In accordance with article L. 22-10-34 (II) of the French Commercial Code, the General Shareholders’ Meeting must vote on the fixed, variable and extraordinary items of total compensation and benefits of any kind paid during the past financial year or awarded for that financial year to the Chairman of the Supervisory Board.
The General Shareholders’ Meeting of May 25, 2022 will thus be asked to vote on the items of compensation paid or awarded in respect of the 2021 financial year to Maurice Lévy, Chairman of the Supervisory Board, as set out below. These elements comply with the compensation policy for the Chairman of the Supervisory Board for the 2021 financial year presented in Section 3.2.1.3 of the Publicis Groupe SA 2020 Universal Registration Document as approved (87.04% positive votes) by the General Shareholders’ Meeting of May 26, 2021 in its ninth resolution.
The items of compensation for the Chairman of the Supervisory Board were approved by the previous General Shareholders’ Meeting; items of compensation paid from June 1, 2019 to the Chairman of the Board reflect his decision to waive one-third of his previous compensation while taking into account the vote of the Meeting and his decision to reduce his annual compensation by 30% as of June 1, 2020 in the exceptional context of the Covid-19 pandemic.
It should be noted that the variable and extraordinary items of compensation are subject to the approval of the General Shareholders’ Meeting in accordance with the provisions of article L. 22-10-34 (II) paragraph 2 of the French Commercial Code.
Items within the total compensation and benefits of any kind paid during the past financial year or awarded with respect to the same financial year to Maurice Lévy, Chairman of the Supervisory Board, are subject to the approval of the General Shareholders’ Meeting of May 25, 2022 in its twelfth resolution pursuant to article L. 22-10-34 (II) of the French Commercial Code.
