/ 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.
| 2022 – Amounts: | 2021 – Amounts: | |||
|---|---|---|---|---|
| Awarded | Paid | Awarded | Paid | |
| Management Board | ||||
| Arthur Sadoun, Chairman of the Management Board | ||||
| Fixed compensation | 1,170,000 | 1,170,000 | 1,000,000 | 1,000,000 |
| Annual variable compensation(1) | 2,503,800 | 1,900,000 | 1,900,000 | 2,000,000 |
| Benefits in kind(2) | - | - | - | - |
| Total | 3,673,800 | 3,070,000 | 2,900,000 | 3,000,000 |
| Anne-Gabrielle Heilbronner, Secretary General | ||||
| Fixed compensation | 600,000 | 600,000 | 600,000 | 600,000 |
| Annual variable compensation(3) | 516,000 | 600,000 | 600,000 | 600,000 |
| Benefits in kind(2) | - | - | - | - |
| Unemployment insurance(4) | 12,357 | 12,357 | 12,357 | 12,357 |
| Total | 1,128,857 | 1,212,857 | 1,212,357 | 1,212,357 |
| Steve King, member of the Management Board(6)Member of the Management Board until September 14, 2022 | ||||
| Fixed compensation(6) | 743,724 | 743,725 | 1,048,077 | 1,048,077 |
| Annual variable compensation(7)(8) | 963,868 | 1,688,976 | 1,676,923 | 1,676,923 |
| Supplementary pension plan(9) | 38,937 | 38,937 | 55,259 | 55,259 |
| Benefits in kind(2) | - | - | - | - |
| Total(5) | 1,746,530 | 2,471,639 | 2,780,259 | 2,780,259 |
| Michel-Alain Proch, Groupe Chief Financial Officer Member of the Management Board from January 15, 2021 | ||||
| Fixed compensation | 600,000 | 600,000 | 573,810 | 573,810 |
| Annual variable compensation(10) | 546,000 | 600,000 | 600,000 | - |
| Benefits in kind(2) | - | - | - | - |
| Unemployment insurance(4) | 11,261 | - | - | - |
| Total | 1,157,261 | 1,200,000 | 1,173,810 | 573,810 |
(1) The variable compensation criteria for 2021 and their achievement levels are presented in Section 3.2.2.4 of the 2021 Universal Registration Document. The variable compensation criteria for 2022 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 vehicle are not valued if they are for an immaterial amount.
(3) The variable compensation criteria for the year 2021 and their achievement levels are presented in Section 3.2.2.5 of the 2021 Universal Registration Document. The variable compensation criteria for 2022 and their achievement levels are presented in Section 3.2.2.5 of this document.
(4) As the French unemployment office (Pôle Emploi) does not cover it, Publicis Groupe took out insurance for its corporate officers.
(5) Compensation determined and paid in pounds sterling. The translation into euros was carried out at the average rate of GBP 1 = 1.16453 euros in 2021 and at the average rate of GBP 1 = 1.1729 euros in 2022.
(6) Fixed compensation awarded and paid in 2022 in respect of his corporate office, i.e., until September 14, 2022. For information, the fixed compensation awarded and paid for the period from September 15, 2022 to December 31, 2022 under his employment contract amounts to 311,885 euros.
(7) The variable compensation criteria for 2021 and their achievement levels are presented in Section 3.2.2.6 of the 2021 Universal Registration Document. The criteria for variable compensation for 2022 and their achievement levels are presented in Section 3.2.2.6 of this document.
(8) Annual variable compensation awarded in 2022 in respect of his corporate office, i.e. until September 14, 2022. For information, the annual variable compensation awarded for the period from September 15, 2022 to December 31, 2022 under his employment contract amounts to 504,006 euros.
(9) Supplementary pension plan awarded and paid in 2022 in respect of his corporate office, i.e. until September 14, 2022. For information, the amount relating to his supplementary pension plan for the period from September 15, 2022 to December 31, 2022 under his employment contract amounts to 16,265 euros.
(10) The criteria for variable compensation for the year 2021 and their achievement levels are presented in Section 3.2.2.7 of the 2021 Universal Registration Document. The variable compensation criteria for 2022 and their achievement levels are presented in Section 3.2.2.7 of this document.
