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Directors and Auditors compensation

Compensation to non-executive directors and statutory auditors


The remuneration of non-Executive Directors and members of the Board of Statutory Auditors of UniCredit is:

  • represented by a fixed component only
  • determined on the basis of the importance of the position and the time required for the performance of the tasks assigned.


The compensation paid to non-Executive Directors and members of the Board of Statutory Auditors is not linked to the economic results achieved by the Group and they do not take part in any incentive plans based on stock options or, generally, based on financial instruments.


Chief Executive Officer's compensation


The Chief Executive Officer is the only executive director on the Board and an employee of the company. For 2024, the CEO's fixed remuneration has been reviewed at €3.60 million, with total target remuneration set at €8.6 million, and room to reward over-performance to a maximum of €10.80 million, based on performance achievements according to 2024 Group Incentive System rules.

Compensation paid for the year 2023


The Annex 1 to the 2024 Group Remuneration Policy and Report contains the compensation paid to members of the administrative and auditing bodies.


Updated on 12 March 2024.