| Number of members | Number of meetings in 2022 | Percentage of indepen- dent members(1) | Atten- dance rate | Parity rate(1) |
|---|---|---|---|---|
|
Number of members 5 including one member representing employees |
Number of meetings in 2022 5 |
Percentage of indepen- dent members(1) 75% |
Atten- dance rate 100% |
Parity rate(1) 25% Women 75% Men |
Composition of the Compensation Committee as of the date of this document
In accordance with article 19.1 of the Afep-Medef Code, the Compensation Committee does not include any executive corporate officers. It is mainly composed of independent members. Following the recommendations of the Afep-Medef Code, André Kudelski, Chair of this committee, is independent and Patricia Velay-Borrini, member representing employees, is a member of the Compensation Committee.
| Personal information | ||||||
|---|---|---|---|---|---|---|
| Age(1) | Gender | Nationality | Independent member(2) | Year(s) on the Board | Attendance | |
| André Kudelski (Chair) | 62 | M | Swiss | Yes | 6 | 100% |
| Maurice Lévy | 80 | M | French | No | 5 | 100% |
| Thomas H. Glocer | 63 | M | American | Yes | 6 | 100% |
| Antonella Mei-Pochtler | 64 | F | Italian | Yes | 3 | 100% |
| Patricia Velay-Borrini (Member representing employees) | 54 | F | French | n/a | 2 | 100% |
M:male – F: female
n/a: not applicable
It should be noted that Michel Cicurel assists the Committee as a permanent expert.
The changes in the composition of the Compensation Committee in 2022 are presented hereafter:
| Member of the Compensation Committee | Departure | Appointment |
|---|---|---|
|
Member of the Compensation Committee
Patricia Velay-Borrini (Member representing employees) |
Departure
|
Appointment November 24, 2021* |
*Applicable as from January 1, 2022.
Main missions and activities in 2022
The missions of the Compensation Committee are detailed in article 8 of the Supervisory Board’s internal rules and regulations. In accordance with article 19.2 of the Afep-Medef Code, the duties of the Compensation Committee and the main work completed in 2022 are as follows:
