Reply SpA

Income statement
Statement of comprehensive income
Statement of financial position
Statement of changes in equity
Statement of cash flows
Notes to the financial statements
Annexed tables
Note 39 - Emoluments to Directors, statutory Auditors and Key Management
In compliance to art. 78 of Regolamento Consob 11971 dated May 14, 1999 the fees of the Directors and statutory
Auditors of Reply S.p.A. for carrying out their respective function, including those in other consolidated companies,
are as follows:
(in Euros)
Office Term of Emoluments in Other Non-monetary
Name held P period of office office Reply S.p.A. compensation benefits
Mario Rizzante Chiarman 01/01/10 - 31/12/10 31/12/11 800,000 (1) 120,000 (2) -
Sergio Ingegnatti Chief Executive Officer 01/01/10 - 31/12/10 (**) 22/01/11 440,000 (3) 240,000 (4) -
Tatiana Rizzante Chief Executive Officer 01/01/10 - 31/12/10 31/12/11 370,000 (5) 460,000 (6) -
Oscar Pepino Executive director 01/01/10 - 31/12/10 31/12/11 440,000 (7) 200,000 (8) -
Claudio Bombonato Executive director 01/01/10 - 31/12/10 31/12/11 880,000 (9) - -
C. A. Carnevale Maffé Independent director 01/01/10 - 31/12/10 31/12/11 20,000 - -
Marco Mezzalama Independent director 01/01/10 - 31/12/10 31/12/11 20,000 - -
Independent director
Fausto Forti Lead Independent Director 01/01/10 - 31/12/10 31/12/11 20,000 4,000 (10) -
President of the Board
Cristiano Antonelli of Statutory Auditors 01/01/10 - 31/12/10 31/12/11 41,730 - -
Ada A. Garzino Demo Statutory auditor 01/01/10 - 31/12/10 31/12/11 28,095 - -
Paolo Claretta Assandri Statutory auditor 01/01/10 - 31/12/10 31/12/11 28,095 - -
Directors with
Key responsibilities 01/01/10 - 31/12/10 - - 2,650,775 61,000
(*) Board of Directors will hold office until the Shareholders’ meeting that will approve the December 31, 2011 financial statements.
(**) Passed away on January 22, 2011.
Following a brief description of the emoluments of the individual operating Director:
(1) Gross emolument for the office of Chairman and Chief executive officer of the Board of Directors amounting to 400,000 Euros; the residual amount is
referred to 2010 dividends in accordance to the Remuneration Committee indications.
(2) Gross salary as employee of a non listed subsidiary company.
(3) Gross emolument for the office of Chief executive officer of the Board of Directors amounting to 240,000 Euros; the residual amount is referred to 2010
dividends in accordance to the Remuneration Committee indications.
(4) Gross salary as employee of a non listed subsidiary company amounting to 40,000 Euros, the residual amount is referred to 2010 dividends in the non
listed subsidiary company.
(5) Gross emolument for the office of Chief executive officer of the Board of Directors amounting to 150,000 Euros; the residual amount is referred to 2010
dividends in accordance to the Remuneration Committee indications.
(6) Gross salary as employee of a non listed subsidiary company amounting to 280,000 Euros, the residual amount is referred to 2010 dividends in the non
listed subsidiary company.
(7) Gross emolument for the office of Executive Director to 240,000 Euros; the residual amount is referred to 2010 dividends in accordance to the Remuneration
Committee indications.
(8) Emolument referred to 2010 dividends in a non listed subsidiary company.
(9) Gross emolument for the office of Executive Director to 400,000 Euros; the residual amount is referred to 2010 dividends in accordance to the Remuneration
Committee indications.
(10) Attendance tokens in 2010 for the participation in the Compliance Committees meetings.
181