The variable compensation of Steve King, which, if targets are met, may represent up to 160% of his fixed compensation, without exceeding this percentage, is based on:
| Criteria related to the financial and stock market performance of Publicis Groupe | In % | In £ | Level of achievement of the Performance (P) | % |
|---|---|---|---|---|
| 1. Organic growth of the Groupe’s revenue based on the Target validated by the Supervisory Board in March 2021 for 15% (10% if the Commitment (annual budget) is achieved) | 1. Organic growth of the Groupe’s revenue based on the Target validated by the Supervisory Board in March 2021 for 15% (10% if the Commitment (annual budget) is achieved)In % 15% |
1. Organic growth of the Groupe’s revenue based on the Target validated by the Supervisory Board in March 2021 for 15% (10% if the Commitment (annual budget) is achieved)In £ £216,000 |
1. Organic growth of the Groupe’s revenue based on the Target validated by the Supervisory Board in March 2021 for 15% (10% if the Commitment (annual budget) is achieved)Level of achievement of the Performance (P) P ≥ Target Commit < P > Target P ≤ Commit |
1. Organic growth of the Groupe’s revenue based on the Target validated by the Supervisory Board in March 2021 for 15% (10% if the Commitment (annual budget) is achieved)% 100% 67% 0% |
| 2. Operating margin (the highest in the market compared to that of a peer group composed of the other three main global communications groups, namely Omnicom, WPP and IPG) | 2. Operating margin (the highest in the market compared to that of a peer group composed of the other three main global communications groups, namely Omnicom, WPP and IPG)In %15% |
2. Operating margin (the highest in the market compared to that of a peer group composed of the other three main global communications groups, namely Omnicom, WPP and IPG)In £ £216,000 |
2. Operating margin (the highest in the market compared to that of a peer group composed of the other three main global communications groups, namely Omnicom, WPP and IPG)Level of achievement of the Performance (P) P = 1st of the peer group P = 2nd of the peer group P = 3rd of the peer group P = 4th of the peer group |
2. Operating margin (the highest in the market compared to that of a peer group composed of the other three main global communications groups, namely Omnicom, WPP and IPG)% 100% 50% 15% 0% |
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.
