annual report grupo security - Banco Security

D I R E C T O R S ’ A L L O W A N C E S A N D F E E SRegarding the allowances and fees received by each director during the year, the ordinary shareholders meetingmaintained the allowance approved in 2006, consisting of a director’s remuneration for attending Grupo Securityboard meetings of UTM 20 per meeting for each director and UTM 29 for the chairman, with a maximum of oneremunerated meeting per month. The board would also be paid an annual bonus not exceeding UTM 3,600 (A UTMis equivalente to USD$ 69).The total remuneration paid to directors of Grupo Security during the year amounted to UTM 3,522. No advisoryfees were incurred by the board.On the other hand, the directors of the Company indicated received the following gross remuneration for their workas directors of the subsidiaries mentioned: in Grupo Security UTM 290 (UTM 314 in 2006) for attendance allowanceto Francisco Silva Silva; UTM 200 (UTM 200 in 2006) for attendance allowance and UTM 470 (none in 2006) for feesto Claudio Berndt Cramer; UTM 220 (UTM 200 in 2006) for attendance allowance, UTM 43 (UTM 34 in 2006) forDirectors’ Committee allowance and UTM 470 (UTM 338 in 2006) for fees to Andrés Concha Rodríguez; UTM 240(UTM 240 in 2006) for attendance allowance to Jaime Correa Hogg; UTM 160 (UTM 200 in 2006) for attendanceallowance and UTM 26 (UTM 26 in 2006) for Directors’ Committee allowance to Jorge Marín Correa; UTM 240 (UTM200 in 2006) for attendance allowance and UTM 470 (none in 2006) for fees to Naoshi Matsumoto Takahashi; UTM240 (UTM 240 in 2006) for attendance allowance and nil (UTM 338 in 2006) for fees to Juan Cristóbal Pavez Recart;UTM 200 (UTM 220 in 2006) for attendance allowance to Horacio Pavez GarcÍa; UTM 220 (UTM 240 in 2006) forattendance allowance, UTM 34 (UTM 43 in 2006) for Directors’ Committee allowance and nil (UTM 338 in 2006)for fees to Álvaro Vial Gaete.In Banco Security, UTM 348 (UTM 339 in 2006) for asístanse allowance and UTM 10.402 (UTM 8.019 in 2006) feesto Francisco Silva Silva; UTM 200 (UTM 488 in 2006) for fees to Claudio Berndt Cramer; UTM 348 (UTM 344 in 2006)for assistance allowance and UTM 606 (nil in 2006) for fees to Jorge Marín Correa; UTM 220 (UTM 547 in 2006) forfees to Naoshi Matsumoto Takahashi; and UTM 220 (UTM 547 in 2006) for fees to Horacio Pavez García.In Seguros de Vida Security, UTM 158 (UTM 208 in 2006) for attendance allowance to Francisco Silva Silva; UTM175 (UTM 208 in 2006) for attendance allowance and UTM 470 (nil in 2006) for fees to Juan Cristóbal Pavez; UTM175 (UTM 191 in 2006) for attendance allowance and UTM 470 (nil in 2006) for fees to Horacio Pavez García; andUTM 175 (UTM 173 in 2006) for attendance allowance and UTM 470 (nil in 2006) for fees to Álvaro Vial Gaete. InInmobiliaria Security, UTM 6.034 (UTM 5.651 in 2006) for salary of Jaime Correa Hogg.