The variable compensation of Michel-Alain Proch, which, if targets are met, may represent up to 100% of his fixed compensation without exceeding this percentage, would be based on:
| Weight of the criteria | Échelle d'acquisition | |||
|---|---|---|---|---|
| Publicis Groupe financial performance and stock market criteria | In % | In € | Niveau d'atteintede la 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) | 15% | 90,000 € |
P ≥ Target Commit < P > Target P ≤ Commit |
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) | 15% | 90,000 € |
P = 1st of the peer group P = 2nd of the peer group P = 3rd of the peer group P = 4th of the peer group |
100% 50% 15% 0% |
| 3. TSR (Total Shareholder Return) which reflects the difference between the share price of the Publicis Groupe SA share at the end of the fiscal year in question and the stock market price at the beginning of the same fiscal year (based on the average of the opening prices recorded over the last 20 trading days of the year, compared to the average of the opening prices over the first20 trading days of the year), plus the amount of dividends paid during the fiscal year. | 10% | 60,000 € | P > 0 | 100% |
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.
| Weight of the criteria | Acquisition scale | |||
|---|---|---|---|---|
| Individual quantifiable financial and non-financial criteria | In % | In € | Level of achievement of the Performance (P) | % |
|
Employee expenses Objective: achievement of the Target validated by the Supervisory Board in March 2021 |
15% | €90,000 | P ≥ Target | 100% |
|
Cash flow and debt management Objective: achievement of the Target validated by the Supervisory Board in March 2021 |
20% | €120,000 |
P ≥ 100% of the target P ≥ 80% of the target P < 80% of the target |
100% Straight-line acquisition 0% |
|
All in One and G&A Reduction in real estate costs in 2021 compared to 2020 |
15% | €90,000 |
P ≥ 100% of the target P ≥ 80% of the target P < 80% of the target |
100% Straight-line acquisition 0% |
| CSR | 10% | €60,000 | ||
|
5% | €30,000 | Indicative checkpoint | 100% |
|
5% | €30,000 | Indicative checkpoint | 100% |
| Total (financial and non-financial criteria) | 100% | €600,000 | ||
