| Objectives & Results | Objective achievement level | Amount of variable compensation to be paid |
|---|---|---|
| Audit (execution of the plan validated by the Audit Committee) The target was exceeded with 69 missions carried out in 2021 beyond the initial target and the revised target to take into account the uncertainty of the possibility of travel given the health restrictions. The target was exceeded by 15%. | Audit (execution of the plan validated by the Audit Committee)The target was exceeded with 69 missions carried out in 2021 beyond the initial target and the revised target to take into account the uncertainty of the possibility of travel given the health restrictions. The target was exceeded by 15%. Objective achievement level Achieved |
Audit (execution of the plan validated by the Audit Committee)The target was exceeded with 69 missions carried out in 2021 beyond the initial target and the revised target to take into account the uncertainty of the possibility of travel given the health restrictions. The target was exceeded by 15%. Amount of variable compensation to be paid €90,000 |
| Procurement The savings target was achieved and exceeded while mobilizing the Purchasing teams to manage the health crisis in India (supply of medical equipment and organization of vaccination). The target was exceeded by 8%. | Procurement The savings target was achieved and exceeded while mobilizing the Purchasing teams to manage the health crisis in India (supply of medical equipment and organization of vaccination). The target was exceeded by 8%. Objective achievement level Achieved |
Procurement The savings target was achieved and exceeded while mobilizing the Purchasing teams to manage the health crisis in India (supply of medical equipment and organization of vaccination). The target was exceeded by 8%. Amount of variable compensation to be paid €90,000 |
| Employee expenses With +60bp compared to the Target, the objective is achieved and exceeded | Employee expenses With +60bp compared to the Target, the objective is achieved and exceeded Objective achievement level Achieved |
Employee expenses With +60bp compared to the Target, the objective is achieved and exceeded Amount of variable compensation to be paid €60,000 |
| Legal More than 50,000 people trained in Compliance well beyond the target set for 2021. Strong positive financial impact of the legal department on litigation. The objectives are largely exceeded. | Legal More than 50,000 people trained in Compliance well beyond the target set for 2021. Strong positive financial impact of the legal department on litigation. The objectives are largely exceeded. Objective achievement level Achieved |
Legal More than 50,000 people trained in Compliance well beyond the target set for 2021. Strong positive financial impact of the legal department on litigation. The objectives are largely exceeded. Amount of variable compensation to be paid €60,000 |
| CSR Diversity, equality and inclusion: 41.1% of key executives were women at the end of 2021 | CSR Diversity, equality and inclusion: 41.1% of key executives were women at the end of 2021 Objective achievement level Achieved |
CSR Diversity, equality and inclusion: 41.1% of key executives were women at the end of 2021 Amount of variable compensation to be paid €60,000 |
| Fight against climate change: The rate of renewable energies from direct sources increased by 15.8% | Fight against climate change: The rate of renewable energies from direct sources increased by 15.8% Objective achievement level Achieved |
Fight against climate change: The rate of renewable energies from direct sources increased by 15.8% Amount of variable compensation to be paid €60,000 |
| Total awarded | Total awarded Objective achievement level
|
Total awarded Amount of variable compensation to be paid €600,000 |
Subject to the approval of the General Shareholders’ Meeting, the Supervisory Board, on the recommendation of the Compensation Committee, approved the full payment of the variable compensation of Anne-Gabrielle Heilbronner given elements detailed above and which is largely justified in view of the achievement all the objectives for 2021.
In accordance with article L. 22-10-34, II of the French Commercial Code, the General Shareholders’ Meeting must vote on the variable and extraordinary items of total compensation and benefits of any kind paid during the past financial year or awarded for that financial year by means of a separate resolution for each member of the Management 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 Steve King, member of the Management Board, as set out below. These elements comply with the compensation policy for members of the Management Board for the financial year 2021 presented in Sections 3.2.1.4 and 3.2.1.7 of the Publicis Groupe SA 2020 Universal Registration Document, as approved by the General Shareholders’ Meeting of May 26, 2021 in its thirteenth resolution. Given the strong approval of items of compensation at the previous General Shareholders’ Meeting, the items of compensation paid or awarded in respect of the 2021 financial year are in line with those paid or awarded in respect of the 2020 financial year. It should be noted that the fixed, variable and extraordinary items of compensation are subject to the approval of the Ordinary General Shareholders’ Meeting in accordance with the provisions of article L. 22-10-34, II, second paragraph, of the French Commercial Code.
These fixed, variable and extraordinary 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 Steve King, member of the Management Board, are subject to the approval of the General Shareholders’ Meeting of May 25, 2022 in its fifteenth resolution pursuant to article L. 22-10-34, II of the French Commercial Code.
