Long-term Climate Strategy and Financial Performance
CEO's short term variable remuneration
Changes vs 2021 remuneration policy1
2021 MBO
Ordinary consolidated
net income (weight 35%)
Group Opex
(weight 20%)
>
FFO/Consolidated net
financial debt (weight 15%)
Safety in the workplace
(weight 15%)
>
SAIDI
(weight 15%)
>
2022 MBO
Underlying rationale
enel
Objective unchanged,
weight increased to 40%
Objective unchanged,
weight reduced to 10%
Further emphasize the importance of maintaining a solid financial structure
and growth in terms of profitability for the Group, ensuring that the
progressive increase in investments can develop in an environment
characterized by an adequate return for shareholders and adequate levels
of operating efficiency
Objective unchanged,
weight increased to 20%
Objective unchanged,
weight increased to 20%
Objective widen to include
claims, weight reduced to 10%
In consideration of the central role of ensuring safety in the workplace
and the non-achievement of this objective in 2020 and 2021
Measure customers' satisfaction also through the number of claims - considering
their central role in the electrification process - with a focus on Italy, the market of
most relevant dimension and greatest value creation for Enel
1.
Fixed remuneration and performance scale unchanged
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