Universal Registration Document 2023

Note 18 Other financial liabilities

(in thousands of euros)	December 31, 2023	December 31, 2022
Long‑term borrowing from MMS Multi Euro Services ⁽¹⁾	Long‑term borrowing from MMS Multi Euro Services ⁽¹⁾December 31, 2023 930,000	Long‑term borrowing from MMS Multi Euro Services ⁽¹⁾December 31, 2022 930,000
Current accounts, short‑term borrowings from MMS Multi Euro Services and accrued interests	Current accounts, short‑term borrowings from MMS Multi Euro Services and accrued interests December 31, 2023 1,189,805	Current accounts, short‑term borrowings from MMS Multi Euro Services and accrued interests December 31, 2022 630,341
Other creditors	Other creditors December 31, 2023 561	Other creditors December 31, 2022 561
Total	TotalDecember 31, 20232,120,366	TotalDecember 31, 20221,560,902

Note 19 Maturity statement for receivables and liabilities

All receivables included in currents asset are due within one year.

The maturity statement for liabilities is presented below:

(in thousands of euros)	Total	Less than 1 year	1 to 5 years	More than 5 years
Bonds	Bonds Total 600,427	Bonds Less than 1 year 427	Bonds 1 to 5 years 600,000	Bonds More than 5 years-
Bank borrowings and overdrafts	Bank borrowings and overdrafts Total -	Bank borrowings and overdrafts Less than 1 year-	Bank borrowings and overdrafts 1 to 5 years -	Bank borrowings and overdrafts More than 5 years-
Other financial liabilities	Other financial liabilities Total 2,120,366	Other financial liabilities Less than 1 year 1,189,805	Other financial liabilities 1 to 5 years -	Other financial liabilities More than 5 years 930,561
Trade payables	Trade payables Total 3,875	Trade payables Less than 1 year 3,875	Trade payables 1 to 5 years -	Trade payables More than 5 years-
Tax and social liabilities	Tax and social liabilities Total 11,853	Tax and social liabilities Less than 1 year 11,853	Tax and social liabilities 1 to 5 years -	Tax and social liabilities More than 5 years-
Other creditors	Other creditors Total 121,586	Other creditors Less than 1 year 121,586	Other creditors 1 to 5 years -	Other creditors More than 5 years-
Total Liabilities	Total Liabilities Total 2,858,107	Total LiabilitiesLess than 1 year1,327,546	Total Liabilities 1 to 5 years 600,000	Total Liabilities More than 5 years930,561

Note 20 Off‑balance sheet commitments

20.1 Commitments given

20.1.1 Description of the stock option and free share plans implemented during the financial year

Presentation of the new free share plans for 2023

During the year 2023, several free share plans were implemented with the following features:

Long‑term incentive plan known as the "LTIP 2023" (March 2023)

Under this plan, a certain number of Groupe managers were granted free shares, subject to three conditions:

a continued presence condition, during the three‑year vesting period;
conditions for achieving the Groupe’s revenue growth and profitability targets for the year 2023, compared to a reference group including Publicis Groupe and the other three main global communications groups (Omnicom, WPP and IPG);
conditions based on progress made on the CSR (Corporate Social Responsibility) policy, both in the area of Diversity, Equity and Inclusion and in the area of combating climate change, for which indicative interim points have been set. At the end of 2023, the percentage of women in key management positions as well as the percentage change in the integration of renewable energies in the Groupe will be assessed against targets set.

The shares eventually awarded in accordance with the level of achievement of these targets will be vested at the end of a three‑year period, i.e. in March 2026.