| 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 |
| TSR | TSR Results TSR : 17.2 |
TSR Objective achievement level Achieved |
TSR Amount of variable compensation to be paid €90,000 |
| Objectives & Results | Objective achievement level | Amount of variable
compensation to be paid |
|---|---|---|
|
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 €90,000 |
|
Cash flow and debt management Cash flow management: +€84 million compared to Target Debt management: +€395 million compared to Target The objectives are largely exceeded |
Cash flow and debt management Cash flow management: +€84 million compared to Target Debt management: +€395 million compared to Target The objectives are largely exceeded Objective achievement level Achieved |
Cash flow and debt management Cash flow management: +€84 million compared to Target Debt management: +€395 million compared to Target The objectives are largely exceeded Amount of variable compensation to be paid €120,000 |
|
Achievement of All in One and G&A objectives All in One: +€12 million in savings compared to Target G&A: +€62 million compared to Target The objectives are largely exceeded |
Achievement of All in One and G&A objectives All in One: +€12 million in savings compared to Target G&A: +€62 million compared to Target The objectives are largely exceeded Objective achievement level Achieved |
Achievement of All in One and G&A objectives All in One: +€12 million in savings compared to Target G&A: +€62 million compared to Target The objectives are largely exceeded Amount of variable compensation to be paid €90,000 |
|
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 €30,000 |
| Fight against climate change: The rate of renewable energies from direct sources increased by 8% | Fight against climate change: The rate of renewable energies from direct sources increased by 8% Objective achievement level Achieved |
Fight against climate change: The rate of renewable energies from direct sources increased by 8% Amount of variable compensation to be paid €30,000 |
| 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 Michel-Alain Proch given elements detailed above and which is largely justified in view of the achievement all the objectives for 2021.
