Universal Registration Document 2021

Chapter 3. Governance and compensation

The Supervisory Board, on the recommendation of the Compensation Committee, decided to grant the following performance shares to the members of the Management Board as part of the “LTIP 2022 Président du Directoire” and “LTIP 2022 Members of the Directoire” plans:

LTIP 2022 Président du Directoire

LTIP 2022 Members of the Directoire

 Date of grant Vesting date (1) Number of
performance
shares awarded (2)		 % of the share
capital
Arthur Sadoun, Chairman

Arthur Sadoun, Chairman

Date of grant

March 18, 2022

Arthur Sadoun, Chairman

Vesting date

(1)March 18, 2025

Arthur Sadoun, Chairman

Number of


performance


shares awarded

(2)

52,047(3)

Arthur Sadoun, Chairman

% of the share


capital

0,02%
Anne-Gabrielle Heilbronner Anne-Gabrielle HeilbronnerDate of grant

March 18, 2022

 Anne-Gabrielle Heilbronner

Vesting date

(1)

March 18, 2025

 Anne-Gabrielle Heilbronner

Number of


performance


shares awarded

(2)

20,819

 Anne-Gabrielle Heilbronner

% of the share


capital

0,01%
Steve King

Steve King

Date of grant

March 18, 2022

Steve King

Vesting date

(1)

March 18, 2025

Steve King

Number of


performance


shares awarded

(2)

36,366

Steve King

% of the share


capital

0,01%
Michel-Alain Proch

Michel-Alain Proch

Date of grant

March 18, 2022

Michel-Alain Proch

Vesting date

(1)

March 18, 2025

Michel-Alain Proch

Number of


performance


shares awarded

(2)

20,819

Michel-Alain Proch

% of the share


capital

0,01%
  • (1) Performance conditions described below.
  • (2) Number of shares granted based on the opening share price on the day of the Management Board meeting of March 18, 2022.
  • (3) If the compensation policy applicable to the Chairman of the Management Board for the 2022 fiscal year were adopted, additional performance shares of a value of euro 510,000 would be granted.
  • The characteristics of the plans allocated to the Chairman of the Management Board are as follows from 2022:
Type of plan LTIP Président du Directoire      
Performance
conditions

Performance


conditions

LTIP Président du Directoire

Organic growth rate of Publicis Groupe compared to the weighted average of the peer group

Performance


conditions

 

Consolidated operating margin of Publicis Groupe compared to the peer group

Performance


conditions

 

TSR (Total Shareholder Return)

Performance


conditions

 

Two CSR criteria and one criterion related to Talent management
Type of
performance
conditions 

Type of


performance


conditions 

LTIP Président du Directoire

Relative performances compared to the reference group Omnicom, WPP, IPG, Publicis Groupe

Type of


performance


conditions 

 

Compared to the median of the CAC 40 (groups present over the three-year period)

Type of


performance


conditions 

 

Internal objectives communicated each year
Weighting

Weighting

LTIP Président du Directoire

35% of shares awarded

Weighting

 

35% of shares awarded

Weighting

 

15% of shares awarded

Weighting

 

15% of shares awarded (5% for each criterion)
Acquisiton

Acquisiton

LTIP Président du Directoire
  • > the weighted
    average of the peer group: 100% of shares delivered;
  • Between 80% and 100%: the number of
    shares awarded is reduced by 5% for each 1% of performance
    recorded below
    100%;
  • < 80% of the peer group average: no
    shares delivered.

Acquisiton

 
  • Highest operating
    margin compared to the peer group: 100% of the shares delivered;
  • Margin in 2nd position: 80% of the shares delivered;
  • Margin rate in 3rd or 4th position: no
    shares delivered. 

Acquisiton

 
  • ≥ upper quartile of the CAC 40: 100%
    of shares delivered 
  • Ranking between
    the median and the upper quartile: straight-line acquisition between 50% and 100% of the
    shares delivered
  • Below the median: no shares delivered

Acquisiton

 

100% of the shares delivered if the trajectory on the following priorities is met:

  • Diversity, equality and inclusion (45% of women holding key
    management
    positions by 2025, with an indicative
    checkpoint of 44% by the end of 2024)
  • Combating climate change (100% renewable energy by 2030, with an indicative checkpoint of 60% in 2024)
  • Measurable criterion related to Talentmanagement: Top 1,000 retention rate
    > the Groupe average 
Performance
period

Performance


period

LTIP Président du Directoire

Following a three-year period at the end of which performance is calculated