Annual Report - EDP

: corporate governance :GENERAL ANDSUPERVISORY BOARDThe table below shows the remuneration paid to themembers of the General and Supervisory Boardelected at the General Meeting of Shareholders on20 February 2012 for the 2012/2014 term of office:euros132FIXEDEduardo de Almeida Catroga 430,017.24China Three Gorges Corporation 46,064.52China International Water & Electric Corporation 33,268.79China Three Gorges New Energy Corporation Ltd. 33,268.79China Three Gorges International (Europe) (1) 33,268.79Cajastur Inversiones, S.A. 51,208.31Luis Filipe da Conceição Pereira 54,027.79Mohamed Ali Ismaeil Ali Al Fahim 51,217.89Carlos Jorge Ramalho Santos Ferreira 54,027.79Sonatrach 50,513.87José Maria Espírito Santo Silva Ricciardi 51,999.96Parpública - Participações Públicas, (SGPS), S.A. (2) 0.00Alberto João Coraceiro de Castro 66,068.96António Sarmento Gomes Mota 69,295.94Maria Celeste Ferreira Lopes Cardona 56,681.12Fernando Masaveu Herrero 44,031.12Ilídio da Costa Leite de Pinho 28,720.02Jorge Braga de Macedo 44,031.12Manuel Fernando de Macedo Alves Monteiro 69,295.94Paulo Jorge de Assunção Rodrigues Teixeira Pinto 44,031.12Vasco Joaquim Rocha Vieira 44,031.12Vítor Fernando da Conceição Gonçalves 82,596.21Rui Eduardo Ferreira Rodrigues Pena 57,000.00(1) The actual payment is pending the regularization of procedural issues(2) Declined paymentIn 2012 remuneration was also paid to themembers of the General and Supervisory Boardin office until 20 February 2012.eurosFIXEDAntónio de Almeida 69,437.62Diogo Campos Barradas de Lacerda Machado 7,321.83José Manuel Santos Fernandes 7,321.83Ricardo José Minotti Cruz Filipe 7,321.83ENVIRONMENT ANDSUSTAINABILITY BOARDThe members of the Environment andSustainability Board are paid via attendance feesworth 1,750 euros per meeting. The remunerationpaid in 2012 to the members of the Environmentand Sustainability Board elected for the 2012-2014term of office:eurosFIXEDAugusto Carlos Serra Ventura Mateus 1,750.00Alberto Manuel Rosete da Ponte 1,750.00António José Tomás Gomes de Pinho 1,750.00José Manuel Viegas (1) 0.00(1) Declined paymentREMUNERATION COMMITTEEOF THE GENERAL MEETINGThe members of the Remuneration Committeeof the General Meeting elected for the 2012-2014 term of office received the followingremuneration in 2012:eurosFIXEDJosé Manuel Archer Galvão Teles 15,000.00Luís Eduardo Brito Freixial de Goes (as representativeof José de Mello - Sociedade Gestora de ParticipaçõesSociais, S.A.)10,000.00Álvaro João Duarte Pinto Correia 10,000.00II.32. Remunerationstructure: alignmentwith company’slong-term interestsAs set out in the remuneration policy described inChapter II.30, remuneration is structured so asto allow alignment of the interests of the membersof the Executive Board of Directors with thecompany’s long-term interests.The time period considered when determining themulti-annual variable component of remuneration(three years), the use of qualitative criteria aimedat a medium-term strategic perspective in thecompany’s development, the existenceof a cap on variable remuneration and the relativeweight of this component in the overall amountof remuneration are decisive factors that fostera company management performance that doesnot focus only on short-term goals but includesthe company’s and shareholders’ medium- andlong-term interests in its performance.II.33. Remunerationof executive directorsa) Reference to the fact that the remuneration ofthe directors includes a variable componentand information about the way in which thiscomponent depends on performance evaluationSee Chapter II.30, II.31 and II.32.b) Indication of the company bodies with powersto assess the performance of the executivedirectorsSee Chapter II.30.c) Indication of the predefined criteria for assessingthe performance of the executive directorsSee Chapter II.30.d) Explanation of the relative importance of thevariable and fixed components of the directors’remuneration and an indication of the caps oneach componentSee Chapter II.30.e) Indication of the deferment of payment of thevariable component of remuneration and theperiod in questionSee Chapter II.30 and II.32.f) Explanation of how payment of the variableremuneration is subject to the company’songoing positive performance during thedeferment periodSee Chapter II.30 and II.32.g) Sufficient information on the criteria for awardingvariable remuneration in shares and maintenanceby the executive directors of the companyshares that they have received, any contractpertaining to these shares, such as hedgingor risk-transfer contracts, and its limit and itsrelationship to the total annual remunerationThe members of the Executive Board of Directorsdo not own company shares under variableremuneration schemes.h) Sufficient information on the criteria forawarding variable remuneration in options,the deferment period and option priceEDP does not have schemes for variableremuneration in options.i) Indication of the main parameters and basesfor any annual bonus schemes and any othernon-monetary benefitsThe directors’ remuneration does not include anyrelevant non-monetary benefits.j) Remuneration paid in the form of profit sharingand/or bonuses and reasons for these bonusesor profit sharingA World Full Of Energy