The remuneration packages for the executive Directors during approved on March 3, 2017 by the General Shareholders’ Meeting and the Board of Directors (within the framework approved by the General Shareholders’ Meeting), and included in the agreements with the relevant Directors also entered into as of such date, are the following: � a fixed amount of 700,000 euros for the Chairman and 455,000 euros for the CFO; � a variable amount of up to 300,000 euros for the Chairman and up to 195,000 euros for the CFO, which shall be determined annually in accordance with objectives of value creation; � remuneration in kind which includes the use of a company vehicle and life insurance policies and � a compensation for the termination of the agreement not higher than two years of total annual compensation provided that such termination is not caused by a breach of his duties by the Director.