Universal Registration Document 2023

3. Governance and Compensation - AFR

For information purposes, the table below summarizes the methodology applied for the main compensation items of corporate officers.

Recurring compensation items (1) Base Financial year
1. Annual fixed compensation 1.

Annual fixed compensation

Base

Total gross amount paid

1.

Annual fixed compensation

Financial year

Financial year Y

2. Annual variable compensation and any other exceptional compensation 2.

Annual variable compensation and any other exceptional compensation

Base

Total gross amount paid

2.

Annual variable compensation and any other exceptional compensation

Financial year

Financial year Y (in respect of Y‑1)

3. Share‑based compensation:

Annual LTIs (Groupe LTIP, Publicis Sapient and Epsilon plans)

Annual LTIs (Groupe LTIP, Publicis Sapient and Epsilon plans)

Base

Acquisition gain (= Market value of the shares at the date of delivery of the shares)

Annual LTIs (Groupe LTIP, Publicis Sapient and Epsilon plans)

Financial year

Financial year

Three‑year LTIs implemented until 2019 (LTIP 2019‑2021 Directoire)

Three‑year LTIs implemented until 2019 (LTIP 2019‑2021 Directoire)

Base

1/3 of the acquisition gain (= Market value of the shares at the date of delivery of the shares divided by three

Three‑year LTIs implemented until 2019 (LTIP 2019‑2021 Directoire)

Financial year

Financial year Y‑3 (performance year 1 of the plan)

Financial year Y‑2 (performance year 2 of the plan)

Financial year Y‑1 (performance year 3 of the plan)

4. Other obligations or benefits of any kind 4.

Other obligations or benefits of any kind

Base

Valuation of the obligation or benefit in kind

4.

Other obligations or benefits of any kind

Financial year

Financial year Y

Changes in aggregates
  2019 2020 2021 2022 2023
Performance of the Company Performance of the Company

2019

not-included
Performance of the Company

2020

not-included
Performance of the Company

2021

not-included
Performance of the Company

2022

not-included
Performance of the Company

2023

not-included
Company net revenue (in millions of euros)

Company net revenue (in millions of euros)

2019

9,800

Company net revenue (in millions of euros)

2020

9,712

Company net revenue (in millions of euros)

2021

10,487

Company net revenue (in millions of euros)

2022

12,572

Company net revenue (in millions of euros)

2023

13,099

(Change compared with the previous financial year) (Change compared with the previous financial year)

2019

+9.27%
(Change compared with the previous financial year)

2020

-0.90%
(Change compared with the previous financial year)

2021

+7.98%
(Change compared with the previous financial year)

2022

+19.88%
(Change compared with the previous financial year)

2023

+4.19%
Compensation of employees Compensation of employees

2019

not-included
Compensation of employees

2020

not-included
Compensation of employees

2021

not-included
Compensation of employees

2022

not-included
Compensation of employees

2023

not-included
Average compensation of employees (full time equivalent basis excluding executive corporate officers)

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2019

83,593

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2020

91,499

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2021

91,366

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2022

98,521

Average compensation of employees (full time equivalent basis excluding executive corporate officers)

2023

107,987

(Change compared with the previous financial year) (Change compared with the previous financial year)

2019

+3.96%
(Change compared with the previous financial year)

2020

+9.46%
(Change compared with the previous financial year)

2021

-0.15%
(Change compared with the previous financial year)

2022

+7.83%
(Change compared with the previous financial year)

2023

+9.61%
Median compensation of employees (full time equivalent basis excluding executive corporate officers)

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2019

65,005

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2020

74,732

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2021

71,339

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2022

76,259

Median compensation of employees (full time equivalent basis excluding executive corporate officers)

2023

84,861

(Change compared with the previous financial year) (Change compared with the previous financial year)

2019

+ 4,17 %
(Change compared with the previous financial year)

2020

+ 14,96 %
(Change compared with the previous financial year)

2021

- 4,54 %
(Change compared with the previous financial year)

2022

+ 6,90 %
(Change compared with the previous financial year)

2023

+ 11,28 %
Chairman of the Supervisory Board Chairman of the Supervisory Board

2019

not-included
Chairman of the Supervisory Board

2020

not-included
Chairman of the Supervisory Board

2021

not-included
Chairman of the Supervisory Board

2022

not-included
Chairman of the Supervisory Board

2023

not-included
Compensation of Mr. Maurice Lévy

Compensation of Mr. Maurice Lévy

2019

2,885,000

Compensation of Mr. Maurice Lévy

2020

1,985,000

Compensation of Mr. Maurice Lévy

2021

1,425,000

Compensation of Mr. Maurice Lévy

2022

1,385,000

Compensation of Mr. Maurice Lévy

2023

1,418,000

(Change compared with the previous financial year) (Change compared with the previous financial year)

2019

+1.41%
(Change compared with the previous financial year)

2020

-31.20%
(Change compared with the previous financial year)

2021

-28.21%
(Change compared with the previous financial year)

2022

-2.81%
(Change compared with the previous financial year)

2023

+2.38%
Ratio to average employee compensation

Ratio to average employee compensation

2019

35

Ratio to average employee compensation

2020

22

Ratio to average employee compensation

2021

16

Ratio to average employee compensation

2022

14

Ratio to average employee compensation

2023

13

(Change compared with the previous financial year) (Change compared with the previous financial year)

2019

-2.46%
(Change compared with the previous financial year)

2020

-37.14%
(Change compared with the previous financial year)

2021

-28.11%
(Change compared with the previous financial year)

2022

-9.87%
(Change compared with the previous financial year)

2023

-6.62%
Ratio to median employee compensation

Ratio to median employee compensation

2019

44

Ratio to median employee compensation

2020

27

Ratio to median employee compensation

2021

20

Ratio to median employee compensation

2022

18

Ratio to median employee compensation

2023

17

(Change compared with the previous financial year) (Change compared with the previous financial year)

2019

-2.65%
(Change compared with the previous financial year)

2020

-40.15%
(Change compared with the previous financial year)

2021

-24.80%
(Change compared with the previous financial year)

2022

-9.08%
(Change compared with the previous financial year)

2023

-8.00%
Chairman of the Management Board(1) Chairman of the Management Board(1)

2019

not-included
Chairman of the Management Board(1)

2020

not-included
Chairman of the Management Board(1)

2021

not-included
Chairman of the Management Board(1)

2022

not-included
Chairman of the Management Board(1)

2023

not-included
Compensation of Mr. Arthur Sadoun

Compensation of Mr. Arthur Sadoun

2019

3,038,009

Compensation of Mr. Arthur Sadoun

2020

2,888,009

Compensation of Mr. Arthur Sadoun

2021

3,638,009

Compensation of Mr. Arthur Sadoun

2022

3,070,000

Compensation of Mr. Arthur Sadoun

2023

3,673,800
(Change compared with the previous financial year) (Change compared with the previous financial year)

2019

+10.49%
(Change compared with the previous financial year)

2020

-4.94%
(Change compared with the previous financial year)

2021

+25.97%
(Change compared with the previous financial year)

2022

-15.61%
(Change compared with the previous financial year)

2023

+19.67%
Ratio to average employee compensation

Ratio to average employee compensation

2019

36

Ratio to average employee compensation

2020

32

Ratio to average employee compensation

2021

40

Ratio to average employee compensation

2022

31

Ratio to average employee compensation

2023

34

(Change compared with the previous financial year) (Change compared with the previous financial year)

2019

+6.29%
(Change compared with the previous financial year)

2020

-13.15%
(Change compared with the previous financial year)

2021

+26.15%
(Change compared with the previous financial year)

2022

-21.74%
(Change compared with the previous financial year)

2023

+9.18%
Ratio to median employee compensation

Ratio to median employee compensation

2019

47

Ratio to median employee compensation

2020

39

Ratio to median employee compensation

2021

51

Ratio to median employee compensation

2022

40

Ratio to median employee compensation

2023

43

(Change compared with the previous financial year) (Change compared with the previous financial year)

2019

+6.07%
(Change compared with the previous financial year)

2020

-17.31%
(Change compared with the previous financial year)

2021

+31.96%
(Change compared with the previous financial year)

2022

-21.06%
(Change compared with the previous financial year)

2023

+7.54%