Corporate governance

The Board of Directors functions as the Company's control and oversight body, and is exclusively responsible for matters such as corporate governance, corporate responsibility, dividend policy, management objectives and annual budgets, investment policy and financing, among others.

Good governance

In terms of Corporate Responsibility, the key aspects of the good governance of the company are:

  • Commitment on behalf of management.
  • Transversality, as a basic element for the full integration of CR at all levels of the organisation.
  • Transparency and effective dialogue with stakeholders, as essential elements to building relations of trust that bring value and provide a stimulus to economic, environmental and social progress.
  • Risk management and regulation compliance.
  • The principles of ethics and corporate responsibility.

Indicators (2016)

Ethics and integrity

Aena’s Code of Conduct specifically cites the principles that guide those people bound by it in their actions:

  • Legality. The overriding and inexcusable respect for and obligation of compliance with the law in force as well as Aena’s internal regulations applicable to the professional functions and responsibilities of those bound by this code.
  • Integrity, honesty and trust. These are Aena’s firm beliefs. Anyone bound by the Code must be honest and trustworthy in their professional work and the negotiations they conduct, ensuring at all times that they are not influenced by motivations, considerations or interest –whether personal or of third parties–, which could potentially lead to a conflict of interests or illegal or inappropriate behaviour.
  • Independence and transparency. All people bound by this Code will act impartially at all times, maintaining independent criteria separate from any external pressure or particular interest. Aena does not interfere or participate in political processes. Nor does it make direct or indirect contributions to political parties, organisations or associations, or their representatives or candidates; or to media professionals.
  • Excellence and quality in meeting our stakeholders’ expectations. Our professionals fulfil their functions with due diligence, providing a secure quality service geared at meeting our stakeholders' expectations as a main way of ensuring excellent results and a sustainable evolution of society in the short-, medium- and long-term.
  • Respect for the Aena's image and reputation. Placing maximum and due care in preserving the image and reputation of the company in all of its professional activities, including public interventions.

Diversity

Aena is committed to diversity. The Appointments and Remuneration Committee is responsible for setting a goal for gender representation, providing recommendations on how to reach it and informing the Board on matters relating to diversity.

Compensation of senior positions

2016

In compliance with Article 8.1.f. of Law 19/2013, of 9 December, we inform that the whole amount received by Chairman-Chief Executive Officer of Aena S.A. in the financial year 2016 rose to €166,085.62.

In 2016 there has been a remuneration increase of 1 per cent in respect of the amount received in 2015, in accordance with the provisions of the Law on General State Budgets for the public sector. In addition, in 2016, the remaining 49.73% of the extra payment discounted in 2012 was returned.

2015

In compliance with Article 8.1.f. of Law 19/2013, of 9 December, we inform that the gross salary received by Chairman-Chief Executive Officer of Aena S.A. in the financial year 2015, for all items, rose to €163,977.00*.

* The difference from last year is due to the return of 50,27% of the amount deducted in 2012 for extra pay.

2014

In compliance with Article 8.1.f. of Law 19/2013, of 9 December, we inform that the gross salary received by Aena's General Manager-Chairman (currently ENAIRE) and the Chairman-Chief Executive Officer of Aena Aeropuertos, S.A. (currently Aena) in the financial year 2014, for all items, rose to €158,579.03.

2013

In compliance with Article 8.1.f. of Law 19/2013, of 9 December, we inform that the gross salary received by Aena's General Manager-Chairman (currently ENAIRE) and the Chairman-Chief Executive Officer of Aena Aeropuertos, S.A. (currently Aena) in the financial year 2013, for all items, rose to €159,545.90.