Línea Directa Aseguradora Overhauls Director Pay Policy After Strong Shareholder Backing

Linea Directa Aseguradora SA ( (ES:LDA) ) has shared an announcement.

Línea Directa Aseguradora has secured shareholder approval, with 99.4% of votes in favour, for a new directors’ remuneration policy covering 2025 through 2028, setting the framework for both non‑executive and executive pay. The policy formalizes procedures for the Board and its Appointments, Remuneration and Corporate Governance Committee to propose, assess and approve individual director pay, link compensation to roles and responsibilities, and allow limited temporary exceptions, reinforcing governance standards and alignment with employee conditions and long‑term corporate strategy.

The Board of Directors retains authority to set individual remuneration within a shareholder‑approved annual cap, differentiating pay based on committee memberships, attendance and executive duties. By systematizing the involvement of the CNRGC in designing senior management pay and director contracts, the company aims to enhance transparency, ensure consistency with market practices among comparable firms, and strengthen its positioning on corporate governance for investors and other stakeholders.

The most recent analyst rating on (ES:LDA) stock is a Buy with a EUR1.35 price target. To see the full list of analyst forecasts on Linea Directa Aseguradora SA stock, see the ES:LDA Stock Forecast page.

More about Linea Directa Aseguradora SA

Línea Directa Aseguradora, S.A., Compañía de Seguros y Reaseguros is a Spanish listed insurer based in Tres Cantos, Madrid. The company operates in the insurance and reinsurance sector, focusing on retail customers and aligning its governance and pay structures with long‑term strategy and sustainability objectives.

Average Trading Volume: 627,005

Technical Sentiment Signal: Buy

Current Market Cap: €1.24B

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