/ Table – Items of compensation paid or awarded in 2022 to Steve King, member of the Management Board until September 14, 2022, subject to shareholder approval(1)
| Items of compensation subject to approval | Amounts paid in respect of the past financial year until September 14, 2022 (in €) | Amounts awarded in respect of the past financial year until September 14, 2022 or accounting valuation (in €) | Presentation |
|---|---|---|---|
| Fixed compensation | Fixed compensation Amounts paid in respect of the past financial year until September 14, 2022(in €) 743,725(2) |
Fixed compensation Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) 743,725(2) |
Fixed compensation Presentation Proportion of fixed compensation (in comparison to the compensation paid): 38.46% The rules for determining fixed compensation can be found in Section 3.2.1.7 of the 2021 Universal Registration Document. For information, the fixed compensation paid to Steve King for the period from September 15, 2022 to December 31, 2022 amounts to 311,885 euros. |
| Annual variable compensation | Annual variable compensation Amounts paid in respect of the past financial year until September 14, 2022(in €) 1,688,976 |
Annual variable compensation Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) 963,868(2) |
Annual variable compensation Presentation Proportion of variable compensation (compared to compensation paid): 61.54% Variable compensation to be paid in 2023 for financial year 2022: After assessing the performance for each of the criteria indicated below and in accordance with the compensation policy adopted by the previous Shareholders’ Meeting during the 2022 financial year, the Supervisory Board set the variable portion of Steve King’s compensation until the end of his term of office on September 14, 2022 at GBP 821,782 gross, i.e., 963,868 euros, the payment of which will be subject to the approval of the Annual General Shareholders’ Meeting of May 31, 2023in its sixteenth resolution in accordance with article L. 22-10-34, II of the French Commercial Code. This amount results from the following facts and assessments shown below and in the table below. For information, the variable compensation for the period from September 15, 2022 to December 31, 2022 amounts to GBP 344,618 gross, i.e., 404,203 euros. |
| Multi-year variable compensation | Multi-year variable compensation Amounts paid in respect of the past financial year until September 14, 2022(in €) - |
Multi-year variable compensation Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) - |
Multi-year variable compensation Presentation N/A |
| Exceptional compensation | Exceptional compensation Amounts paid in respect of the past financial year until September 14, 2022(in €) - |
Exceptional compensation Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) - |
Exceptional compensation Presentation N/A |
| Stock options, performance shares or any other long-term benefit (warrants, etc.) | Stock options, performance shares or any other long-term benefit (warrants, etc.) Amounts paid in respect of the past financial year until September 14, 2022(in €) N/A |
Stock options, performance shares or any other long-term benefit (warrants, etc.) Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) 1,807,027 |
Stock options, performance shares or any other long-term benefit (warrants, etc.) Presentation This amount corresponds to the valuation in the consolidated financial statements of the shares granted in 2022 to Steve King under the LTIP 2022 Members of the Directoire performance share plan as described in Section 3.2.1.4. (3) |
| Other benefits | Other benefits Amounts paid in respect of the past financial year until September 14, 2022(in €) - |
Other benefits Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) - |
Other benefits Presentation The use of one of the Company cars (3). |
| Indemnities when taking or leaving a function | Indemnities when taking or leaving a function Amounts paid in respect of the past financial year until September 14, 2022(in €) - |
Indemnities when taking or leaving a function Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) - |
Indemnities when taking or leaving a function Presentation No sum was awarded with respect to the past financial year. The severance payment described in Section 3.2.1.7 of the 2021 Universal Registration Document that may be paid to Steve King equates to one year of total gross compensation (fixed and variable compensation paid) calculated from the average over the previous 24 months of compensation, subject to performance conditions, i.e.an estimated amount of 2,762,394 euros. |
| Non-compete agreement | Non-compete agreement Amounts paid in respect of the past financial year until September 14, 2022(in €) - |
Non-compete agreement Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) - |
Non-compete agreement Presentation N/A |
| Supplementary pension plan | Supplementary pension plan Amounts paid in respect of the past financial year until September 14, 2022(in €) 38,937(2) |
Supplementary pension plan Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) 38,937(2) |
Supplementary pension plan Presentation For information, the amount relating to the period from September 15, 2022to December 31, 2022is 16,265 euros. |
| Collective health and welfare insurance plans | Collective health and welfare insurance plans Amounts paid in respect of the past financial year until September 14, 2022(in €) - |
Collective health and welfare insurance plans Amounts awarded in respect of the past financial year until September 14, 2022or accounting valuation (in €) - |
Collective health and welfare insurance plans Presentation N/A |
