Company: GIFLF
Filing Date: 2025-04-11
Form Type: 20-F
Source: 0001104659-25-034245
Chunk: 227

Company: Grifols SA
Filing Date: 2025-04-11
Form: 20-F
Item: Item 6
Chunk 227
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Other Members of Senior Management
In 2024, members of our senior management (excluding those who also served as members of the Board) accrued compensation amounting to €13.7 million, in the aggregate. This figure includes accruals for contingent or deferred compensation earned in respect of 2024 service. In 2023, members of our senior management (excluding those who also served as members of the Board) accrued compensation amounting to €23.7 million, in the aggregate. This figure includes accruals for contingent or deferred compensation earned in respect of 2023 service. In 2022, members of our senior management (excluding those who also served as members of the Board) were paid compensation amounting to €13.9 million in the aggregate. This figure includes accruals for contingent or deferred compensation earned in respect of 2022 service. 
The breakdown of the aggregate amount paid to our senior management (excluding those who also served as members of the Board) for discharging their duties in the years ended December 31, 2024, 2023 and 2022 is set forth in the table below.

                   ​                      ​        ​        ​         ​         ​         ​    
-----------------------------------------------------------------------------------------------
​                                         ​    Amount paid in the year                         
​                                         ​    ended December 31,                              
Component                                 2024             2023                2022            
​                                         ​    (in euros)                                      
Salaries                                       7,930,417          14,567,449          8,489,991
Variable Compensation                          5,745,949          9,131,372           5,400,772
Stock options or other securities              —                  —                   —        
Other — e.g., life and health insurance        28,586             34,864              68,301   
Other — e.g., pensions/savings                 31,778             30,776              124,677  
​

142

Executive Compensation Clawback Policy
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On October 26, 2022, the SEC amended Rule 10D-1 and other rules under Section 10D of the Exchange Act to implement the incentive-based compensation recovery provision, referred to as the “clawback” provision, of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Clawback Rules”). The Clawback Rules required national securities exchanges (such as NASDAQ) to adopt listing standards under which issuers must implement and enforce policies that