| 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 |
|---|---|---|---|
| Non-compete agreement | Non-compete agreement
Amounts paid in respect of the past financial year (in €) – |
Non-compete agreement
Amounts awarded in respect of the past financial year or accounting valuation (in €) – |
Non-compete agreement Presentation No sum was awarded with respect to the past financial year. The non-compete payment described in Section 3.2.3.1 of this document that may be paid to Mr. Arthur Sadounis equivalent to two years of total gross compensation (fixed and target variable portion) calculated using the average of the last 24 months of compensation, i.e. an estimated amount of euro 7,020,000 (non-cumulative with the severance payment). |
| 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 planPresentation N/A |
| Collective health and welfare insurance plans | Collective health and welfare insurance plans
Amounts paid in respect of the past financial year (in €) 4,467 |
Collective health and welfare insurance plans
Amounts awarded in respect of the past financial year or accounting valuation (in €) 4,467 |
Collective health and welfare insurance plansPresentation This is the employer’s contribution to the collective health and welfare insurance plans. |
|
granted or paid during his term of office as Chair of the Management Board |
granted or paid during his term of office as Chair of the Management Board Amounts paid in respect of the past financial year (in €) 1,824 |
granted or paid during his term of office as Chair of the Management Board Amounts awarded in respect of the past financial year or accounting valuation (in €) 1,824 |
granted or paid during his term of office as Chair of the Management Board Presentation
|
|
granted or paid during his term of office as Chair and Chief Executive Officer |
granted or paid during his term of office as Chair and Chief Executive Officer Amounts paid in respect of the past financial year (in €) 2,643 |
granted or paid during his term of office as Chair and Chief Executive Officer Amounts awarded in respect of the past financial year or accounting valuation (in €) 2,643 |
granted or paid during his term of office as Chair and Chief Executive Officer Presentation
|
| Employment contract | Employment contract
Amounts paid in respect of the past financial year (in €) Non |
Employment contract
Amounts awarded in respect of the past financial year or accounting valuation (in €) Non |
Employment contractPresentation N/A |
| Compensation by the Company within the scope of consolidation within the meaning of article L. 233-16 of the French Commercial Code | Compensation by the Company within the scope of consolidation within the meaning of article L. 233-16 of the French Commercial Code
Amounts paid in respect of the past financial year (in €) – |
Compensation by the Company within the scope of consolidation within the meaning of article L. 233-16 of the French Commercial Code
Amounts awarded in respect of the past financial year or accounting valuation (in €) – |
Compensation by the Company within the scope of consolidation within the meaning of article L. 233-16 of the French Commercial CodePresentation N/A |
| Compensation as Director | Compensation as Director
Amounts paid in respect of the past financial year (in €) – |
Compensation as Director
Amounts awarded in respect of the past financial year or accounting valuation (in €) 34,000 |
Compensation as Director Presentation See details in Table 3. |
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 2024 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.
Mr. Arthur Sadoun’s compensation for 2024 is 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 overperformance, 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.
