Universal Registration Document 2021

/ Movements in Publicis Groupe free share plans over the last two financial years

	2021	2020
Grants at January 1	Grants at January 120214,171,762	Grants at January 1 2020 4,595,712
Grants during the year	Grants during the year2021 1,978,790	Grants during the year 2020 1,849,923
Vesting	Vesting2021 (1,010,466)	Vesting 2020 (1,348,507)
Grants lapsed	Grants lapsed2021 (913,195)	Grants lapsed 2020 (925,366)
Grants at December 31	Grants at December 3120214,226,891	Grants at December 31 2020 4,171,762

/ Fair value of free Publicis Groupe shares granted during financial year 2021

Free shares	“LTIP 2021” and other specific plans⁽¹⁾	LTIP 2021 Directoire⁽²⁾	LTI Epsilon 2021⁽¹⁾	Sapient 2021 (4 years)	Sapient 2021 (3 years)⁽¹⁾
Date of Management Board meeting	Date of Management Board meeting “LTIP 2021” and other specific plans ⁽¹⁾ 03/16/2021 09/15/2021	Date of Management Board meeting LTIP 2021 Directoire ⁽²⁾ 03/16/2021	Date of Management Board meeting LTI Epsilon 2021 ⁽¹⁾ 03/16/2021	Date of Management Board meeting Sapient 2021 (4 years) 04/13/2021	Date of Management Board meeting Sapient 2021 (3 years)⁽¹⁾ 04/13/2021
Number of shares originally granted	Number of shares originally granted “LTIP 2021” and other specific plans ⁽¹⁾ 590,391	Number of shares originally granted LTIP 2021 Directoire ⁽²⁾ 151,577	Number of shares originally granted LTI Epsilon 2021 ⁽¹⁾ 632,348	Number of shares originally granted Sapient 2021 (4 years) 241,787	Number of shares originally granted Sapient 2021 (3 years)⁽¹⁾ 362,687
Initial valuation of shares granted (weighted average, in euros)	Initial valuation of shares granted (weighted average, in euros) “LTIP 2021” and other specific plans ⁽¹⁾ 44.31	Initial valuation of shares granted (weighted average, in euros) LTIP 2021 Directoire ⁽²⁾ 44.17	Initial valuation of shares granted (weighted average, in euros) LTI Epsilon 2021 ⁽¹⁾ 46.35	Initial valuation of shares granted (weighted average, in euros) Sapient 2021 (4 years) 45.40	Initial valuation of shares granted (weighted average, in euros) Sapient 2021 (3 years)⁽¹⁾ 44.27
Share price on the grant date (weighted average in euros)	Share price on the grant date (weighted average in euros) “LTIP 2021” and other specific plans ⁽¹⁾ 51.08	Share price on the grant date (weighted average in euros) LTIP 2021 Directoire ⁽²⁾ 50.92	Share price on the grant date (weighted average in euros) LTI Epsilon 2021 ⁽¹⁾ 50.92	Share price on the grant date (weighted average in euros) Sapient 2021 (4 years) 51.02	Share price on the grant date (weighted average in euros) Sapient 2021 (3 years)⁽¹⁾ 51.02
Vesting period (in years)	Vesting period (in years) “LTIP 2021” and other specific plans ⁽¹⁾ 3	Vesting period (in years) LTIP 2021 Directoire ⁽²⁾ 3	Vesting period (in years) LTI Epsilon 2021 ⁽¹⁾ 1 to 3	Vesting period (in years) Sapient 2021 (4 years) 1 to 4	Vesting period (in years) Sapient 2021 (3 years)⁽¹⁾ 3

(1) Conditional shares subject to the achievement of targets set for 2021.
(2) Conditional shares for which vesting is subject to the achievement of targets set for the years 2021 to 2023.

Effect of share subscription or stock option plans and free share plans on profit (loss)

The total impact of these plans on the 2021 income statement was euro 52 million (excluding taxes and social security charges), compared to euro 55 million in 2020 (see Note 4).

With regard to the free share plans granted subject to performance conditions, and for which performance has not yet been definitively measured as of December 31, 2021, the probability of meeting the targets set in respect of the calculation of the 2021 expense has been estimated as follows:

for performance plans measured over a one-year period, in respect of 2021 performance: 100%;
for performance plans measured over a three-year period, in respect of the three-year period performance:
- LTI 2019-2021 Directoire Plan: 77.5%,
- LTIP 2021 Directoire Plan: 100%.