Universal Registration Document 2021

Chapter 3. Governance and compensation

The variable compensation in respect of the organic growth criterion may only be paid upon the achievement of the Commitment. A stretch objective beyond the Commitment up to the Target makes it possible to reward an even more demanding level of performance, while remaining within the limit of the ceiling set for this criterion.

  • five quantifiable individual financial and non-financial criteria, in line with main areas of responsibility, accounting for 70% of variable compensation:
  Weight of the criteria Acquisition scale
Individual quantifiable financial and non-financial criteria In % In € Level of achievement of the Performance (P) % acquired
Audit (execution of the plan validated by the Audit Committee) Target: 
  • number of missions completed in 2021
15% €90,000

P ≥ 100 % of the target

P ≥ 80 % of the target

P < 80 % of the target

100% Straight-line acquisition 0%
Procurement Annual savings target 15% €90,000

P ≥ 100% of the target

P ≥ 80% of the target

P < 80% of the target

100% Straight-line acquisition0%
Employee expenses Objective : achievement of the Target validated by the Supervisory Board in March 2021 10% €60,000 P ≥ Target 100%
Legal

Target:

  • number of employees trained in Compliance
  • positive financial impact of the legal department on litigation
10% €60,000 P ≥ Target 100%
CSR 20% €120,000    
  • Diversity, Equality and Inclusion: the trajectory aims for 45% women among key executives in 2025 with an indicative checkpoint of 41% at the end of 2021
10% €60,000 Indicative checkpoint 100%
  • Combating climate change: the trajectory aims for 100% of energy from direct renewable sources by 2030 with an indicative checkpoint of around +8% at the end of 2021 compared to 2020
10% €60,000 Indicative checkpoint 100%
Total (financial and non-financial criteria) 100% 600,000
   
Results - Criteria linked to the financial performance of Publicis Groupe
Objectives Results Objective achievement level Amount of variable compensation to be paid
Organic growth

Organic growth

Results

Growth of 10.0% > the Target adopted in March 2021

Organic growth

Objective achievement level

Achieved

Organic growth

Amount of variable compensation to be paid

€90,000

Operating margin

Operating margin

Results

With an operating margin of 17.5%, Publicis Groupe is number one in its peer group.

Operating margin

Objective achievement level

Achieved

Operating margin

Amount of variable compensation to be paid

€90,000