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The following table shows the incentive plans based on financial instruments, other than stock options, for members of the management body.

Values expressed in thousands of euros

      In the company drawing up the financial statements

In subsidiaries

and associates

 

Name and surname

A

 

Flavio Cattaneo

 



 

TOTAL

Position

B

 

CEO Key Managers with Strategic Responsibilities

Key Managers with

Strategic Responsibilities

 

Plan and respective resolution

1

 

Special Award year 2016 component
Special Award year 2016 component    

Financial instruments assigned in previous financial years not vested during the financial year

2

Number and type of financial instruments

Right to the free allocation of TIM ordinary shares with a value amounting to 80% of the maximum bonus of 40,000.000 euros

 

 

 

3

Vesting Period

Financial year 2016  

 

 

Financial instruments assigned during the financial year

4

Number and type of financial instruments

 

Right to the free allocation of TIM ordinary shares with a value amounting to 80% of the maximum bonus of 15,000.000 euros

 

 

5

Fair value on allocation date

 

€ 1,572,024

 

€ 1,572,024

6

Periodo di vesting

 

Financial year 2016

 

 

7

Allocation date

 

19 June 2017 

 

 

8

Market price on allocation

 

€ 0,836

 

 

Financial instruments vested during the financial year and not assigned

9

Number and type of financial instruments

 

 

 

 

Financial instruments vested during the financial year and not assigned

10

Number and type of financial instruments

 

1.487,178 (1)

 


 1.487.000

11

Value on allocation date

 

€ 1.160.000

 


€ 1.160.000

Financial instruments for the year

12

Fair value

 

 

 

 


(2)

 (1) Corresponding to 80% of the accrued bonus, at the normal value of TIM ordinary shares (€ 0.78) on 23 March 2017, the day it was ascertained. The normal value of the shares is understood as the arithmetic mean of the official share price recorded from the dealing day prior to the reference date up until thirty calendar days prior, calculated using as a denominator only those days to which the prices used for the basis of the calculation apply, calculated to two decimal places.


(2) After the settlement agreements reached during 2017, assessment losses totalling 8,762,056 euros were written off in the accounts.