Universal Registration Document 2025

Board of directors

/ Performance shares granted to Mr. Arthur Sadoun in 2026
Performance shares granted to Mr. Arthur Sadoun in 2026
Plan Date of grant Vesting date Performance period Number of performance shares granted(1) % of the share capital
LTIP 2026 PDG

LTIP 2026 PDG

Date of grant

03/11/2026

LTIP 2026 PDG

Vesting date

03/11/2029

LTIP 2026 PDG

Performance period

2026-2028

LTIP 2026 PDG

Number of performance shares granted

(1)

54,498

LTIP 2026 PDG

% of the share capital

0.02%

/ History of the performance conditions of the plans granted to the Chairman and Chief Executive Officer
History of the performance conditions of the plans granted to the Chairman and Chief Executive Officer
Performance conditions Weight 2023 Plan Vesting scale Weight 2024 Plan Vesting scale Weight 2025 Plan Vesting scale
Organic growth Organic growth

Weight

35%

Organic growth

2023 Plan Vesting scale

  • 1st in the reference group: 124% of shares delivered
  • ≥ the weighted average of the reference group: 100% of shares delivered
  • Between 80% and 100%: the number of shares awarded is reduced by 5% for each 1% of performance recorded below 100%
  • <80% of the average of the reference group: no shares delivered
Organic growth

Weight

35%

Organic growth

2024 Plan Vesting scale

  • 1st in the reference group: 124% of shares delivered
  • ≥ the weighted average of the reference group: 100% of shares delivered
  • Between 80% and 100%: the number of shares awarded is reduced by 5% for each 1% of performance recorded below 100%
  • <80% of the average of the reference group: no shares delivered
Organic growth

Weight

50%

Organic growth

2025 Plan Vesting scale

  • 1st in the reference group: 100% of performance shares and 100% of overperformance shares delivered.
  • ≥ the weighted average of the reference group: 100% of performance shares delivered. No overperformance shares delivered
  • Between 80% and 100%: the number of performance shares awarded is reduced by 5% for each 1% of performance recorded below 100%. No overperformance shares delivered
  • <80% of the average of the reference group: no shares delivered
Operating margin Operating margin

Weight

35%

Operating margin

2023 Plan Vesting scale

  • Highest operating margin rate and +x bp of the Objective: 124% of shares delivered
  • Highest operating margin rate compared to the reference group: 100% of the shares delivered
  • Margin in 2nd position: 80% of the shares delivered
  • Margin in 3rd or 4th position: no shares delivered
Operating margin

Weight

35%

Operating margin

2024 Plan Vesting scale

  • Highest operating margin rate and +x bp of the Objective: 124% of shares delivered
  • Highest operating margin rate compared to the reference group: 100% of the shares delivered
  • Margin in 2nd position: 80% of the shares delivered
  • Margin in 3rd or 4th position: no shares delivered
Operating margin

Weight

50%

Operating margin

2025 Plan Vesting scale

  • Highest operating margin rate and +x bp of the Objective: 100% of performance shares delivered and 100% of overperformance shares delivered
  • Margin rate in 1st position: 100% of performance shares delivered. No overperformance shares delivered
  • Margin rate in 2nd position: 80% of the performance shares delivered. No overperformance shares delivered
  • Operating margin the in 3rd, 4th, 5th or 6th position: no shares delivered
TSR TSR

Weight

15%

TSR

2023 Plan Vesting scale

  • ≥ upper quartile of the CAC 40: 100% of shares delivered
  • Ranking between the median and the upper quartile: straight-line acquisition between 50% and 100% of the shares delivered
  • Below the median: no shares delivered
TSR

Weight

15%

TSR

2024 Plan Vesting scale

  • ≥ upper quartile of the CAC 40: 100% of shares delivered
  • Ranking between the median and the upper quartile: straight-line acquisition between 50% and 100% of the shares delivered
  • Below the median: no shares delivered
TSR

Weight

 

TSR

2025 Plan Vesting scale

n/a
CSR CSR

Weight

15% weighting in equal parts on each of the criteria

CSR

2023 Plan Vesting scale

100% of the shares delivered if the trajectory on the following priorities is met:

  • Diversity, equity and inclusion (45% of women holding key management positions by 2025)
  • Combating climate change (100% renewable energy by 2030, with an indicative checkpoint of 65% in 2025)
CSR

Weight

15% weighting in equal parts on each of the criteria

CSR

2024 Plan Vesting scale

100% of the shares delivered if the trajectory on the following priorities is met:

  • Diversity, equity and inclusion (46% of women holding key management positions by 2026)
  • Combating climate change (100% renewable energy by 2030, with an indicative checkpoint of 85% in 2026)
CSR

Weight

 

CSR

2025 Plan Vesting scale

n/a