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FINANCIAL STATEMENTS, MANAGEMENT AND CORPORATE GOVERNANCE REPORT.
2011
None of the Board Members has received any compensation for belonging to other Boards of Directors of the Group’s
companies.
As was the case last year, at year-end of 2011, the Company has not granted any advance payments or loans to any of
its Board Members.
Regarding the benefits arrangements, the Company has taken out, for only one of the Joint CEOs, life insurance
covering disability or death and medical insurance, at an annual cost of EUR 15,818.These items are included in in-kind
compensation.
As was the case last year, no contribution has been made to pension plans or funds on behalf of any member of the
Board of Directors.
Options on the Company shares
In 2011, the Board members have given a total of 198,625 share options, of which 67,250 were granted to each Joint
CEO and 33,625 to the Chairman of the Board of Directors.
In 2011, no share options have been exercised.
In 2010, the Board members were given a total of 433,250 share options, of which 134,500 were granted to each Joint
CEO and 67,250 to the Chairman of the Board of Directors.
In 2010, no share options were exercised.
b. Compensation to key management personnel
Compensation paid to General Directors of the Company and individuals who discharge similar functions, excluding
those who are also members of the Board of Directors, is summarized as follows:
Number of persons
Total Compensation (Thousands of euros)
2011
2010
2011
2010
13
10
4,728
4,560
As far as the number of share options granted to Senior Management is concerned, excluding those managers which
are simultaneously members of the Board of Directors, the breakdown at 31 December 2011 and 2010 is as follows:
2011
2010
Option rights granted
234,900
313,000
Total
234,900
313,000
A list of the key management personnel is included in the accompanying management report.
c) Other disclosures on the Board of Directors:
Breakdown of the involvement with companies engaging in similar activities and the directors’ involvement in similar
activities either on their own or on behalf of others.
In respect of MEDIASET ESPAÑA COMUNICACIÓN, S.A. and in compliance with ar ticle 229.2 of the Capital
Companies Law, it is hereby confirmed that neither Mr. Giuseppe Tringali, Mr. Paolo Vasile, Mr. Giuliano Adreani, Mr. José
Ramón Álvarez Rendueles, Mr. Pier Silvio Berlusconi, Mr. Fedele Confalonieri, Mr. Ángel Durández Adeva, Mr. Marco