Vittia Annual Report 2022
Board Remuneration
GRI 2-19
It is incumbent upon the Ordinary General Meeting
("AGO"), among the duties assigned to it by law, to set
the annual global remuneration of the members of the
Board of Directors and the Board of Executive Officers.
The global amounts paid to the Company's managers
are calculated and updated annually by the IPCA,
approved by the AGO and subsequently distributed
among the managers by the Board of Directors.
The calculation and readjustment methodology takes
into account the practices commonly adopted by the
market, and is based on specific surveys carried out with
a focus on companies in the same sector, as well as on
the official inflation indexes released by the government,
so that the remuneration of directors is periodically
readjusted, ensuring the compatibility of values with
the Company's goals and guidelines, according to the
evolution of performance indicators.
Board performance evaluation
GRI 2-18
We still do not have a formal process for assessing the
Board's performance, but it is a subject that is being
discussed and addressed for future implementation. In
addition, the Board is responsible for the individual
evaluation of the members of the Company's Board of
Executive Officers, which is carried out annually and the
result of which is disclosed only to the respective
director who was subject to evaluation.
VITTIA
Annual Report 2022
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