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The following table shows the remuneration owed to all the individuals who held the position of manager with strategic responsibilities during the 2016 financial year, or any part thereof.

Values expressed in thousands of euros

Number of key managers with strategic responsibilities (*)

Fixed remuneration

Variable non-equity remuneration

Non-monetary benefits

Total

Fair Value of compensation equity

Compensation for loss of office or termination of employment
Bonuses and other incentives
Remuneration in the company that draws up the financial statements

3,732

1,413

108

5,253

279 5,435
Remuneration from subsidiaries(**)

464

682

 

1,146

218

599
Total

4,196

2,095

108

6,399

467

6,034

(*)  The compensation refers to all the individuals who held the position of Key Managers with Strategic Responsibilities during the 2016 financial year, or any part thereof (15 managers);

(**) Amounts relating to local work contracts have been converted into euros at the average exchange rate in 2016, at 31/06/2016 (Reais/€ 4.13001), at 31/12/2016 (€ 3.85935) and at 31/03/2017 (€ 3.34707).

The columns of the Consob tables are  not present when no data is contained.