|
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 |
|---|---|---|---|
|
Fixed compensation |
Fixed compensation Amounts paid in respect of the past financial year (in €) 1,170,000 |
Fixed compensation Amounts awarded in respect of the past financial year or accounting valuation (in €) 1,170,000 |
Fixed compensation Presentation Proportion of fixed compensation (compared to the fixed and variable compensation paid): 25% Rules for determining the fixed compensation of Mr. Arthur Sadoun are summarized in Section 3.2.3.1 of this document. |
|
Annual variable compensation |
Annual variable compensation Amounts paid in respect of the past financial year (in €) 3,510,000 |
Annual variable compensation Amounts awarded in respect of the past financial year or accounting valuation (in €) 3,510,000 |
Annual variable compensation Presentation Proportion of variable compensation (compared to the fixed and variable compensation paid): 75% Variable compensation to be paid in 2026 for the 2025 financial year: After reviewing the performance achieved for each of the criteria indicated below and pursuant to the compensation policy adopted by the previous General Shareholders’ Meeting during the 2025 financial year, the Board of Directors set the variable compensation of Mr. Arthur Sadoun at euro 3,510,000 gross, of which the payment will be submitted to the General Shareholders’ Meeting of May 27, 2026 in its eighth resolution pursuant to article L. 22-10-34 II of the French Commercial Code. This amount results from the following facts and assessments shown below and in the table below. |
|
Multi-year variable compensation |
Multi-year variable compensation Amounts paid in respect of the past financial year (in €) – |
Multi-year variable compensation Amounts awarded in respect of the past financial year or accounting valuation (in €) – |
Multi-year variable compensation Presentation N/A |
|
Exceptional compensation |
Exceptional compensation Amounts paid in respect of the past financial year (in €) – |
Exceptional compensation Amounts awarded in respect of the past financial year or accounting valuation (in €) – |
Exceptional compensation Presentation N/A As a reminder, an exceptional grant was made in 2023 under the retention contract, the characteristics of which are described in Section 3.3.2.4 of the 2023 Universal Registration Document. |
|
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 (in €) 5,744,604 |
Stock options, performance shares or any other long-term benefit (warrants, etc.) Amounts awarded in respect of the past financial year or accounting valuation (in €) 3,612,924 |
Stock options, performance shares or any other long-term benefit (warrants, etc.) Presentation In 2025, Mr. Arthur Sadoun acquired 52,047 shares on March 19 and 9,996 shares on May 26 under the LTIP 2022 Président du Directoire. The amount paid in 2025 corresponds to the realized vesting gain. Mr. Arthur Sadoun was also granted 43,740 shares in 2025 under the LTIP 2025 PDG performance share plan. The amount awarded in 2025 corresponds to their valuation in the consolidated financial statements.(1) |
|
Other benefits |
Other benefits Amounts paid in respect of the past financial year (in €) – |
Other benefits Amounts awarded in respect of the past financial year or accounting valuation (in €) – |
Other benefits Presentation N/A |
|
Indemnities when taking or leaving a function |
Indemnities when taking or leaving a function Amounts paid in respect of the past financial year (in €) – |
Indemnities when taking or leaving a function Amounts awarded in respect of the past financial year or accounting valuation (in €) – |
Indemnities when taking or leaving a function Presentation No sum was awarded with respect to the past financial year. The severance payment described in Section 3.2.3.1 of this document which may be paid to Mr. Arthur Sadoun is equivalent to one year of total gross compensation (fixed and variable compensation paid) calculated on the average of the last 24 months of compensation, subject to performance conditions, i.e. an estimated amount of euro 4,621,500. |
|
Non-competition commitment |
Non-competition commitment Amounts paid in respect of the past financial year (in €) – |
Non-competition commitment Amounts awarded in respect of the past financial year or accounting valuation (in €) – |
Non-competition commitment 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 Sadoun is 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 plan
Presentation N/A |
| Collective health and welfare insurance plans | Collective health and welfare insurance plans
Amounts paid in respect of the past financial year (in €) 4,538 |
Collective health and welfare insurance plans
Amounts awarded in respect of the past financial year or accounting valuation (in €) 4,538 |
Collective health and welfare insurance plans
Presentation This is the employer’s contribution to the collective health and welfare insurance plans. |
| Employment contract | Employment contract
Amounts paid in respect of the past financial year (in €) No |
Employment contract
Amounts awarded in respect of the past financial year or accounting valuation (in €) No |
Employment contract
Presentation 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 Code
Presentation N/A |
| Compensation as Director | Compensation as Director
Amounts paid in respect of the past financial year (in €) 34,000 |
Compensation as Director
Amounts awarded in respect of the past financial year or accounting valuation (in €) 58,000 |
Compensation as Director
Presentation See details in Table 3. |
