The Remuneration Committee will comprise a number of non-executive directors determined by the Board of Directors, subject to a minimum of three (3) and a maximum of five (5) members. A majority of its members must be independent. The Chairman of the committee will be appointed from among the independent directors sitting on the committee.
The committee shall meet as often as needed to ensure the full and timely performance of its duties and meetings will be called by its Chairman, either on their own initiative or when requested by two (2) members of the committee. The Chairman must call a meeting whenever the Board or its Chairman requests that a report be issued or a resolution carried.
Its duties include the following:
For more information on the Remuneration Committee and its duties, please see the section on Regulations of the Board of Directors.
|Name||Post||Nature||Date of appointment|
|María Amparo Moraleda Martínez||Chairwoman||Independent||25 September 2014|
|Alejandro García Bragado Dalmau||Member||Proprietary||1 February 2018|
|Cristina Garmendia Mendizábal||Member||Independent||22 May 2020|
|Óscar Calderón de Oya||Non-director Secretary||-||1 January 2017|
|Óscar Figueres Fortuna||First Deputy Secretary (non-director)||-||23 October 2017|