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DANONE
REGISTRATION DOCUMENT 2015
Corporate Governance
6.3 Compensation and benefits of corporate officers and governance bodies
259
As of December 31, 2015
Group performance unit plans outstanding
Total
Year of grant
2012
2013
2014
2015
Date of Board of Directors'
meeting granting the Group
performance units
7/26/2012
7/26/2013
7/24/2014
7/23/2015
Number of Group performance
units granted
1,042,424
1,019,636
967,017
927,439
3,956,516
Of which number granted to the
corporate officers
68,500
68,500
61,000
20,000
218,000
Number of beneficiaries
1,525
1,584
1,330
1,331
Group performance unit characteristics
Year paid
2015
2016
2017
2018
Objectives
Objectives set for
each of the 2012,
2013 and 2014
fiscal years
Objectives set for
each of the 2013,
2014 and 2015
fiscal years
Objectives set for
each of the 2014,
2015 and 2016
fiscal years
Objectives set for
each of the 2015,
2016 and 2017
fiscal years
Achievement of objectives
•
Achievement
of objectives for
fiscal year 2012
•
Objectives for
fiscal year 2013
not achieved;
•
Partial
achievement of
objectives for
fiscal years 2014
and 2015 at a rate
of €7 and €9,
respectively
•
Partial
achievement
of objectives for
fiscal year 2015
at a rate of €9
•
Objectives for
fiscal year 2013
not achieved
•
Partial
achievement
of objectives for
fiscal years 2014
and 2015 at a rate
of €7 and €9,
respectively
•
A review will
be conducted in
2017 to determine
whether the 2016
objectives were
achieved
•
A review will
be conducted
in 2017 and 2018
to determine
whether the
2016 and 2017
objectives were
achieved
•
Partial
achievement of
objectives for
fiscal year 2014
at a rate of €7
Unit value of Group
performance units
€17, since the
objectives were
partially achieved
€0, since no
objectives were
100% achieved
in 2013, 2014 and
2015
Maximum
€26, since the
objectives were
partially achieved
for 2014 and 2015
year
Maximum
€29, since the
objectives were
partially achieved
for 2015 year