TerniEnergia, smart energy company active in the fields of renewable energy, energy efficiency, waste and energy management, listed on the Star segment of the Italian Stock Exchange and part of Italeaf Group, announces that, in addition to what is stated in the press release dated April 24, 2015, the Shareholders’ Meeting has approved the terms of the three-year variable remuneration plan for executive directors and key management personnel. These arrangements provide that, subject to the maximum payable equal to 15% of the salary of themselves to grant the incentive compensation, the plan will be effective only from the achievement of EBITDA target, set for the Group and individual Business Line, in the Business Plan approved by the Board of Directors and in the course of validity for reference year, and then to scale it increasing in proportion to the extent of the excess of the same general and individual targets.
