The General Shareholders’ Meeting of May 27, 2025 will therefore be asked to approve the items of compensation paid or awarded in respect of the 2024 financial year to Mr. Michel-Alain Proch, member of the Management Board until February 8, 2024, as described below. These items comply with the compensation policy established for Mr. Michel-Alain Proch in respect of the 2024 financial year presented in Sections 3.3.1.4 and 3.3.1.7 of the Publicis Groupe SA 2023 Universal Registration Document, as approved by the General Shareholders’ Meeting of May 29, 2024 in its fourteenth resolution.
In respect of 2024, in accordance with the compensation policy adopted, Mr. Michel-Alain Proch received fixed annual compensation of euro 77,143, corresponding to his prorated annual compensation for the period from January 1 to February 8, 2024. In addition, for 2024, Mr. Michel-Alain Proch is not entitled to any annual variable compensation and no performance shares were awarded.
The items comprising the total compensation and benefits of any kind paid during the past financial year or awarded in respect of the same financial year to Mr. Michel-Alain Proch, member of the Management Board until February 8, 2024, are subject to the approval of the General Shareholders’ Meeting of May 27, 2025 in its thirteenth resolution, pursuant to article L. 22-10-34, II of the French Commercial Code.
| Items of compensation subject to approval | Amounts paid in respect of the past financial year until February 8, 2024 (in €) | Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €) | Presentation |
|---|---|---|---|
| Fixed compensation | Fixed compensationAmounts paid in respect of the past financial year until February 8, 2024 (in €)
77,143(1) |
Fixed compensationAmounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €)
77,143(1) |
Fixed compensationPresentation
Proportion of fixed compensation (compared to the compensation paid): n/a |
| Annual variable compensation | Annual variable compensation Amounts paid in respect of the past financial year until February 8, 2024 (in €) 691,200 |
Annual variable compensation Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €) – |
Annual variable compensation Presentation
Proportion of variable compensation (compared to the compensation paid): n/a In accordance with the compensation policy, Mr. Michel-Alain Proch is not eligible for variable compensation in respect of 2024. |
| Multi-year variable compensation | Multi-year variable compensation Amounts paid in respect of the past financial year until February 8, 2024 (in €)– |
Multi-year variable compensation Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €)– |
Multi-year variable compensation PresentationN/A |
| Exceptional compensation | Exceptional compensation Amounts paid in respect of the past financial year until February 8, 2024 (in €)– |
Exceptional compensation Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €)– |
Exceptional compensation PresentationN/A |
| Stock options, performance shares or any other long-term benefit (warrants, etc.) | Stock options, performance shares or any other long-term benefit (warrants, etc.) Amounts paid in respect of the past financial year until February 8, 2024 (in €)– |
Stock options, performance shares or any other long-term benefit (warrants, etc.) Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €)– |
Stock options, performance shares or any other long-term benefit (warrants, etc.) PresentationN/A |
| Other benefits | Other benefits Amounts paid in respect of the past financial year until February 8, 2024 (in €)
2,203(1) |
Other benefits Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €)
2,203(1) |
Other benefits Presentation
This amount corresponds to the coverage by Publicis Groupe of unemployment insurance and the use of a company car. |
| Indemnities when taking or leaving a function | Indemnities when taking or leaving a function Amounts paid in respect of the past financial year until February 8, 2024 (in €) – |
Indemnities when taking or leaving a function Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €) – |
Indemnities when taking or leaving a function Presentation
No sum was awarded with respect to the past financial year. |
| Non-compete agreement | Non-compete agreement Amounts paid in respect of the past financial year until February 8, 2024 (in €) – |
Non-compete agreement Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €) – |
Non-compete agreement Presentation
No sum was awarded with respect to the past financial year. |
| Collective pension plan | Collective pension plan Amounts paid in respect of the past financial year until February 8, 2024 (in €)
413(1) |
Collective pension plan Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €)
413(1) |
Collective pension plan Presentation
This is the employer’s contribution to the PERCO. |
| Collective health and welfare insurance plans | Collective health and welfare insurance plans Amounts paid in respect of the past financial year until February 8, 2024 (in €)
491(1) |
Collective health and welfare insurance plans Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €)
491(1) |
Collective health and welfare insurance plans Presentation
This is the employer’s contribution to the collective health and welfare insurance plans. |
| Compensation by the Company within the scope of consolidation as per article L. 233-16 of the French Commercial Code | Compensation by the Company within the scope of consolidation as per article L. 233-16 of the French Commercial Code Amounts paid in respect of the past financial year until February 8, 2024 (in €) – |
Compensation by the Company within the scope of consolidation as per article L. 233-16 of the French Commercial Code Amounts awarded in respect of the past financial year until February 8, 2024 or accounting valuation (in €) – |
Compensation by the Company within the scope of consolidation as per article L. 233-16 of the French Commercial Code Presentation
Mr. Michel-Alain Proch did not receive any compensation other than that described in this document. |
