Universal Registration Document 2021

Chapter 3. Governance and compensation

Items of compensation subject to approval Amounts paid in respect of the past financial year Amounts awarded in respect of the past financial year or accounting valuation Presentation
Other benefits

Other benefits

Amounts paid in respect of the past financial year

-

Other benefits

Amounts awarded in respect of the past financial year or accounting valuation

-

Other benefits

Presentation

N/A

Indemnities when taking or leaving a function

Indemnities when taking or leaving a function

Amounts paid in respect of the past financial year

-

Indemnities when taking or leaving a function

Amounts awarded in respect of the past financial year or accounting valuation

-

Indemnities when taking or leaving a function

Presentation

No sum was awarded with respect to the past financial year. The severance payment described in Section 3.2.1.5 of this document that may be paid to Arthur Sadoun equates to one year’s total gross compensation (fixed part and variable part paid) calculated on the average of the last 24 months of compensation, subject to performance conditions,

i.e.

an estimated amount of

euro 2,625,000.
Non-compete agreement

Non-compete agreement

Amounts paid in respect of the past financial year

-

Non-compete agreement

Amounts awarded in respect of the past financial year or accounting valuation

-

Non-compete agreement

Presentation

No sum was awarded with respect to the past financial year. The non-compete payment described in Section 3.2.1.5 that may be paid to Arthur Sadoun is equivalent to two years of total gross compensation (fixed part and target variable part) calculated on the average of the last 24 months of compensation,

i.e.

an estimated amount of

euro 6,000,000

(non-cumulative with a severance payment).

Supplementary pension plan

Supplementary pension plan

Amounts paid in respect of the past financial year

-

Supplementary pension plan

Amounts awarded in respect of the past financial year or accounting valuation

-

Supplementary pension plan

Presentation

N/A

Collective health and welfare insurance plans

Collective health and welfare insurance plans

Amounts paid in respect of the past financial year

4,654

Collective health and welfare insurance plans

Amounts awarded in respect of the past financial year or accounting valuation

4,654

Collective health and welfare insurance plans

Presentation

This is the employer’s contribution to the collective health and welfare insurance plans

Employment contract

Employment contract

Amounts paid in respect of the past financial year

Non

Employment contract

Amounts awarded in respect of the past financial year or accounting valuation

Non

Employment contract

Presentation

N/A

Compensation by the company(ies) within the scope of consolidation as per article L. 233-16 of the French Commercial Code

Compensation by the company(ies) within the scope of consolidation as per article L. 233-16 of the French Commercial Code

Amounts paid in respect of the past financial year

-

Compensation by the company(ies) within the scope of consolidation as per article L. 233-16 of the French Commercial Code

Amounts awarded in respect of the past financial year or accounting valuation

-

Compensation by the company(ies) within the scope of consolidation as per article L. 233-16 of the French Commercial Code

Presentation

N/A

(1) See details in Table 6. In accordance with the Company’s usual practice, performance share plans that are awarded every three years are broken down in thirds over the three years in which the performance is assessed.