Universal Registration Document 2025

Board of directors

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.

/ Movements in Publicis Groupe free share plans over the last two financial years 2025
Movements in Publicis Groupe free share plans over the last two financial years
  2025 2024
Shares yet to vest as of January 1

Shares yet to vest as of January 1

2025

4,201,184

Shares yet to vest as of January 1

2024

5,151,357

Shares granted under plans implemented during the year

Shares granted under plans implemented during the year

2025

1,738,511

Shares granted under plans implemented during the year

2024

1,513,707

Deliveries, vesting of shares during the year

Deliveries, vesting of shares during the year

2025

(1,716,935)

Deliveries, vesting of shares during the year

2024

(1,673,636)

Shares granted and that have become lapsed

Shares granted and that have become lapsed

2025

(842,497)

Shares granted and that have become lapsed

2024

(790,244)

Shares yet to vest as of December 31

Shares yet to vest as of December 31

2025

3,380,263

Shares yet to vest as of December 31

2024

4,201,184

Effect of free share plans on profit (loss)

The total impact of these plans on the 2025 income statement equals to euro 89 million (excluding taxes and social security charges), compared to euro 91 million in 2024 (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, 2025, the probability of meeting the targets set in respect of the calculation of the 2025 expense has been estimated as follows:

  • for the one-year measured performance plans, in respect of 2025 performance: 100%, except for the Publicis Sapient LTI 2025 which performance was assessed at 40%, and the March Epsilon LTI 2025 and September Epsilon LTI 2025 plans which performance was assessed at 50%;
  • for performance plans measured over three years, regarding the performance of the three-year period and concerning plans implemented for the Chairman and Chief Executive Officer and former members of the Directoire (LTIP 2023 Membres du Directoire, LTIP 2023 Président du Directoire, LTIP 2024 Membres du Directoire, LTIP 2024 Président du Directoire et LTIP 2025 PDG): 100%.