazionale per le Società e la Borsa (Consob)
Year 2020
In the following pages a set of tables presents the quantitative information that the Company must provide in compliance with article 84-quater of Consob's Issuers Requlation nr. 11971 (last modified under resolution no. 21623 of December 10, 2020). In such regards, please note that the information requested at Section I and at the First Part of Section II of the Compensation Report, to be prepared in compliance with Attachment 3A, Schedule 7-bis of the above mentioned Requlation, is contained in the "2021 Group Remuneration Policy and Report", of which this document represents an enclosure.
The following set of tables provides the information foreseen by the Second Part of the above-mentioned Section II.
For a deeper understanding of the methodological criteria underlying the information reported in the various tables, reference is made to Annex 3A of the said Consob Requlation.
Here below a brief information on the contents of the various tables is reported:
TABLE 1: Compensation paid to members of the administrative and auditing bodies, to general managers and to other executives with strategic responsibilities
Provides, at an individual level and on accrual basis, the details of the compensation paid to the members of the Board of Directors, Board of Statutory Auditors and General Managers.
In compliance with Consob Resolution nr. n. 21623 of 10.12.2020, from this year the information regarding "Bonuses and other incentives" is provided on an accrual basis and independently from the fact that amounts are payable or still deferred. This is a different approach from the past, when amounts were reported on an out-of-pocket basis and included both the cash upfront quota of the annual bonus as well as the deferred amounts paid from previous years. For the other executives with strategic responsibilities, the information is provided on an aggregate basis. Please note that the related perimeter – defined by the Board of Directors – has changed from the previous year, with the inclusion of the Head of Finance of Controls, additionally to the co-Heads of Commercial Banking Western Europe, co-Heads Commercial Banking Central Eastern Europe, co-Chief Operating Officers, Heads of Group Compliance, Group Human Capital, Group Legal, Group Risk Management and Internal Audit. The related data are reported pro quota and, for comparability purposes, correspond to ca. 12 Full Time Equivalent (FTE).
The overall compensation paid by UniCredit Sp.A. for 2020 to the Board of Directors and to the Board of Statutory Auditors amounts respectively to € 3,875,489 and € 900,645.
The "Fair value of equity compensation" (column 7) does not represent a value actually paid to/gained by the beneficiaries of equity plans, being instead the cost that the Company is booking - on an accrual basis and during the vesting period - in consideration of the provision of incentives based on financial instruments. More details on such plans are provided at the following Table 2 and Table 3A
TABLE 2: Stock Options assigned to the members of the administrative body, to general managers and other executives with strategic responsibilities
Neither the non-executive members of the Board of Directors, nor the Board of Statutory Auditors benefit from any incentive plan, be it based on financial instruments or cash. Only some key management personnel benefited from the 2006 Stock Option Plan. These options lapsed at the end of 2020, as their exercise period expired.
TABLE 3A: Incentive plans based on financial instruments other than stock options, in favor of members of the administrative body, general managers and other executives with strateģic responsibilities
The table reports the number of shares promised and/or granted in connection with short/long term incentive systems
With reference to the Group Incentive Systems, the table reports the shares granted/promised in relation to equity deferrals, subject to malus and claw-back clauses. For the plans' features reference is made to the the description contained in the Compensation Report.
Please note that for the Chief Executive Officer, the 2017/2019 LTI Plan (linked to the Transform 2019 strategic plan) and 2020/2023 LTI Plan (linked to Team '23 strategic plan) represented the sole incentive tools over the plans' horizon. The Fair Value represents the cost booked for 2020 in compliance with IFRS2 and is made up of:
- · £ 2,909,347 acceleration of the full cost of LTI 2017/2019 in consideration of its maintenance as "good leaver", as foreseen in the exit agreement whose terms have been disclosed with press release dated 21.12.2020;
- € 1,420,682 for the full 2020 quota of the LTI 2020/2023 that had to be booked according to international accounting standards in view of - and notwithstanding - the waiver of the entire variable incentive opportunity for 2020 already communicated in the press release dated 22.04.2020.
TABLE 3B: Monetary incentive plans in favor of members of the administrative body, general managers and other executives with strategic responsabilities
Provides the details of all the cash incentives accrued and/or paid during the year in favor of the Chief Executive Officer, General Manager and other executives with strategic responsibilities. Neither the non-executive members of the Board of Directors, nor the Statutory Auditors receive any variable compensation.
As already mentioned, neither the Chief Executive Officer nor the General Manager participated into the 2020 annual incentive scheme
The performance achieved in 2020 allowed, according to the Group Incentive System Rules, for a payout of the 2020 annual bonuses, as well as the full payout of the deferred amounts which were subject to verification of access conditions as at December 31st, 2020, noting however the 2020 bonus decisions consider a reduction of ca. 50% in the bonus of Group Material Risk Takers compared to budgeted figures with a proportionally higher reduction for senior executives, consistently with the ECB requirements of extreme moderation. Please anyhow note that - as announced with press release issued on March 31*, 2020 – 7 senior executives waived their entire 2020 bonus as a sign of personal response to the difficult situation created by Covid 19 pandemic.
Information on the investments held by the members of the administrative and auditing bodies, by general managers and by other executives with strategic responsibilities
Table 1 and Table 2, drafted in compliance with schedule 7-ter, provide the shareholdings in UniCredit or its controlled/ associated companies held, respectively, by the members of the administrative fauditing bodies and by the General Manager as well as by other executives with strategic responsibilities.
| IABLE 1: Compensation paid to members of the and avoiling books, to general managers and to other executives with strategic responsibilities. Consob Issuers Regulation ar. 11971 - Annex 3A / Schedule 7-bis |
||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Amounts in Euro | ||||||||||||||||||
| (46 | (B) | C | (D) | (1) | (2) | 03 | (4) | (5) | (6) | 076 | (8) | |||||||
| Fixed compensation | Compensati | Variable non-equity compensation |
Severance indemnity |
|||||||||||||||
| Name and surname | Office | Period for which office was held Office expiry | Shareholder Emolument s' Meeting s resolved ov the |
Attendance tokens |
reimbursem Lump sum expense ents |
talian Civil sec. 2389 offices ex Comp.for specific Code |
Employment fixed salary |
Total | participatio committee on for C |
incentives and other Bonuses |
sharing Profit |
monetary benefits Non- |
remuneratio Other n |
Total | compensati Fair value of equity on |
termination employmen for end of office or of |
||
| Gesare Bisoni | Chairman of the Board | 01/01/2020 | 31/12/2020 | approv. bil 2020 |
75,000 | 17,000 | 775,000 | 867 000 | 867,000 | |||||||||
| Member Corp. Gover., Nomination and Sustainability Committee |
การทรงการแข่งขัน | 2602 2020 | 5.451 | 2.800 | 8251 | 8,251 | ||||||||||||
| Participation Off Site Meeting and other Committees as quest |
6.400 | 6,400 | 6.400 | |||||||||||||||
| () Compensation in the company preparing the financial statements | 80.451 | 26,200 | 775,000 | 881.651 | 381.65 | |||||||||||||
| (1) Compensation from subsidiaries and associates | ||||||||||||||||||
| ID Total | 80.451 | 26.200 | 775.000 | 881.651 | 881.651 | |||||||||||||
| Lamberto Andreotti | Deputy Vice Chairman of the Board | 01/01/2020 | 31/12/2020 | approv. bil 2020 |
75,000 | 15,000 | an min | an Tunn | ||||||||||
| Chairman Remuneration Committee | 1.1 11.12.20 | 317222020 | approv. bil 2020 |
35,000 | 6 400 | 10,000 | 51.400 | 51.400 | ||||||||||
| Participation Off Site Meeting and other Committees as quest |
24,800 | 24800 | 24,800 | |||||||||||||||
| () Compensation in the company preparing the financial statements | 110,000 | 46,200 | 10,000 | 166,200 | 166,200 | |||||||||||||
| (1) Compensation from subsidiaries and associates | ||||||||||||||||||
| 10 Total | 110,000 | 46.200 | 10.000 | 166,200 | 166,200 | |||||||||||||
| Jean Pierre Mustier | Chief Executive Officer | 01 11 2020 | 31722020 | approv. bil. 2020 |
75.000 | 15,800 | 102,000 | 708.000 | ann | (1) | 2 313 | AUR 113 | 4,330,029 | (2) | ||||
| Participation Off Site Meeting and other Committees as quest |
4,800 | 4800 | 4,800 | |||||||||||||||
| () Compensation in the company preparing the financial statements | 75,000 | 20,600 | 102,000 | 708,000 | 905,600 | 2.313 | 0.013 | 4,330,029 | ||||||||||
| (I) Compensation from subsidiaries and associates | ||||||||||||||||||
| (II) Total | 75,000 | 20,600 | 102.000 | 708,000 | 905,600 | 5,313 | 0.013 | 4,330,029 | ||||||||||
(1) The anount reflects Mr. Musice's waiver of 25%d 2021 overall fixed remuneration, announced with press release dated 22.04.2020
(2) The amount - see also table i A -represents the cost booked by I I FRS2 in view of the provision of equity based incentives and is made up of
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4 Annex 1 to 2021 Group Remuneration Policy and Report • UniCredit
| (A) | (B) | (c) | (D) | (2) | (5) | (4) | (5) | (6) | S | (8) | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed compensation | Compensati | Variable non-equity compensation |
Severance ndemnity |
|||||||||||||||
| Name and surname | Office | Period for which office was held Office expiry | Shareholder Emolument s resolved s' Meeting by the |
Attendance tokens |
reimbursem Lump sum expense ents |
talian Civil offices ex sec. 2389 Comp.for specific |
Employment fixed salary |
Total | participatio committee on for n |
incentives and other Bonuses |
sharing Profit |
monetary benefits Non- |
emuneratio Other C |
Total | compensati termination Fair value of equity on |
employmen for end of office or of 1 |
||
| Mohamed Hamad Al ne hairi |
Member of the Board | 01.01/2020 | 31/12/2020 | approv. bil 2020 |
75,000 | 15,400 | 90,400 | 90.400 | ||||||||||
| Participation Off Site Meeting and other Committees as guest |
5,600 | 5,600 | 5,600 | |||||||||||||||
| () Compensation in the company preparing the financial statements | 75,000 | 21,000 | 96,000 | 96,000 | ||||||||||||||
| (II) Compensation from subsidiaries and associates | ||||||||||||||||||
| (III) Total | 75,000 | 21,000 | 96,000 | 96,000 | ||||||||||||||
| Sergio Balbinot | Member of the Board | 01/01/2020 | 31/12/2020 | approv. bil. 2020 |
75,000 | 14,400 | 89.400 | 89 AUD | ||||||||||
| Participation Off Site Meeting and other Committees as quest |
5.600 | 5,600 | 5,600 | |||||||||||||||
| () Compensation in the company preparing the financial statements | 75,000 | 20,000 | 95,000 | 95,000 | ||||||||||||||
| (I) Compensation from subsidiaries and associates | ||||||||||||||||||
| 111) Total | 75,000 | 20.000 | 95,000 | 95,000 | ||||||||||||||
| incenzo Cariello | Member of the Board | 017177777771111 | 317222020 | approv. bil. 2020 |
75,000 | 17,000 | as innu | 4,811 | 101,811 | |||||||||
| Member of Related Parties Committee | 01/01/2020 | 31/12/2020 | approv. bil. 2020 |
35,000 | 8,400 | 43.400 | 43,400 | |||||||||||
| Participation Off Site Meeting and other Committees as guest |
5.600 | 5.6UU | 5.600 | |||||||||||||||
| () Compensation in the company preparing the financial statements | 110,000 | 31,000 | 141,000 | 9,811 | 150,811 | |||||||||||||
| (II) Compensation from subsidiaries and associates | ||||||||||||||||||
| 110 Total | 110,000 | 31,000 | 141,000 | 9,811 | 150,811 | |||||||||||||
| Elena Carletti | Member of the Board | 177777777777 | 317222020 | approv. bil. 2020 |
75,000 | 17,000 | as nun | az innu | ||||||||||
| Member of Remuneration Committee | 01.01/2020 | 31/12/2020 | approv. bil. 2020 |
35,000 | 7,200 | 42,200 | 42 ,200 | |||||||||||
| Member of Internal Control and Risks Committee | 017112020 | 3172222222 | approv. bil. 2020 |
50,000 | 16,000 | 66,000 | 66 ,000 | |||||||||||
| Participation Off Site Meeting and other Committees as quest |
24,000 | 24,000 | 24,000 | |||||||||||||||
| Compensation in the company preparing the financial statements | 160,000 | 64.200 | 224,200 | 224 200 | ||||||||||||||
| II) Compensation from subsidiaries and associates | ||||||||||||||||||
| (111) Total | 160,000 | 64,200 | 224,200 | 224 200 |
| 045 | (B) | (C) | (D) | 125 | 133 | (4) | (5) | (6) | 076 | (8) | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed compensation | Compensat | Variable non-equity compensation |
Severance ndemnity |
|||||||||||||||
| Name and surname | Office | Period for which office was held Office expiry | Shareholder Emolument resolved Meeting by the ડ ટે. |
Attendance tokens |
reimbursem Lump sum expense ents |
sec 2389 talian Civi offices ex Comp.for specific Code |
Employment fixed salary |
Total | participatio committee on for C |
incentives and other Bonuses |
sharing Profit |
monetary benefits Non- |
emuneratio Other n |
Total | compensati Fair value of equity on |
termination employmen for end of office or of 1 |
||
| Diego De Giorgi | Member of the Board | 05 A02 /2020 | 31/12/2020 | approv. bil. 2020 |
67,828 | 13,000 | 80,828 | 80,828 | ||||||||||
| Member of Remuneration Committee | 04/11/2020 | 31777777777 | approv. bil 2020 |
5,546 | 5,546 | 5,546 | ||||||||||||
| Participation Off Site Meeting and other Committees as quest |
16.000 | 16,000 | 16,000 | |||||||||||||||
| [0 Compensation in the company preparing the financial statements | 73,374 | 29.000 | 102,374 | 102,374 | ||||||||||||||
| II Compensation from subsidiaries and associates | ||||||||||||||||||
| II) Total | 73,374 | 29.000 | 102,374 | 102,374 | ||||||||||||||
| lsabelle de Wismes | Member of the Board | ui and ranzu | 04.03/2020 | 13,115 | 800 | 13,915 | 13,915 | |||||||||||
| Member of Internal Control and Risks Committee | ui ni 12020 | 04.03/2020 | 8,743 | 3,000 | 11,743 | 11,743 | ||||||||||||
| Participation Off Site Meeting and other Committees as quest |
||||||||||||||||||
| [0 Compensation in the company preparing the financial statements | 21,858 | 3,800 | 52,658 | 25,658 | ||||||||||||||
| (I) Compensation from subsidiaries and associates | ||||||||||||||||||
| (II) Total | 21,858 | 3,800 | 25,658 | 25,658 | ||||||||||||||
| Beatriz Lara Bartolomé | Member of the Board | กอ พรรครทริก | 314272020 | approv. bil. 2020 |
67,828 | 13,000 | 80,828 | 80,828 | ||||||||||
| Participation Off Site Meeting and other Committees as quest |
6,400 | 6,400 | 6,400 | |||||||||||||||
| (I) Gompensation in the company preparing the financial statements | 67,828 | 19,400 | 87,228 | 87,228 | ||||||||||||||
| II Compensation from subsidiaries and associates | ||||||||||||||||||
| (II) Total | 67,828 | 19,400 | 87,228 | 87,228 | ||||||||||||||
| Stefano Micossi | Member of the Board | การกรรม และ | 317272020 | approv. bil 2020 |
75,000 | 16,400 | 91,400 | 91,400 | ||||||||||
| Chairman of Corp. Gover., Nomination & Sustainability Committee |
ul vij vzuzu | 317222020 | approv. bil. 2020 |
35,000 | 10,000 | 10,000 | 55,000 | 55,000 | ||||||||||
| Member of Related Parties Committee | 01/01/2020 | 31/12/2020 | approv. bil. 2020 |
35,000 | 8,400 | 43.400 | 43,400 | |||||||||||
| Participation Off Site Meeting and other Committees as guest |
6.400 | 6 .400 | 6,400 | |||||||||||||||
| [0 Compensation in the company preparing the financial statements | 145,000 | 41.200 | 10.000 | 196,200 | 196,200 | |||||||||||||
| II Compensation from subsidiaries and associates | ||||||||||||||||||
| (II) Total | 145.000 | 41,200 | 10,000 | 196,200 | 196,200 |
| (A) | (B) | (C) | (D) | (1) | (2) | (3) | (4) | (5) | (6) | S | (B) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed compensation | Compensat | Variable non-equity compensation |
Severance ndemnity |
|||||||||||||||
| Name and surname | Office | Period for which office was held | Office expiry | Shareholder Emolument Meeting resolved by the SI રે |
Attendance tokens |
reimbursem Lump sum expense ents |
sec. 2389 talian Civil offices ex Comp.for specific Code |
Employment fixed salary |
Total | participatio committee on for C |
and other incentives Bonuses |
sharing Profit |
monetary benefits Non- |
remuneratio Other n |
Total | compensati Fair value of equity on |
termination employmen for end of office or of + |
|
| Pier Carlo Padoan | Member of the Board | 137072020 | 317272020 | assemblea ərima |
16,393 | 2,000 | 18:343 | 18 333 | ||||||||||
| Member Corp. Gover., Nomination and Sustainability Committee |
04/11/2020 | 31/12/2020 | assemblea ərimə |
5,546 | 800 | 6,346 | 6.346 | |||||||||||
| Participation Off Site Meeting and other Committees as guest |
800 | 800 | RUL | |||||||||||||||
| () Compensation in the company preparing the financial statements | 21,940 | 3,600 | 25,540 | 25,540 | ||||||||||||||
| (10) Compensation from subsidiaries and associates | ||||||||||||||||||
| (11) Total | 21,940 | 3.600 | 25,540 | 25,540 | ||||||||||||||
| Maria Pierdicchi | Member of the Board | 01/01/2020 | 31/12/2020 | approv. bil 2020 |
75.000 | 17.000 | 92,000 | 92,000 | ||||||||||
| Member of Intemal Control and Risks Committee | 01.01/2020 | 31/12/2020 | approv. bil. 2020 |
50,000 | 15,400 | 65.400 | 65.400 | |||||||||||
| Chairman of Related Parties Committee | 017177777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 | 317222020 | approv. bil. 2020 |
35,000 | 8.400 | 10,000 | 53.400 | 53,400 | ||||||||||
| Participation Off Site Meeting and other Committees as quest |
6,400 | 6.400 | 6,400 | |||||||||||||||
| () Compensation in the company preparing the financial statements | 160.000 | 47,200 | 10.000 | 217,200 | 217,200 | |||||||||||||
| (II) Compensation from subsidiaries and associates | ||||||||||||||||||
| 110 Total | 160,000 | 47.200 | 10.000 | 217,200 | 217,200 | |||||||||||||
| Francesca Tondi | Member of the Board | 01.01/2020 | 31/12/2020 | approv. bil. 2020 |
75,000 | 16,400 | 91,400 | 91,400 | ||||||||||
| Member of Corp. Gover., Nomination & Sustainability Committee |
01 01 2020 | 317222020 | approv. bil. 2020 |
35,000 | 10,000 | 45,000 | 45 ,UUU | |||||||||||
| Member of Internal Control and Risks Committee | 01.01/2020 | 31/12/2020 | approv. bil. 2020 |
50,000 | 16.000 | 66,000 | 66,000 | |||||||||||
| Participation Off Site Meeting and other Committees as guest |
24,800 | 24,800 | 24,800 | |||||||||||||||
| Compensation in the company preparing the financial statements | 160,000 | 67.200 | 227,200 | 227,200 | ||||||||||||||
| (1) Compensation from subsidiaries and associates | ||||||||||||||||||
| (11) Total | 160,000 | 67,200 | 227,200 | 227,200 |
| (40) | (B) | 10 | (0) | (1) | (2) | C | (4) | (5) | (5) | (76) | (8) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed compensation | Compensat | Variable non-equity compensation |
Severance indemnity |
|||||||||||||||
| Name and surname | Office | Period for which office was held Office expiry | Shareholder Meeting Emolument s resolved by the S |
attendance tokens |
reimbursem Lump sum expense ents |
sec. 2389 talian Civi offices ex Comp.for specific Code |
Employment fixed salary |
Total | participatio committee on for n |
and other incentives Bonuses |
sharing Profit |
monetary benefits Non- |
remuneratio Other n |
Total | compensati Fair value of equity on |
termination employmen for end of office or of t |
||
| Alexander Wolfgring | Member of the Board | U1 N1 ZUZU | ลามารถกรณ | approv. bil 2020 |
75,000 | 16.400 | 91,400 | 9,817 | 101,211 | |||||||||
| Chairman of Internal Control and Risks Committee |
01/01/2020 | 31/12/2020 | approv. bil. 2020 |
50,000 | 16.000 | 100,000 | 166,000 | 166,000 | ||||||||||
| Member of Corp. Gover., Nomination & Sustainability Committee |
U1 A1 22020 | 317272777777 | approv. bil. 2020 |
35,000 | 9.600 | 44.600 | 44,600 | |||||||||||
| Participation Off Site Meeting and other Committees as quest |
15.200 | 15,200 | 15,200 | |||||||||||||||
| (1) Compensation in the company preparing the financial statements | 160,000 | 57,200 | 100,000 | 317,200 | 9,811 | 327,011 | ||||||||||||
| (II) Compensation from subsidiaries and associates | ||||||||||||||||||
| III) Total | 160,000 | 57,200 | 100,000 | 317,200 | 9.811 | 327,011 | ||||||||||||
| Elena Zambon | Member of the Board | มา การของประเทศ | 134117777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777777 | 58.811 | 11.800 | /0.611 | /0.61 | |||||||||||
| Member of Corp. Gover., Nomination & Sustainability Committee |
01 01/2020 | 137 Uzuzu | 27.445 | 6.800 | 34,245 | 34,245 | ||||||||||||
| Member of Remuneration Committee | 01/01/2020 | 13/10/2020 | 27,445 | 5,200 | 32,645 | 32,645 | ||||||||||||
| Participation Off Site Meeting and other Committees as guest |
4.800 | 4.800 | 4,800 | |||||||||||||||
| (1) Compensation in the company preparing the financial statements | 113,702 | 28.600 | 142,302 | 142,302 | ||||||||||||||
| (II) Compensation from subsidiaries and associates | ||||||||||||||||||
| (II) Total | 113,702 | 28,600 | 142,302 | 142,302 | ||||||||||||||
| TOTAL BOARD | (() Compensation in the company preparing the financial statements | 1,609,153 | 526,400 | 1,007,000 | 70&000 | 3.850.523 | 24,936 | 3,875,489 | 4,330,029 | |||||||||
| (II) Compensation from subsidiaries and associates | ||||||||||||||||||
| (III) Total | 1,609, 153 | 526.400 | 1,007,000 | 70% 000 | 3.850.553 | 24,936 | 3,875,489 | 4.330.029 |
| (Ab | (B) | (C)) | (D) | (16 | (2) | G | (4) | (5) | (6) | 6 | (B) | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed compensation | Compensat | Variable non-equity compensation |
Severance ndemnity |
|||||||||||||||
| Name and surname | Office | Period for which office was held Office expiry | Shareholder Emolument s resolved Meeting by the S. |
Attendance tokens |
reimbursem Lump sum expense ents |
6888888889 Italian Civil offices ex Comp.for specific Code |
Employment fixed saları |
Total | participatio committee on for n |
and other incentives Bonuses |
sharing Profit |
monetary benefits Non- |
remuneratio Other n |
Total | compensati termination Fair value of equity on |
employmen for end of office or of t |
||
| Marco Rigotti | Chairman Board Statutory Auditors | กา กา กรุงเริ่ม | 317272020 | approv. bil 2021 |
170,000 | 42,400 | 212 AUU | 11,489 | 223,889 | |||||||||
| Partecipation meetings BoD, ICRC, Off Site | ||||||||||||||||||
| (0) Gompensation in the company preparing the financial statements | 170,000 | 42,400 | 212,400 | 11,489 | 223,889 | |||||||||||||
| (II) Compensation from subsidianes and associates | ||||||||||||||||||
| (II) Total | 170,000 | 42,400 | 212,400 | 11.489 | 223,889 | |||||||||||||
| Antonella Bientinesi | Standing Auditor | ບາ ລາ ການປະຊຸມ | 317272020 | approv. bil. 2021 |
125,000 | 30,400 | 155,400 | 11,489 | 166,889 | |||||||||
| Partecipation meetings BoD, ICRC, Off Site | ||||||||||||||||||
| () Compensation in the company preparing the financial statements | 125,000 | 30,400 | 155,400 | 11,489 | 166,839 | |||||||||||||
| (II) Compensation from subsidiaries and associates | ||||||||||||||||||
| (11) Total | 125,000 | 30,400 | 155,400 | 11.489 | 166,889 | |||||||||||||
| Angelo Rocco Bonissoni |
Standing Auditor | มา พาริกิรินิเป็น | 317222020 | approv. bil. 2021 |
125,000 | 32,400 | 15 / .400 | 11,489 | 168,889 | |||||||||
| Partecipation meetings BoD, ICRC, Off Site | ||||||||||||||||||
| (I) Gompensation in the company preparing the financial statements | 125,000 | 32,400 | 157,400 | 11.489 | 168,889 | |||||||||||||
| (II) Compensation from subsidianes and associates | ||||||||||||||||||
| (II) Total | 125,000 | 32,400 | 157,400 | 11,489 | 168,899 | |||||||||||||
| Benedetta Navarra | Standing Auditor | 01/01/2020 | 31/12/2020 | approv. bil. 2021 |
125,000 | 33,200 | 158,200 | 11,489 | 169,689 | |||||||||
| Partecipation meetings BoD, ICRC, Off Site | ||||||||||||||||||
| (0) Compensation in the company preparing the financial statements | 125,000 | 33,200 | 158,200 | 11.489 | 169,689 | |||||||||||||
| (II) Compensation from subsidiaries and associates | 30,000 | 30.000 | 30,000 | |||||||||||||||
| (II) Total | 155,000 | 33,200 | 133,200 | 11.439 | 199.689 |
| Name and surname | Office B |
Period for which office was held Office expiry s resolved | Emolument Shareholder s' Meeting by the |
tokens | Lump sum ents |
Attendance expense offices ex Employment reimbursem sec. 2389 fixed salary Italian Civil Comp.for Fixed compensation specific CARP |
Total | participatio Compensati committee on for S |
Variable non-equity compensation G incentives and other Bonuses |
sharing Profit |
benefits Non- (4) |
monetary remuneratio Other (5) |
Total (6) |
compensati termination Fair value of equity on (7) |
employmen Severance indemnity for end of office or of (3) |
||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Guido Paolucci | Standing Auditor | 01/01/2020 | 31/2/2020 | approv. bıl. 2021 |
125,000 | 34,800 | 159,800 | 11,489 | 117,289 | ||||||||
| Partecipation meetings BoD, ICRC, Off Site | |||||||||||||||||
| (I) Compensation in the company preparing the financial statements | 125,000 | 34.800 | 159,800 | 11.489 | 171,289 | ||||||||||||
| (II) Compensation from subsidianes and associates | 15,000 | 15,000 | 1,403 | 16,403 | |||||||||||||
| 0 Tota | 140.000 | 34.800 | 174,800 | 12.897 | 187,697 | ||||||||||||
| STATUTORY | TOTAL BOARD OF | 670.000 | 173,200 | 843,200 | 57,445 | 900,645 | |||||||||||
| AUDITORS | (I) Compensation from subsidianes and associates | 45.000 | 45,000 | 1 ,408 | 46,408 |
| STATUTORY | TOTAL BOARD OF | 3,20 | 44 57. |
C | ||||
|---|---|---|---|---|---|---|---|---|
| AUDITORS | 45,00 | ਕੇ | ||||||
| (II) Total | 333 20 | 28.85 | 447.053 | |||||
| 031 | 10 | (3) | (4) | (5) | 15 | (8) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fixed compensation | Compensat | Variable non-equity compensation |
Severance indemnity |
||||||||||||||
| Name and surname | Office | Period for which office was held Office expiry s resolved | hareholder Meeting Emolument by the |
Attendance tokens |
reimbursem sec 2389 fixed salary Lump sum expense ents |
offices ex Employment Italian Civil Comp.for specific Code |
Total | participatio committee on for |
incentives and other Bonuses |
sharing Profit |
monetary benefits Non- |
remuneratio Other |
Tota | compensati termination Fair value of equity on |
employmen office or for end of 01 |
||
| Other Executives with [(I) Compensation in the company preparing the financial statements | 10,028,1311 10,028,131 | 446 .124 | 372,545 11,006,178 11,006,178 5,088,165 | ||||||||||||||
| Responsibilities Strategic |
I(I) Compensation from subsidianes and associates | ||||||||||||||||
| (total 12 FTE) | 10,028,131 10,028,131 | 446, 124 | 372,545 159,378 11,006,178 5,088,165 | ||||||||||||||
| ARE 2 Stock Options Assigned to the Members of the Managers and Other Executives with Strategie Responsibilitys | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Options Held at Start of the Year | Options Assigned During the Year | Options Exercised During the Year | (14) | (10) | (16) | ||||||||||||
| 1 | U | D | 13 | (9 | 0 | 0 | 11 | 13 | 6 | (10) | (1) | 12 | (18) | ||||
| Name and Surname | Office | Plan | Number of Options |
Exemise Price |
Period of Possible Exercise (from_to) |
Options | Price | Exercise Assign. Date Period of (from_to) |
Number of Exercise Possible Fair Value at Assignment | Date | Market Price of Assignement Shares upon Underlying of Options |
Number of Options |
Exercise Price |
Exercise Date Shares on |
Market Price Options Lapsed Options Held at of Underlying During the Year the End of the (Number) |
Year | Relevant to the Year (Fair Options Value) |
| ean Pierre Mustier | Amministratore Delegato | ||||||||||||||||
| Compensi nella società che redige il bilancio | |||||||||||||||||
| D Compensi da controllate e collecate | |||||||||||||||||
| III Totale | 0 | 0 | 0 | I | 0 | 0 | |||||||||||
| ther Executives with Strategic Responsibilities | |||||||||||||||||
| reparing financial statements Compensation in company |
n. 5 Executives | 2006 Stock Options | 22,299 | 166.399 | 13/06/2010 31/12/2019 |
22,299 | |||||||||||
| Compensation from Subsidianes and Associates | |||||||||||||||||
| 1 Tota | 22,299 | 22,299 | |||||||||||||||
Gonsob Issuers Regulation nr. 11971 - Annex 3A / Schedule 7-bis
Conob bears Regulation not 1971 - Inner States of the administrative body, generalmanagers and other executive with strategic responsibilities
| previous years and not vested during Financial instruments as signed during the year |
Financial instruments as signed during the year | vested during instruments not assigned the year and Financial |
during the year and as ignable Financial instruments vested |
rele vant to the in struments Financia year |
|||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 8 | (1) | 5 | B | (4) | 0 | 0 | G | (3 | a | (10) | (1 0 | (12) |
| Name and surname | Office | Plan | type of financial Number and instruments |
Vesting period | type of financial Number and instruments |
assign. date Fair val. on |
Vesting period | Assignment date |
Market price as sign ment upon |
ype of financial Number and in struments |
type of financial Numberand instruments |
maturity date Value on |
Fair Value |
| le an Pierre Mustier | Chief Executive Officer |
||||||||||||
| (1) Compensation in company preparing inancial statements |
LTI 2017 2019 | 486.391 | 31/12/2022 | I | - | - | - | l | - | l | i | 2.909.348 | |
| 111 2020 - 2022 | - | l | l | I | 178.129 | 1,420,682 | |||||||
| II Compensation from Subsidiaries and Associates |
l | l | l | l | 1 | l | l | ||||||
| 11) Total | 486.391 | - | । | - | - | - | । | 178.129 | । | ı | 4.330.029 | ||
| Other Executives with Strategic Responsibilities |
|||||||||||||
| () Compensation in | 1.12 Executive | Bonus 2014 | U | 0 | - | - | l | I | 31 028 | 265 531 | በ | ||
| financial statements company preparing |
1.12 Executive | Bonus 2015 | 43,927 | 100%-31/12/2019 | 0 | - | 0 | 43,927 | 376 059 | 0 | |||
| 1.1 Executive | Bonus 2016 | 66 884 | ويورووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووووو 50%-3112/2020 |
Î | l | l | l | 53,442 | 286 291 | 87,940 | |||
| 8 Executive | LT1 2017 _ 2019 | 838,343 | 40%-317222019 60%-31/12/2022 |
ח | " | - | l | l | በ | រា | 1 013,579 | ||
| 1.12 Executive | Bonus 2017 | 87 mm3 | 33%-31/12/2019 33%-317777777777 33%-311222021 |
Î | l | l | l | l | । | 28 ไทกวิ | 496 264 | 208,320 | |
| 1.12 Executive | Bonus 2018 | 223,125 | 40%-31/12/2018 20% 20%-31/12/2022 20%-317222021 317272020 |
l | 0 | 288 898 | |||||||
| 1.12 Executive | Bonus 2019 | 256,690 | 4006-3171222019 2006 20%-3177272023 20%-3177272022 3172/2021 |
- | - | 0 | 0 | 415 925 | |||||
| 1. 9 Executive | LT 2020-2023 | 1,915 254 | 25,660,573 | 15%-3142/2026 15%-317272022 15%-3112/2024 40%-31/12/2023 15%-311272021 |
14/01/2020 | 13.398 | Î | 2 831 1088 | |||||
| 1.12 Executive | Bonus 2020 | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ | 1 | 64.119 | 548 923 | 18 7% - 31 112/2026 18,7%-31 /12/2024 18,1% - 31 / 2/2025 43 8% - 31 / 2/2022 |
03/2020 | 8 561 | 0 | U | 242,415 | ||
| II Compensation from Subsidiaries and Associates |
l | - | l | l | l | ||||||||
| (II) Total | 1,515,972 | l | 1,979,373 | 0 | - | י | 166,400 | 1,424,550 | 5,088,165 |
UniCredit Group - Internal Use Only.
Consob Issuers' Regulation nr. 11971 - Attachment 3A / Schedule 7-bis
TABLE 3B: Monetary Incentive Plans in Favour of Members of the Administrative Body, General Managers and
| 7 | 8 | (2) | 3 | (4) | |||||
|---|---|---|---|---|---|---|---|---|---|
| Annual Bonus | Previous Years Bonuses | ||||||||
| Name and Surname | Office | uan | 41 | 3 | 141 | 3 | Other Bonuses | ||
| Pavable / Paid Deferred | Deferral Period | Non Longer Pavable |
Payable / Paid Still Deferred | ||||||
| Jean Pierre Mustier | Chief Executive Officer | ||||||||
| (I) Compensation In The Company Preparing the Financial Statements | nn | ||||||||
| II) Compensation from Subsidiaries and Associates | m | ||||||||
| (III) Total | |||||||||
| Other Executives with Strategic Responsibilities | |||||||||
| (1) Compensation In The Company Preparing the Financial Statements | Group Incentive System 2015 | 1,456,235 | |||||||
| Group Incentive System 2016 | 858,755 | ||||||||
| Group Incentive System 2017 | 975,688 | ||||||||
| Group Incentive System 2018 | 938,334 | ||||||||
| Group Incentive System 2019 | 1,353,377 | ||||||||
| Group Incentive System 2020 | 240,291 | 205,833 | 50% 31.12.2022 50% 31.12.2025 |
||||||
| (II) Compensation from Subsidiaries and Associates | nn |
TABLE 1: Investments of the Members of the Administrative and Auditing Bodies and General Managers Consob Issuers Regulation nr. 11971 - Annex 3A / Schedule 7-ter
| End of 2019 Held at the Type of Shares Company Investee Dffice Name and Surname BOARD OF DIRECTORS |
End of 2020 Held at the Sol Acquired |
|---|---|
| ord. UniCredit Chief Executive Officer Jean Pierre Mustier |
545.648 |
| Director Elena Carletti |
808 |
(1) Or start / end date of appointment if different from indicated period
Auditor
Guido Paolucci
319
ਤੇ ਹੋ ਰੇ
TABLE 2: Investments of Other Executives with Strategic Responsibilities Consob Issuers Regulation nr. 11971 - Annex 3A / Schedule 7-ter
| 641.258 | 166.400 (c) 103.184 | 578.047 | ord | UniCredit | ||
|---|---|---|---|---|---|---|
| End of 2020 Held at the |
Number of Shares Sold |
Share End of 2019 Acquired Type of Held at the |
Number of Executives with Strategic Responsibilities Company |
(2) Resulting from the granting in 2020 of free ordinary shares under the Group Incentive Schemes
(3) Of which 97,084 sold within Share Netting /Share Cashing processes (1) Or start / end date of appointment if different from indicated period
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