3.3.1.5 Compensation policy for the Chairman of the Management Board
The compensation policy for the Chairman of the Management Board is based on the same items as those for all corporate officers set out in Section 3.3.1.1 and includes the items applicable to members of the Management Board presented in Section 3.3.1.4 as well as the specific items detailed below.
Arthur Sadoun, Chairman of the Management Board
Structure of the 2024 target compensation (1)
This diagram shows the compensation policy of Arthur Sadoun, Chairman of the Management Board Structure of the 2024 target compensation(1)
Variable compensation subject to performance conditions: 83%
- Long-term compensation: 50%PERFORMANCE CONDITIONS Measured over 3 years
- 85% OF RELATIVE FINANCIAL CRITERIA:
- 35% Organic growth
- 35% Operating margin
- 15% TSR
- 15% OF NON-FINANCIAL CONDITIONS:
- 7.5% Diversity, equity and inclusion
- 7.5% Fight against climate change
- Annual variable compensation 33%PERFORMANCE CONDITIONS
- 80% OF ABSOLUTE FINANCIAL CRITERIA:
- 40% Organic growth
- 40% Operating margin
- 20% OF NON-FINANCIAL CONDITIONS:
- 10% Diversity, Equity and Inclusion
- 10% Fight against climate change
Fixed compensation without performance conditions: 17%
Fixed compensation 17%
Fixed compensation
The Chairman of the Management Board receives fixed compensation in consideration for his role.
The gross annual fixed compensation of Mr. Arthur Sadoun as Chairman of the Management Board of Publicis Groupe SA amounts to euro 1,170,000 per year since January 1, 2022.
The analysis of Mr. Arthur Sadoun’s fixed compensation in comparison with that of peers in the CAC 25 (2) (as illustrated below), as well as that of the executives of Publicis Groupe’s main competitors, i.e. WPP, Omnicom and IPG, shows that his fixed compensation remains below the median of the CAC 25 and that of the group of comparable companies (i.e. WPP, Omnicom and IPG).
It is proposed to be left unchanged.
