| Level of achievement of the Performance | Acquisition scale (straight-line between the Threshold and the Maximum) | ||||||
|---|---|---|---|---|---|---|---|
| Performance criteria | Weight | Threshold* | Target | Maximum | Threshold* | Target | Maximum |
| Organic growth of the Groupe’s revenue based on the Objective validated by the Supervisory Board in March 2023 | 15% | Objective -x bp(1) | Objective | Objective +y bp(1) | 80% | 100% | 120% |
| Groupe Operating Margin based on the Objective approved by the Supervisory Board in March 2023 | 15% | Objective -x' bp(1) | Objective | Objective +y' bp(1) | 80% | 100% | 120% |
| Audit – execution of the plan approved by the Audit Committee in November 2022: 55 planned audits (entity audits; IT; works; in compliance with IFACI rules) | 20% | 80% of the Objective | Objective | Objective | 80% | 100% | 100% |
| Personal costs: based on the Objective of “fixed personnel costs and freelance costs/revenue” in the annual budget approved by the Supervisory Board in March 2023 | 20% | Objective -x'' bp(1) | Objective(1) | Objective(1) | 80% | 100% | 100% |
| Legal | 10% | ||||||
|
5% | 80% of the Objective | Objective | Objective | 80% | 100% | 100% |
|
5% | Objective(1) | Objective(1) | Objective(1) | 100% | 100% | 100% |
| CSR – the assessment of the progress of the CSR policy is carried out with regard to the following priorities: | 20% | ||||||
|
10% | Objective | Objective | Objective | 100% | 100% | 100% |
|
10% | Objective | Objective | Objective | 100% | 100% | 100% |
| TOTAL | 100% | TOTAL | 85% | 100% | 106% | ||
(*) If the threshold is not reached, the applicable portion of variable compensation is reduced to zero.
(1) Strategic and confidential information that may not be disclosed. For organic growth and operating margin, the maximum and targets are aligned with the guidance issued on February 2, 2023.
Publicis Groupe decided to set up a share plan each year for management and certain key employees of the Groupe. As a member of the Management Board, Anne-Gabrielle Heilbronner is eligible for this plan since 2021. Under this plan, the number of shares that may be delivered at the end of a three-year vesting period (except in the event of death or disability), i.e. in March 2024 for the “LTIP 2021 Directoire” and March 2025 for the “LTIP 2022 Members of the Directoire” plan and in March 2026 for the “LTIP 2023 Membres du Directoire” plan, will depend – for 90% of the shares awarded – on Publicis Groupe’s average financial performance over a three-year period (2021-2023 for the “LTIP 2021 Directoire” plan and 2022-2024 for the “LTIP 2022 Members of the Directoire” plan and 2023-2025 for the “LTIP 2023 Membres du Directoire” plan) as compared with the financial performance of a peer Groupe comprising WPP, Omnicom, IPG and Publicis Groupe, plus two conditions relating to Corporate Social Responsibility for 10% of the shares awarded.
In each of these plans, assuming the performance conditions are met, entitlement to receive shares is subject to a presence condition until the end of the vesting period. Details of these plans are presented in Section 3.2.1.4.
