Other information relating to persons
with executive powers
Information about pecuniary and in-kind income received in the accounting period by persons with executive powers (with the exception of persons who make decisions in the issuer, which can affect the future development and the corporate strategy of the issuer, and who have access to insider information) from Telefónica CR and entities controlled by it
| (in CZK) | Pecuniary income | Of which royalties | In-kind income |
|---|---|---|---|
| Board of Directors – total | 69,103,743 | 0 | 28,812,631 |
| — of which by virtue of membership in the issuer’s Board of Directors | 462,000 | 0 | 1,431,409 |
| Supervisory Board – total | 11,315,385 | 0 | 3,381,186 |
| — of which by virtue in the issuer’s Supervisory Board | 5,596,204 | 0 | 3,006,521 |
The information about pecuniary and in-kind incomes of the Board of Directors collectively includes also incomes from the subsidiary Telefónica Slovakia, s.r.o. In 2011, members of the Supervisory Board received no pecuniary or in-kind income from entities controlled by Telefónica.
| (in CZK) | Pecuniary income | Of which royalties | In-kind income |
|---|---|---|---|
| Executive management 1 | 19,448,581 | 0 | 5,002,694 |
1 The category Executive Management of the Company includes income of persons listed in the sub-section Executive Management; the income of these persons who are at the same time members of the Board of Directors is shown in the table above, line Board of Directors – total.
| Number of shares | |
|---|---|
| Board of Directors | 0 |
| Supervisory Board | 100 |
| Audit Committee 1 | 0 |
| Other persons with executive powers – Executive management 2 | 0 |
1 Shares held by members of the Audit Committee who are also members of the Supervisory Board, are accounted for in the Supervisory Board total category.
2 The Executive management category includes the shares held by executives in the positions that members of the Executive Management of Telefónica CR (see sub-section Executive management). The shares held by those members of the Board of Directors who, at the same time, qualify as Executive Management are accounted for in the Board of Directors total category.
No conflict of interest was found in relation to members of the Board of Directors, Supervisory Board and executive management; no member has been, in the last five years, lawfully sentenced for fraud, nor been – as a statutory or supervisory body – a party to insolvency proceedings, nor been subject to receivership or liquidation, nor charged or sanctioned by statutory or regulatory bodies.
Information on work contracts and similar contracts concluded between members of the Board of Directors, the Supervisory Board and the Audit Committee with the issuerIn 2011, all members of the Board of Directors and of the Supervisory Board, with the exception of the substitute member of the Supervisory Board (José María Álvarez-Pallete Lopez, Patricia Cobian Gonzalez and Enrique Medina Malo) who were co-opted by the Supervisory Board on 8 November 2011, were bound by a valid agreement for discharge of the office of a member, which stipulates the eligibility for compensation for members who had committed to the non-competition covenant after the termination of their office.