/ Table 2 (AMF nomenclature) summary table of the compensation for each executive corporate officer (in euros)
In general, the compensation paid corresponds to the fixed compensation for the specified year and the variable portion corresponds to that of the previous year.
No multi-year variable compensation, exceptional compensation or compensation awarded for serving as a director was paid to corporate officers.
| |
2021 – Amounts |
2020 – Amounts |
| |
Awarded |
Paid |
Awarded |
Paid |
| Management Board |
|
|
|
|
| Arthur Sadoun, Chairman of the Management Board |
|
|
|
|
| Fixed compensation |
1,000,000 |
1,000,000 |
1,000,000 |
850,000 |
| Annual variable compensation(1)
|
1,900,000 |
2,000,000 |
2,000,000 |
1,400,000 |
| Benefits in kind(2)
|
- |
- |
- |
- |
| Total |
2,900,000 |
3,000,000 |
3,000,000 |
2,250,000 |
| Jean-Michel Etienne, Executive Vice-President – Groupe Finance Member of the Management Board until December 31, 2020 |
|
|
|
|
| Fixed compensation |
- |
- |
840,000 |
840,000 |
| Annual variable compensation(3)
|
- |
777,000 |
777,000 |
672,000 |
| Loyalty bonus(4)
|
- |
- |
1,000 |
1,000 |
| Benefits in kind(2)
|
- |
- |
- |
- |
| Total |
- |
777,000 |
1,618,000 |
1,513,000 |
| Anne-Gabrielle Heilbronner, Secretary General |
|
|
|
|
| Fixed compensation |
600,000 |
600,000 |
600,000 |
540,000 |
| Annual variable compensation(5)
|
600,000 |
600,000 |
600,000 |
480,000 |
| Benefits in kind(2)
|
- |
- |
- |
- |
| Job loss insurance(6)
|
12,357 |
12,357 |
12,357 |
12,357 |
| Total |
1,212,357 |
1,212,357 |
1,212,357 |
1,032 357 |
| Steve King, member of the Management Board(7)
|
|
|
|
|
| Fixed compensation |
1,048,077 |
1 048 077 |
1,012,869 |
911,582 |
| Annual variable compensation(8)
|
1,676,923 |
1,676,923 |
1,620,590 |
1 134,413 |
| Supplementary pension plan |
55,259 |
55,259 |
53,402 |
53,402 |
| Benefits in kind(2)
|
- |
- |
- |
- |
| Total(7)
|
2,780,259 |
2,780,259 |
2,686,861 |
2,099,397 |
| Michel-Alain Proch, Groupe Chief Financial Officer Member of the Management Board from January 15, 2021 |
|
|
|
|
| Fixed compensation |
573,810 |
573,810 |
- |
- |
| Annual variable compensation(9)
|
600,000 |
- |
- |
- |
| Benefits in kind(2)
|
- |
- |
- |
- |
| Total |
1,173,810 |
573,810 |
- |
- |
- (1) The variable compensation criteria for the year 2020 and their achievement levels are presented in Section 3.2.2.4 of the 2020 Universal Registration Document. The criteria for variable compensation for the year 2021 and their achievement levels are presented in Section 3.2.2.4 of this document.
- (2) Benefits in kind relating to the use of a company-provided vehicle are not mentioned if they are for an immaterial amount.
- (3) The variable compensation criteria for the year 2020 and their achievement levels are presented in Section 3.2.2.5 of the 2020 Universal Registration Document.
- (4) Loyalty bonus paid for length of service with the Groupe (20 years).
- (5) The variable compensation criteria for the year 2020 and their achievement levels are presented in Section 3.2.2.6 of the 2020 Universal Registration Document. The criteria for variable compensation for the year 2021 and their achievement levels are presented in Section 3.2.2.5 of this document.
- (6) As the French unemployment office (Pôle Emploi) does not cover it, Publicis Groupe took out insurance for its corporate officers.
- (7) Compensation determined and paid in pounds sterling. The translation into euros was carried out at the average rate of 1 GBP = 1.12541 EUR in 2020 and at the average rate of 1 GBP = 1.16453 EUR in 2021.
- (8) The variable compensation criteria for the year 2020 and their achievement levels are presented in Section 3.2.2.7 of the 2020 Universal Registration Document. The criteria for variable compensation for the year 2021 and their achievement levels are presented in Section 3.2.2.6 of this document.
- (9) The criteria for variable compensation for the year 2021 and their achievement levels are presented in Section 3.2.2.7 of this document.
