Our governance model incorporates international best practices
At Tecnicas Reunidas we have an efficient Corporate Governance model, under continuous review and improvement, which provides credibility and confidence to our stakeholders. Our model is based on the applicable regulations and the most demanding Corporate Governance recommendations for listed companies.
Our Sustainability and Corporate Governance system aims to meet the needs of each of our stakeholders. We stand out among our competitors as an innovative and sustainable company.
Governing bodies
The governance of Tecnicas Reunidas is managed through the following governing bodies:
Annual Corporate Governance Report
The Annual Corporate Governance Report contains complete information audited by a third party on the Company’s Corporate Governance structure and practices, and aims to inform all our stakeholders about our progress in this field.
This report promotes transparency so that the market, investors and stakeholders can get an accurate picture of the Company.
ANNUAL CORPORATE GOVERNANCE REPORTS
Remuneration and performance model
The general principles of Tecnicas Reunidas Board of Directors’ remuneration model are laid out in the 2023-2025 Remuneration Policy and consist of a fixed, variable, annual and multi-annual component.
The Executive Chairperson’s variable compensation is partially linked to Sustainability criteria such as Environment, Safety and Health.
The implementation of the Directors’ Remuneration Policy is disclosed annually in the Annual Directors’ Remuneration Report.
ANNUAL DIRECTORS’ REMUNERATION REPORT
Annual Shareholders’ Meeting
At this annual meeting, new terms for the Company are proposed and important decisions are made regarding the management and operation of the Company. These meetings are a fundamental component of Corporate Governance and also provide shareholders with the opportunity to exercise their rights and responsibilities in the Company.
This is a fundamental control mechanism as shareholders are given the opportunity to influence the direction and course of the Company.
Corporate governance documents:
