MERLIN Properties Annual Report 2022

118 | Annual report | 2022 The gap in 2021 and 2022 was 69% and 68%, respectively, considering for their calculation average salary remunerations composed of base salary and variable salary and including Executive Directors. The salary gap for the Directors category is not reported as there is only one woman in this category. The underlying cause of the salary gap in certain categories is due to the lower presence of women in the workforce, a common situation in the real estate sector, which is accentuated in management and technical positions. To try to mitigate this reality, MERLIN is working in the areas presented and registered in the Equality Plan. Organisation of work MERLIN uses the collective bargaining agreement to determine the length of the annual working time, which is 1,765 hours for full-time employees. The Company’s working hours are from 9am to 2pm and from 4pm to 7pm from Monday to Friday. Employees have 23 working days of holiday leave and the Company adds extra days onto public holidays to comply with the total number of hours established in the collective agreement. At MERLIN, all employees who meet the conditions set out in the Workers’ Statute (Estatuto de los Trabajadores) are eligible for reduced working hours. There are currently 7 employees with reduced working hours, 2 of whom are men. Average remuneration of non-executive directors, including attendance fees and any other compensation broken down by gender (no variable remuneration or termination benefits). ORGANISATION OF WORK REMUNERATION OF NON-EXECUTIVE DIRECTORS Average remuneration of non-executive directors by gender (€) 2021 2022 Men 152 166 Women 167 179