| Items of compensation subject to approval | Amounts paid in respect of the past financial year (in €) | Amounts awarded in respect of the past financial year or accounting valuation (in €) | Presentation |
|---|---|---|---|
| Supplementary pension plan | Supplementary pension plan Amounts paid in respect of the past financial year (in €)- |
Supplementary pension plan Amounts awarded in respect of the past financial year or accounting valuation (in €)- |
Supplementary pension plan Presentation N/A |
| Collective health and welfare insurance plans | Collective health and welfare insurance plans Amounts paid in respect of the past financial year (in €)4,957 |
Collective health and welfare insurance plans Amounts awarded in respect of the past financial year or accounting valuation (in €)4,957 |
Collective health and welfare insurance plans Presentation This is the employer’s contribution to the collective health and welfare insurance plans |
| Employment contract | Employment contract Amounts paid in respect of the past financial year (in €)No |
Employment contract Amounts awarded in respect of the past financial year or accounting valuation (in €)No |
Employment contract Presentation N/A |
| Compensation by the Company(ies) within the scope of consolidation as per article L. 233‑16 of the French Commercial Code | Compensation by the Company(ies) within the scope of consolidation as per article L. 233‑16 of the French Commercial Code Amounts paid in respect of the past financial year (in €)not-included- |
Compensation by the Company(ies) within the scope of consolidation as per article L. 233‑16 of the French Commercial Code Amounts awarded in respect of the past financial year or accounting valuation (in €)not-included- |
Compensation by the Company(ies) within the scope of consolidation as per article L. 233‑16 of the French Commercial Code Presentation N/A |
The variable compensation of Mr. Arthur Sadoun, of a target amount up to 200% of his fixed compensation and a maximum of 300% of his fixed compensation, is based, for the 2023 financial year, on the one hand on financial performance criteria and, on the other hand, on quantifiable non‑financial individual performance criteria considered to be important for the Groupe's development.
The compensation of the Chairman of the Management Board for 2023 is thus based on two types of criteria:
The variable compensation in respect of these criteria may only be paid if the Objective is achieved. If the Objective is exceeded, and in order to encourage outperformance, the annual variable compensation under these criteria may be increased, with a cap of 50% on each of these two criteria.
These financial criteria were chosen by the Supervisory Board, following the proposal of the Compensation Committee, because they are demanding and best express the quality of the Company’s performance.
To accelerate the achievement of our CSR commitments even more quickly, the variable compensation in respect of this criterion could be increased by 50% if the objectives are exceeded and reach the next year’s indicative checkpoint one year early.
