Half-Year Financial Report - For the Six Months Ended June 30, 2020

/ Movements in Publicis Groupe free share plans in first-half 2020

	First-half 2020
Shares yet to vest as of January 1, 2020	Shares yet to vest as of January 1, 2020 First-half 2020 4,595,712
New grants made during first half of the year	New grants made during first half of the year First-half 2020 585,503
Grants vesting (deliveries)	Grants vesting (deliveries) First-half 2020 (1,325,076)
Grants lapsed	Grants lapsed First-half 2020 (508,412)
Shares yet to vest as of June 30, 2020	Shares yet to vest as of June 30, 2020 First-half 2020 3,347,727

/ Fair value of free Publicis Groupe shares granted in first-half 2020

Free shares	Sapient 2020 (4 years)	Sapient 2020 (3 years)⁽¹⁾
Date of Management Board Meeting	Date of Management Board Meeting Sapient 2020 (4 years) 05/19/2020	Date of Management Board Meeting Sapient 2020 (3 years)⁽¹⁾ 05/19/2020
Number of shares originally granted	Number of shares originally granted Sapient 2020 (4 years) 240,208	Number of shares originally granted Sapient 2020 (3 years)⁽¹⁾ 345,295
Initial valuation of shares granted (weighted average, in euros)	Initial valuation of shares granted (weighted average, in euros) Sapient 2020 (4 years) 22.18	Initial valuation of shares granted (weighted average, in euros) Sapient 2020 (3 years)⁽¹⁾ 21.35
Share price on the grant date (in euros)	Share price on the grant date (in euros) Sapient 2020 (4 years) 26.00	Share price on the grant date (in euros) Sapient 2020 (3 years)⁽¹⁾ 26.00
Vesting period (in years)	Vesting period (in years) Sapient 2020 (4 years) 1 to 4	Vesting period (in years) Sapient 2020 (3 years)⁽¹⁾ 3

(1) Conditional shares for which vesting is subject to the achievement of targets set for the years 2020 to 2022.

Effect of share subscription or purchase option plans and free share plans on profit (loss)

The total impact of these plans on the 2020 interim income statement was euro 28 million (excluding taxes and social security charges) compared to euro 37 million for first-half 2019.

With regard to the free share plans granted subject to performance conditions, and for which performances have not yet been definitively measured as of June 30, 2020, the probability of the targets set in respect of the financial statements for the first half of 2020 being met has been estimated as follows:

▶ for performance plans measured over a one-year period, in respect of 2020 performance:
- Sapient 2018, 2019 and 2020 performance plans: 100%,
- 2019-2021 Epsilon Replacement Plan: 100%,
- 2019 Special Retention Plan: 100%;
▶ for performance plans measured over a three-year period, in respect of the three-year period performance :
- LTIP 2019-2021 Directoire Plan: 100%.

Note 20 Related-party disclosures

No related-party transactions were entered into in the first half of 2020.

Note 21 Subsequent events

No subsequent events were identified.