| Chairman and Chief Executive Officer * | Employment contract |
Supplementary pension plan |
Remuneration or benefits due or liable to be due for termination or modification of duties |
Non-competition clause compensation |
|---|---|---|---|---|
| Jean-Bernard Lévy, Chairman and Chief Executive Officer |
Jean-Bernard Lévy, Chairman and Chief Executive Officer Employment contract no |
Jean-Bernard Lévy, Chairman and Chief Executive Officer Supplementary pension plan no |
Jean-Bernard Lévy, Chairman and Chief Executive Officer Remuneration or benefits due or liable to be due for termination or modification of duties no |
Jean-Bernard Lévy, Chairman and Chief Executive Officer Non-competition clause compensationno |
* Table 11 of AMF position-recommendation no. 2009-16.
The Shareholders’ Meeting convened on 6 May 2021 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 2021.
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 2020 and 2021 or allocated for these 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 2020 and 2021 fiscal years and paid during the 2020 and 2021 fiscal years to the members of the Board of Directors for their terms of office, in accordance with Article L. 225-45 and Article L. 22-10-14 of the French Commercial Code.
| 2021 fiscal year | 2020 fiscal year | |||
|---|---|---|---|---|
|
Directors whose terms of office are ongoing as at 31 December 2021 |
Remuneration granted for the fiscal year 2021 (1) | Remuneration paid during the fiscal year 2021 (2) | Remuneration granted for the fiscal year 2020 (1) | Remuneration paid during the fiscal year 2020 (2) |
| Véronique Bédague-Hamilius | 31,436 | 37,857 | 37,857 | 10,761 |
| Nathalie Collin (3) | 19,205 | 0 | n/a | n/a |
| Bruno Crémel | 40,149 | 40,000 | 40,000 | 34,628 |
| François Delattre | 35,792 | 35,000 | 35,000 | 28,191 |
| Gilles Denoyel | 41,238 | 40,714 | 40,714 | 34,628 |
| Marie-Christine Lepetit | 46,139 | 44,286 | 44,286 | 45,745 |
| Jean-Bernard Lévy | n/a | n/a | n/a | n/a |
| Colette Lewiner | 46,139 | 47,143 | 47,143 | 51,011 |
| Claire Pedini | 43,960 | 45,000 | 45,000 | 44,574 |
| Philippe Petitcolin | 39,059 | 33,571 | 33,571 | 28,191 |
| Michèle Rousseau | 39,604 | 38,571 | 38,571 | 37,553 |
| Martin Vial | 40,149 | 39,286 | 39,286 | 39,309 |
| TOTAL (in euros) | 422,870 | 401,428 | 401,428 | 354,591 |
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) Director whose term of office began during the fiscal year 2021.
| 2021 fiscal year | 2020 fiscal year | |||
|---|---|---|---|---|
| Directors whose term of office expired during the 2021 fiscal year | Remuneration granted for the fiscal year2021 (1) | Remuneration paid during the fiscal year 2021 (2) | Remuneration granted for the fiscal year202 (3) | Remuneration paid during the fiscal year 2020 (4) |
| Laurence Parisot | 12,924 | 35,505 | 38,571 | 35,213 |
| TOTAL (in euros) | 12,924 | 35,505 | 38,571 | 35 213 |
n/a : non applicable.
(1) Payments mad in 2021 include the fixed portion for the 2021 fiscal year, determined pro rata to the term of office in the 2021 fiscal year, as well as the variable portion for the 2021 fiscal year.
(2) Payments made in 2021 include 50% of the fixed portion and the entirety of the variable portion for the 2020 fiscal year, as well as the fixed portion due in respect of 2021 determined pro rata to the term of office in the 2021 fiscal year.
(3) The remuneration allocated for a fiscal year includes the entirety of the fixed portion and the variable portion due for the fiscal year.
(4) 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.
The Company has not implemented any stock options plans and the corporate officers receive no allocation of bonus shares (1).
(1) With the exception of any Directors elected by the employees who may benefit from the systems implemented by the Company for the benefit of all its employees.
