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REGISTRATION DOCUMENT 2015
Corporate Governance
6.3 Compensation and benefits of corporate officers and governance bodies
276
Compensation and benefits paid to the corporate officers
Summary of compensation paid to the corporate officers
Total compensation due and value on the grant date of Group performance units and Group performance shares granted
during fiscal years 2014 and 2015 to each corporate officer (information required by the French Financial Markets Authority
recommendation related to disclosures in registration documents on the compensation of corporate officers – Table 1 of the
French Financial Markets Authority nomenclature)
Year ended December 31
(in €)
2014
2015
Franck RIBOUD
Annual compensation
(a)
2,886,808
2,004,620
Multi-annual variable compensation (accounting value of Group
performance units granted during the fiscal year)
(b)
675,000
−
Long-term variable compensation (accounting value of Group
performance shares granted during the fiscal year)
(c)
2,513,500
−
Total
6,075,308
2,004,620
Emmanuel FABER
Annual compensation(a)
1,458,935
2,244,620
Multi-annual variable compensation (accounting value of Group
performance units granted during the fiscal year)
(b)
486,000
580,000
Long-term variable compensation (accounting value of Group
performance shares granted during the fiscal year)
(c)
1,809,720
2,034,360
Total
3,754,655
4,858,980
(a) Amounts due, fixed and variable. See details hereafter.
(b) The maximum values are €29 per Group performance unit granted in 2015 and €26 per Group performance unit granted in 2014. The amounts paid relate to
the GPU actually paid during the year. As a reminder, the maximum theoretical values are always €30 per GPU at the time of the grant.
(c) The amount is the full value estimated as of the grant date in accordance with IFRS 2 on the assumption that the performance conditions have been satisfied
(see details above and Note 7.4 of the Notes to the consolidated financial statements).