Flight cancellation or change of schedule?

You are NOT entitled to compensation if:

–    You were informed about the cancellation at least 14 days before the departure.
–    You were informed about the cancellation between 7 and 14 days before the departure and you were offered an alternative flight that takes off within 1 hour before the original departure time and arrives not later than 2 hours after the original arrival time.
–    You were informed about the cancellation less than 7 days before the departure and you were offered an alternative flight that takes off not earlier than 2 hours before your original departure time and arrives not later than 4 hours after the original arrival time.

How much compensation are you entitled to?