Provide any contextual information necessary to comprehend the remuneration metrics, including the pay gap and total remuneration, as required by Disclosure Requirement S1-16. Detail how the data has been compiled and any changes to the underlying data that should be considered.

Question

Accepted Answer

In 2024 a gender pay gap action plan has been successfully implemented to monitor and reduce overall and country pay gap, with a special focus in countries with gender pay gap >20%. This plan included the monthly follow up of gender pay gap evolution and the implementation of specific measures such as job levelling review of positions and allocation of gender pay gap reduction budget in the 2024 merit increase.

Cellnex

ESRS disclosure: S1-16_03

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