/Table 11 (AMF nomenclature) Other information concerning the executive corporate officers
| Executive corporate officers | Employment contract | Supplementary pension plan | Indemnities or benefits due or payable on cessation or change in functions | Indemnities under a non-compete clause |
|---|---|---|---|---|
Executive corporate officers Management Board | Employment contract
| Supplementary pension plan
| Indemnities or benefits due or payable on cessation or change in functions
| Indemnities under a non-compete clause
|
Executive corporate officers Arthur Sadoun, Chair | Employment contract No | Supplementary pension plan No | Indemnities or benefits due or payable on cessation or change in functions Yes(1) | Indemnities under a non-compete clause Yes(1) |
Executive corporate officers Jean-Michel Etienne | Employment contract Yes | Supplementary pension plan No | Indemnities or benefits due or payable on cessation or change in functions Yes(2) | Indemnities under a non-compete clause No |
Executive corporate officers Anne-Gabrielle Heilbronner | Employment contract Yes | Supplementary pension plan No | Indemnities or benefits due or payable on cessation or change in functions Yes(2) | Indemnities under a non-compete clause Yes(2) |
Executive corporate officers Steve King | Employment contract Yes | Supplementary pension plan Yes | Indemnities or benefits due or payable on cessation or change in functions Yes(2) | Indemnities under a non-compete clause Yes(2) |
(1) See Section 3.2.1.5 “Compensation policy for the Chair of the Management Board”.
(2) See Section 3.2.1.4 “Compensation policy for members of the Management Board”.
At December 31, 2019, no members of the Management Board and the Supervisory Board owned more than 1% of the Company’s shares, with the exception of Élisabeth Badinter and her children (6.95%), and Maurice Lévy, who owns directly or indirectly 4,669,246 shares, i.e. 1.94% of the Company’s capital, including 2,509,602 shares owned through a company belonging to Maurice Lévy and his family. As of December 31, 2019, the members of the Management Board and the Supervisory Board (with the exception of Élisabeth Badinter and her children) directly and indirectly owned 6,773,889 shares, i.e. 2.82% of the share capital of the Company, including 1.94% controlled by Maurice Lévy.
As of December 31, 2019, the members of the Management Board also owned 90,947 stock options, all of which are exercisable. The weighted average exercise price of the options is euro 52.76 per share with these options expiring in 2023 (see Note 30 to the consolidated financial statements in Section 6.6).
The following table shows the interest of each corporate officer in the share capital of the Company at December 31, 2019 by the number of shares and voting rights, as well as the number of shares that each corporate officer has the right to acquire through the exercise of new stock subscription options and existing stock purchase options.
