Investor Presentaiton
Focus on Corporate Governance
CEO's short-term variable remuneration 1
enel
Macro objective
Objective
Type of target
Weight²
Entry (50%)
Target (100%)
Over (150%)
Profitability
Ordinary consolidated
net income
35%
5.25 €bn
5.35 €bn
5.41 €bn
Economic
Efficiency
Cash and debt
management
Group Opex
20%
8.28 €bn
8.12 €bn
8.04 €bn
Economic
FFO/Consolidated net
financial debt
15%
24.4%
24.9%
25.2%
Financial
Safety
Safety in the
workplace
15%
FI³≤ 0.80
&
FA4≤ 7
FI³≤ 0.78
&
FA4≤ 7
FI³≤ 0.76
&
ESG
FA4≤ 7
COVID 19
emergency
Remote management
of operations5
15%
Average IT
logins 80%
Average IT
logins 84%
Average IT
logins 88%
ESG
1.
Management by objectives (MBO) 2020
2.
(%) Weight in the variable remuneration
3.
FI: Work-related accident Frequency Index
4.
FA: Number of Fatal Accidents during 2020, except for road events
5.
Average daily logins recorded during the period March-December 2020 to the ten main IT applications used within the Enel Group compared to the period January-February 2020
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