XML 314 R295.htm IDEA: XBRL DOCUMENT v3.25.0.1
Appendix II: Board and Senior Management Compensation - Narrative (Details)
1 Months Ended 12 Months Ended
Jan. 01, 2024
shares
Jan. 01, 2022
€ / shares
Jan. 01, 2021
May 31, 2016
EUR (€)
Dec. 31, 2024
EUR (€)
shares
yr
Dec. 31, 2023
shares
Dec. 31, 2022
FCF objective              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Weighted-average payment coefficient (as a percent)         40.00% 40.00% 40.00%
Second cycle | PSP - Second Cycle / 2022-2024              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Weighted-average payment coefficient (as a percent)   100.00% 100.00%        
No. of shares assigned (shares) | shares 1,740,000            
Second cycle | FCF objective | PSP - Second Cycle / 2022-2024              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Fair value of shares assigned (EUR per share) | € / shares   € 2.9515          
Second cycle | TSR objective | PSP - Second Cycle / 2022-2024              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Fair value of shares assigned (EUR per share) | € / shares   2.4316          
Second cycle | CO2 Emission Neutralisation And Reduction target | PSP - Second Cycle / 2022-2024              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Fair value of shares assigned (EUR per share) | € / shares   € 2.9515          
Directors              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Delivery percent (free cash flow generation, maximum compliance, in percentage)         40.00%    
Delivery percent (CO2 emissions neutralization, maximum compliance)         10.00%    
Proportion of free cash flow generation minimum threshold of compliance (as a percent)         90.00%    
Proportion of free cash flow generation minimum compliance (as a percent)         20.00%    
Proportion of free cash flow generation maximum threshold of compliance (as a percent)         100.00%    
Proportion of carbon dioxide emission neutralization minimum threshold of compliance (as a percent)         90.00%    
Proportion of carbon dioxide emission neutralization minimum compliance (as a percent)         5.00%    
Proportion of carbon dioxide emission neutralization maximum threshold of compliance (as a percent)         100.00%    
Number of shares delivered under the plan to the Executive Directors and other Participants (in shares)         100.00%    
Holding period for shares delivered under Plan         2 years    
Number of years of gross fixed remuneration based on which the Directors need to maintain an amount of shares | yr         2    
Required holding period for Executive Directors         3 years    
Directors | PSP - Second Cycle / 2022-2024              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Delivery percent (fulfillment of TSR objective, in percentage)         33.60%    
Delivery percent (CO2 emissions neutralization, maximum compliance)         10.00%    
Proportion of free cash flow generation minimum threshold of compliance (as a percent)         40.00%    
Weighted payout ratio linked to TSR         50.00%    
Directors | PSP - First Cycle / 2024-2026              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Payout percentage in the event of over achievement         60.00%    
Directors | Third cycle | Performance Share Plan 2023-2025              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Delivery percent (fulfillment of TSR objective, in percentage)         50.00%    
Delivery percent (free cash flow generation, maximum compliance, in percentage)         40.00%    
Delivery percent (CO2 emissions neutralization, maximum compliance)         10.00%    
Delivery percent (women in executive positions compliance, in percentage)         0.05    
Delivery percent (if within median of performance)         15.00%    
Delivery percent (if within third quartile of performance)         50.00%    
Senior Management (Excluding Board Directors)              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Accrued fixed compensation         € 8,528,820    
In-kind compensation         € 144,788    
Senior Management (Excluding Board Directors) | First cycle | PSP - First Cycle / 2024-2026              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Shares entitled (in shares) | shares         1,250,041    
Senior Management (Excluding Board Directors) | Second cycle | PSP - Second Cycle / 2022-2024              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Shares entitled (in shares) | shares           1,241,015  
Senior Management (Excluding Board Directors) | Third cycle | Performance Share Plan 2023-2025              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Shares entitled (in shares) | shares           1,378,418  
Mr. Santiago Fernandez Valbuena | Senior Management (Excluding Board Directors)              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Key management personnel compensation       € 947,676      
Mr. José María Álvarez-Pallete López              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Contributions         € 673,085    
Mr. José María Álvarez-Pallete López | PSP - Second Cycle / 2022-2024              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Shares entitled (in shares) | shares         995,000    
Mr. José María Álvarez-Pallete López | Directors              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Key management personnel compensation         € 5,442,811    
Mr. Ángel Vilá Boix              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Contributions         € 560,000    
Mr. Ángel Vilá Boix | PSP - Second Cycle / 2022-2024              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Shares entitled (in shares) | shares         745,000    
Mr. Ángel Vilá Boix | Directors              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Key management personnel compensation         € 4,063,383    
Benefits plan | Senior Management (Excluding Board Directors)              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Contributions         212,885    
Benefits plan | Mr. José María Álvarez-Pallete López              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Contributions         540,968    
Benefits plan | Mr. Ángel Vilá Boix              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Contributions         487,840    
Pension plans | Senior Management (Excluding Board Directors)              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Contributions         113,293    
Pension plans | Mr. José María Álvarez-Pallete López              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Contributions         7,574    
Pension plans | Mr. Ángel Vilá Boix              
Disclosure of terms and conditions of share-based payment arrangement [line items]              
Contributions         € 6,721