2020 Annual Financial Report

Chapter 3 : Governance and compensation

/Table 1 (AMF nomenclature) compensation summary table in respect of the compensation and the options and shares granted to each executive corporate officer (in euros)
 

2020

2019

Management Board

Management Board

2020

 

Management Board

2019

 

Arthur Sadoun, Chairman of the Management Board

Arthur Sadoun, Chairman of the Management Board

2020

 

Arthur Sadoun, Chairman of the Management Board

2019

 

Compensation awarded for the financial year(1)

Compensation awarded for the financial year(1)

2020

3,000,000

Compensation awarded for the financial year(1)

2019

2,400,000

Valuation of multi-year variable compensation granted during the financial year

Valuation of multi-year variable compensation granted during the financial year

2020

-

Valuation of multi-year variable compensation granted during the financial year

2019

-

Valuation of options granted during the financial year

Valuation of options granted during the financial year

2020

-

Valuation of options granted during the financial year

2019

-

Maximum annual valuation of performance shares granted during the financial year(3)

Maximum annual valuation of performance shares granted during the financial year(3)

2020

865,800

Maximum annual valuation of performance shares granted during the financial year(3)

2019

865,800

Valuation of other long-term compensation plans

Valuation of other long-term compensation plans

2020

-

Valuation of other long-term compensation plans

2019

-

Total

Total

2020

3,865,800

Total

2019

3,265,800

Jean-Michel Etienne, Executive Vice-President – Groupe Finance

Jean-Michel Etienne, Executive Vice-President – Groupe Finance

2020

 

Jean-Michel Etienne, Executive Vice-President – Groupe Finance

2019

 

Compensation awarded for the financial year(1)

Compensation awarded for the financial year(1)

2020

1,618,000

Compensation awarded for the financial year(1)

2019

1,512,000

Valuation of multi-year variable compensation granted during the financial year

Valuation of multi-year variable compensation granted during the financial year

2020

-

Valuation of multi-year variable compensation granted during the financial year

2019

-

Valuation of options granted during the year

Valuation of options granted during the year

2020

-

Valuation of options granted during the year

2019

-

Maximum annual valuation of performance shares granted during the financial year(3)

Maximum annual valuation of performance shares granted during the financial year(3)

2020

577,200

Maximum annual valuation of performance shares granted during the financial year(3)

2019

577,200

Valuation of other long-term compensation plans

Valuation of other long-term compensation plans

2020

-

Valuation of other long-term compensation plans

2019

-

Total

Total

2020

2,195,200

Total

2019

2,089,200

Anne-Gabrielle Heilbronner, Secretary General

Anne-Gabrielle Heilbronner, Secretary General

2020

 

Anne-Gabrielle Heilbronner, Secretary General

2019

 

Compensation awarded for the financial year(1)

Compensation awarded for the financial year(1)

2020

1,212,357

Compensation awarded for the financial year(1)

2019

1,080,000

Valuation of multi-year variable compensation granted during the financial year

Valuation of multi-year variable compensation granted during the financial year

2020

-

Valuation of multi-year variable compensation granted during the financial year

2019

-

Valuation of options granted during the year

Valuation of options granted during the year

2020

-

Valuation of options granted during the year

2019

-

Maximum annual valuation of performance shares granted during the financial year(3)

Maximum annual valuation of performance shares granted during the financial year(3)

2020

288,600

Maximum annual valuation of performance shares granted during the financial year(3)

2019

288,600

Valuation of other long-term compensation plans

Valuation of other long-term compensation plans

2020

-

Valuation of other long-term compensation plans

2019

-

Total

Total

2020

1,500,957

Total

2019

1,368,600

Steve King, member of the Management Board

Steve King, member of the Management Board

2020

 

Steve King, member of the Management Board

2019

 

Compensation awarded for the financial year(1)(2)

Compensation awarded for the financial year(1)(2)

2020

2,686,861

Compensation awarded for the financial year(1)(2)

2019

2,175,807

Valuation of multi-year variable compensation granted during the financial year

Valuation of multi-year variable compensation granted during the financial year

2020

-

Valuation of multi-year variable compensation granted during the financial year

2019

-

Valuation of options granted during the year

Valuation of options granted during the year

2020

-

Valuation of options granted during the year

2019

-

Valuation of other long-term compensation plans

Valuation of other long-term compensation plans

2020

-

Valuation of other long-term compensation plans

2019

-

Maximum annual valuation of performance shares granted during the financial year(3)

Maximum annual valuation of performance shares granted during the financial year(3)

2020

721,500

Maximum annual valuation of performance shares granted during the financial year(3)

2019

721,500

Total

Total

2020

3,408,361

Total

2019

2,897,307

(1) See details in Table 2.

(2) Compensation determined and paid in pounds sterling. The conversion into euros was carried out at the average rate of 1 pound sterling = euro 1.12541 in 2020.

(3) Maximum annual amount under the LTIP 2019-2021 Directoire for 2019 and for 2020. The LTIP 2019-2021 Directoire is a three-year plan subject to continued employment and performance conditions. As an illustration, the rates at which performance conditions were met under the preceding plans i.e. LionLead3 and LTIP 2016-2018, were 75% and 50%, respectively. The LTIP 2019-2021 Directoire plan covers the 2019, 2020 and 2021 financial years.