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The following table presents the monetary incentive plans for key managers.

Values expressed in thousands of euros

Name and surname

Position

Plan

Bonus for the year

Bonus for previous years

Other Bonuses

 

 

 

Payable/

Paid

Deferred

Deferral period

No longer payable

Payable/

Paid

Still Deferred

 

Key Managers with Strategic Responsibilities

 

 

 

 

 

 

 

Remuneration in the company

drawing up the financial statements

             

MBO 2017
29/05/2017
07/09/2017

1,410 (1)

 
Special Award 2016
19/06/2017
 
158

Compensation in subsidiaries and associates

 

MBO 2017
11/05/2017

531 (2)

 

 

 

 

 

 

Special Reward
19/07/2017
500
Long Term Bonus 2017 13/12/2017 179 (2)
Over Performance TIM 2016
20/07/2017
  73 2020        

      

TOTAL

2,671

73         158

(1) In absence of the final closing of bonuses for the year 2017, the value represented in the table refers to the provisioning estimates in the
Financial Statements as at 31.12.2017.

(2) The amount refers to estimated local bonuses of 2,105,160 Reais and 710,233 Reais respectively, converted into euros at the average exchange rate for 2018 on 28/02/2018 (Real/€3.96207).

(*)Executives:

Stefano De Angelis

Chief Executive Officer TIM Brasil

Stefano Azzi

Head of Consumer & Small Enterprise (4)

Stefano Ciurli

Head of Wholesale  (4)   

Giovanni Ferigo

Head of  Technology (4)

Lorenzo Forina

Head of  Business & Top Clients (4)

Cristoforo Morandini

Head of Regulatory Affairs and Equivalence (4)

Mario Di Mauro

Head of Strategy, Innovation & Quality (5)

Michel Sibony

Head of  Procurement Unit & Real Estate (5)

Agostino Nuzzolo Head of Legal, Regulatory and Tax (6)
Head of Human Resources & Organizational Development (7)
Riccardo Meloni Head of Human Resources & Organizational Development (8)

Piergiorgio Peluso

Head of Administration, Finance and Control

Stefano Siragusa

Chief TIM Infrastructures Office (9)

(1 ) from 01 June 2017;

(2) until 31 May 2017;

(3) from 28 September 2017;

(4)  Amounts until 5 March 2018;

(5)  from 6 March 2018;

(6)  from 6 March 2018; until 5 March 2018 Head of Legal Affairs;

(7)  until 15 March 2018 the responsibility of Human Resources & Organizational Development department was assigned temporary to Mr. Nuzzolo;

(8)  from 16 March 2018;

(9)  from 12 March 2018;