The delivery of free shares under the above plans is subject to a presence condition throughout the vesting period.
Delivery is also subject to non-market performance conditions for all plans, as well as a market condition only for the LTIP 2022 Président du Directoire, LTIP 2023 Président du Directoire and LTIP 2024 Président du Directoire plans.
2024 | 2023 | |
---|---|---|
Shares yet to vest as of January 1 | Shares yet to vest as of January 120245,151,357 | Shares yet to vest as of January 1 2023 4,339,621 |
Shares granted under plans implemented during the year | Shares granted under plans implemented during the year 20241,513,707 |
Shares granted under plans implemented during the year 2023 2,149,023 |
Deliveries, vesting of shares during the year | Deliveries, vesting of shares during the year 2024(1,673,636) |
Deliveries, vesting of shares during the year 2023 (987,963) |
Shares granted and that have become lapsed | Shares granted and that have become lapsed 2024(790,244) |
Shares granted and that have become lapsed 2023 (349,324) |
Shares yet to vest as of December 31 | Shares yet to vest as of December 3120244,201,184 | Shares yet to vest as of December 31 2023 5,151,357 |
The total impact of these plans on the 2024 income statement was euro 91 million (excluding taxes and social security charges), compared to euro 85 million in 2023 (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, 2024, the probability of meeting the targets set in respect of the calculation of the 2024 expense has been estimated as follows: