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Santander will further link Botn and Álvarez’s bonus to the course of action

Ana Botn, president of Santander, and José Antonio Álvarez, group CEO.

  • Ana Botn earns 12.28 million euros in 2021

The bank will modify the regulations to reduce the speaking time of shareholders at the meeting to three minutes, a time it considers “sufficient”.

Santander is modifying its executive compensation scheme to increase its exposure to the direction of the stock market and further direct its efforts to achieve a rise in the stock, one of its main objectives. Currently, it is trading around 3 euros.

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