Universal Registration Document 2023

6. Consolidated Financial Statements 2023 Year - AFR

/ Movements in Publicis Groupe free share plans over the last two financial years
not-included 2023 2022
Shares yet to vest as of January 1, 2023 4,339,621 4,226,891
Shares granted under plans implemented during the year 2,149,023 1,908,025
Deliveries, vesting of shares during the year (987,963) (1,335,457)
Shares granted and that have become lapsed (349,324) (459,838)
Shares yet to vest as of December 31, 2023 5,151,357 4,339,621
Effect of share subscription or stock option plans and free share plans on profit (loss)

The total impact of these plans on the 2023 income statement was euro 85 million (excluding taxes and social security charges), compared to euro 64 million in 2022 (see Note 5). With regard to the free share plans granted subject to (non‑market) performance conditions, and for which performance has not yet been definitively measured as of December 31, 2023, the probability of meeting the targets set in respect of the calculation of the 2023 expense has been estimated as follows:

  • for performance plans measured over a one‑year period, in respect of 2023 performance: 100%;
  • for performance plans measured over three years, regarding the performance of the three‑year period and concerning plans implemented for the Chairman and members of the Management Board (LTIP 2021Directoire, LTIP 2022 Membres du Directoire, LTIP 2022 Président du Directoire, LTIP 2023 Members of the Directoire and LTIP 2023 Président du Directoire plans): 100%.