SUMMARY TABLE OF EMPLOYMENT CONTRACT, SUPPLEMENTARY PENSION, SEVERANCE PAYMENTS AND NON-COMPETITION CLAUSE – AMF TABLE AMF NO.11(1)
| Chairman and Chief Executive Officer | Employment contract | Supplementary pension plan | Compensation or benefits due or liable to be due for termination or modification of duties | Non-competition clause compensation |
|---|---|---|---|---|
| Jean-Bernard Lévy, Chairman & Chief Executive Officer | Jean-Bernard Lévy, Chairman & Chief Executive Officer Employment contract no | Jean-Bernard Lévy, Chairman & Chief Executive Officer Supplementary pension plan no | Jean-Bernard Lévy, Chairman & Chief Executive Officer Compensation or benefits due or liable to be due for termination or modification of duties no | Jean-Bernard Lévy, Chairman & Chief Executive Officer Non-competition clause compensation no |
(1) Table 11 of AMF position-recommendation no. 2009-16.
The Shareholders’ Meeting convened on 7 May 2020 approved, on the proposal of the Board of Directors, a fixed annual sum to be allocated to the directors as remuneration for their term of office of €440,000 for the fiscal year 2020.
The terms and conditions for allocating this amount, which are reviewed annually by the Board of Directors when the remuneration policy for corporate officers is approved, have remained unchanged since fiscal year 2011 (see details in section 4.6.1.2 “Remuneration policy applicable to Directors”).
Directors elected by employees, who do not receive remuneration for their duties as directors, receive fixed and/or variable remuneration under their employment contracts with the Company.
No exceptional remuneration or other remuneration was paid to the directors during fiscal year 2019 and 2020 or allocated for such fiscal years by the Company or by a company included in the Company’s scope of consolidation within the meaning of Article L. 233-16 of the French Commercial Code.
The tables below shows the gross amounts of remuneration allocated for the 2019 and 2020 fiscal years and paid during the 2019 and 2020 fiscal years to the members of the Board of Directors for their terms of office, in accordance with Articles
L. 225-45 and L. 22-10-14 of the French Commercial Code.
2020 fiscal year | 2019 fiscal year | |||
|---|---|---|---|---|
| Directors whose terms of office are ongoing on 31 December 2020 | Remuneration granted for the fiscal year 2020(1) | Remuneration paid during the fiscal year 2020(2) | Remuneration granted for the fiscal year 2019(1) | Remuneration paid during the fiscal year 2019(2) |
| Véronique Bédague-Hamilius (3) | Véronique Bédague-Hamilius (3)2020 fiscal year 37,857 | Véronique Bédague-Hamilius (3)2019 fiscal year 10,761 | 761 | n/a |
| Bruno Crémel(3) | Bruno Crémel (3)2020 fiscal year 40,000 | Bruno Crémel (3)2019 fiscal year 34,628 | 27,141 | 2,514 |
| François Delattre(3) | François Delattre (3)2020 fiscal year 35,000 | François Delattre (3)2019 fiscal year 28,191 | 18,330 | 138 |
| Gilles Denoyel (3) | Gilles Denoyel (3)2020 fiscal year 40,714 | Gilles Denoyel (3)2019 fiscal year 34,628 | 27,141 | 2,514 |
| Marie-Christine Lepetit | Marie-Christine Lepetit 2020 fiscal year 44,286 | Marie-Christine Lepetit 2019 fiscal year 45,745 | 45,745 | 46,258 |
| Jean-Bernard Lévy | Jean-Bernard Lévy 2020 fiscal year n/a | Jean-Bernard Lévy 2019 fiscal year n/a | n/a | n/a |
| Colette Lewiner | Colette Lewiner 2020 fiscal year 47,143 | Colette Lewiner 2019 fiscal year 51,011 | 51,011 | 49,806 |
| Laurence Parisot | Laurence Parisot 2020 fiscal year 38,571 | Laurence Parisot 2019 fiscal year 35,213 | 35,213 | 37,742 |
| Claire Pedini | Claire Pedini 2020 fiscal year 45,000 | Claire Pedini 2019 fiscal year 44,574 | 44,574 | 41,290 |
| Philippe Petitcolin(3) | Philippe Petitcolin (3)2020 fiscal year 33,571 | Philippe Petitcolin (3)2019 fiscal year 28,191 | 20,705 | 2,514 |
| Michèle Rousseau | Michèle Rousseau 2020 fiscal year 38,571 | Michèle Rousseau 2019 fiscal year 37,553 | 37,553 | 36,323 |
| Martin Vial | Martin Vial 2020 fiscal year 39,286 | Martin Vial 2019 fiscal year 39,309 | 39,309 | 39,161 |
TOTAL(IN EUROS) | TOTAL(IN EUROS) 2020 fiscal year 440,000 | TOTAL(IN EUROS) 2019 fiscal year 389,803 | 347,483 | 258,260 |
n/a: not applicable.
(1)The remuneration allocated for a fiscal year includes the entirety of the fixed portion and the variable portion due for the fiscal year.
(2)The payments made during a fiscal year include 50% of the fixed portion and the entirety of the variable portion for the preceding fiscal year and 50% of the fixed portion for the current fiscal year.
(3)Directors whose term of office began in fiscal year 2019.
