BPCE - 2019 Universal Registration Document
REPORT ON CORPORATE GOVERNANCE
RULES AND PRINCIPLES GOVERNING THE DETERMINATION OF PAY AND BENEFITS
PAY MIX FOR FISCAL YEAR 2019 The pay mix for members of the Management Board for fiscal year 2019 is as follows:
remuneration paid during the previous fiscal year to members of the Management Board and other BPCE employees whose professional activities have a material impact on the company or Group risk profile. OTHER ITEMS Members of the Management Board receive a company car allowance. Catherine Halberstadt receives an annual housing allowance of €40,000. Regarding the supplementary pension plan for executive directors, the estimated annual amount of the annuity resulting from potential entitlements reported at December 31, 2019 is €141,758 for Catherine Halberstadt and €102,439 for Christine Fabresse.
22.8 %
22.8 %
27.4 %
35.8 %
22.8 %
22.8 %
18.2 %
15.4 %
● Deferred
variable pay ● Non-deferred variable pay ● Fixed pay
54.4 %
54.4 %
54.4 %
48.8 %
Laurent Mignon
Christine Fabresse
Catherine Halberstadt
Nicolas Namias
François Riahi
In accordance with Article L. 511-73 of the French Monetary and Financial Code, the BPCE Annual General Shareholders’ Meeting will be consulted in 2020 on the budget for all types of
3
183
UNIVERSAL REGISTRATION DOCUMENT 2019 | GROUPE BPCE
Made with FlippingBook - professional solution for displaying marketing and sales documents online