Total compensation paid to directors and top managers in 2010 is given below pursuant to IAS 24 and to the circular no. 262 issued by Banca d'Italia on December 22, 2005 (and updated on November 18, 2009) requiring that also the Statutory Auditors' compensation be included.
| Year 2010 | Year 2009 | |
| a) Short term benefits | 27,363 | 38,799 |
| b) Post retirement benefits | 2,270 | 3,248 |
| of which under defined benefit plans | - | 264 |
| of which under defined contribution plans | 2,270 | 2,984 |
| c) Other long term benefits | 49 | 85 |
| d) Termination benefits | 51,165 | 8,687 |
| e) Share-based payment | 7,776 | 20,710 |
| Total | 88,623 | 71,529 |
Compensation paid to Directors (€46,686), Statutory Auditors (€1,154), the General Manager (€326) and other Managers with strategic responsibility (€25,897) as shown in the schedule required by CONSOB, pursuant to art. 78 of the Issuer Rules, in the Accounts of UniCredit S.p.A., and €14,560 relating to other costs borne in 2010 (the company share of social security contributions, allocations to severance pay funds and share-based payments using UniCredit and its subsidiaries' equity instruments).
2010 data are not totally comparable to the 2009 ones, due to a different configuration of the area in scope of the reporting.
The increase in costs year on year is almost entirely due to termination benefits, for their details please refer the notes at the bottom of the table "Remuneration paid to Directors, Statutory Auditors and Key Management Personnel" of UniCredit S.p.A. Individual Reports.