Universal Registration Document 2023

Note 15 Provisions for liabilities and charges

(in thousands of euros)	Amount at December 31, 2023	2023 Increase	2023 reversal (used provision)	2023 reversal (unused provision)	Amount at December 31, 2023
Provision for risks on treasury shares and free share grants not yet vested ⁽¹⁾	Provision for risks on treasury shares and free share grants not yet vested ⁽¹⁾ Amount at December 31, 2023 7,895	Provision for risks on treasury shares and free share grants not yet vested ⁽¹⁾ 2023 Increase -	Provision for risks on treasury shares and free share grants not yet vested ⁽¹⁾ 2023 reversal (used provision) (7,895)	Provision for risks on treasury shares and free share grants not yet vested ⁽¹⁾ 2023 reversal (unused provision)-	Provision for risks on treasury shares and free share grants not yet vested ⁽¹⁾ Amount at December 31, 2023-
Other provisions for risks	Other provisions for risks Amount at December 31, 2023 5,987	Other provisions for risks 2023 Increase 5	Other provisions for risks 2023 reversal (used provision) (3)	Other provisions for risks 2023 reversal (unused provision)-	Other provisions for risks Amount at December 31, 2023 5,989
Total	Total Amount at December 31, 202313,882	Total 2023 Increase 5	Total 2023 reversal (used provision)(7,898)	Total 2023 reversal (unused provision)-	Total Amount at December 31, 2023989

(1) This provision was made, on the one hand, to cover the loss resulting from the difference between the subscription price and the cost price of the treasury shares when they were allocated to the share purchase plans for Groupe employees, and, on the other hand, to cover the future loss on existing shares under free share plans. It should also be noted that provisions and their reversals relating to costs incurred by Publicis Groupe SA in relation to these plans are presented in the income statement under personnel costs in accordance with Notice no. 2008‑17 from the French National Accounting Council.

Note 16 Bonds

Category of bond (in thousands of euros)	Number of securities	December 31, 2023	December 31, 2022
Eurobond 2023 - 0,5%	Eurobond 2023 - 0,5% Number of securities 5,000	Eurobond 2023 - 0,5% December 31, 2023-	Eurobond 2023 - 0,5% December 31, 2022 500,000
Eurobond 2024 - 1,625%	Eurobond 2024 - 1,625% Number of securities 6,000	Eurobond 2024 - 1,625% December 31, 2023 600,000	Eurobond 2024 - 1,625% December 31, 2022 600,000
Total excluding accrued interests	Total excluding accrued interests Number of securities unspecified	Total excluding accrued interestsDecember 31, 2023600,000	Total excluding accrued interestsDecember 31, 20221,100,000
Accrued interests	Accrued interests Number of securities unspecified	Accrued interests December 31, 2023 427	Accrued interests December 31, 2022 832
Balance sheet total	Balance sheet total Number of securities unspecified	Balance sheet totalDecember 31, 2023600,427	Balance sheet totalDecember 31, 20221,100,832

Eurobond 2023 – 0.5%

On November 3, 2016, Publicis Groupe SA issued a fixed‑rate bond for euro 500 million, maturing in November 2023 (7 years), with a 0.5% annual coupon. This loan was fully repaid in November 2023, in accordance with its maturity.

Eurobond 2024 – 1.625%

This 10‑year maturity tranche of euro 600 million and a fixed rate of 1.625% was issued on December 16, 2014, as part of the financing of the Sapient acquisition (which took place in February 2015). It is fully redeemable at par upon maturity on December 16, 2024.

The bonds issued by the Groupe do not contain any financial covenants. They only include standard credit default event clauses (liquidation, cessation of payments, default on the debt itself or on the repayment of another debt above a given threshold).

Note 17 Bank borrowings and overdrafts

Excluding bonds, there was no outstanding bank borrowing and overdrafts at the end of the financial year.

However, Publicis Groupe SA has confirmed and unused credit lines, as described in Note 20 below.