BPCE_REGISTRATION_DOCUMENT_2017
REPORT ON CORPORATE GOVERNANCE Rules and principles governing the determination of pay and benefits
PAY STATEMENT: MARGUERITE BÉRARD-ANDRIEU ➡
2
Fiscal year 2017
Fiscal year 2016
Management Board Member − Group Finance, Strategy, Legal Affairs and Secretary’s Office of the Governing Bodies (as of May 2, 2016)
Amount due (1) €600,000 €539,520 (b)
Amount paid (2)
Amount due (1) €331,989 €225,333 (a)
Amount paid (2)
Fixed pay
€331,989
€600,000 €112,667 (c)
Variable pay
€0 €0 €0 €0 €0
Multi-year variable pay
€0 €0 €0 €0
€0 €0 €0 €0
€0 €0 €0 €0
Exceptional pay
Benefits in kind (company car, housing and otherbenefits)
Attendance fees
Other pay
-
-
-
-
TOTAL €712,667 Variablepay in respectof 2016,of which€112,667(50%)paid in 2017and the balance(50%)deferredover three yearsin equalsharesof €37,556.MargueriteBérard-Andrieu,who resignedfrom (a) her office,will not collectthe deferredvariablepay for 2016 that was awardedto her by the SupervisoryBoardon February 9,2017. Variablepay for fiscalyear 2017, in the amountof €215,808(40%),paid in 2018. It shouldbe noted that MargueriteBérard-Andrieuwaivedher option to receivethe deferredportionsof her 2017 (b) variablepay. Amountpaid in 2017for the variableportiondue in respectof 2016 (€112,667). (c) €557,322 €331,989 €1,139,520
PAY STATEMENT: LAURENT ROUBIN ➡
Fiscal year 2017
Fiscal year 2016
Management Board Member – Retail Banking and Insurance (as of May 17, 2016)
Amount due (1)
Amount paid (2)
Amount due (1) €311,828 €211,481 (a)
Amount paid (2)
Fixed pay
€311,828
€500,000 €449,600 (c)
€500,000 €105,740 (d)
Variable pay
€0 €0 €0
Multi-year variable pay
€0 €0
€0 €0
€0 €0
Exceptional pay
Benefits in kind (company car, housing and otherbenefits)
€24,946 (b)
€24,946 (b)
€45,304 (b)
€45,304 (b)
Attendance fees
€0
€0
€0
€0
Other pay
-
-
-
-
TOTAL
€548,255
€336,774
€994,904
€651,044
Variablepay in respectof 2016,of which€105,740(50%)paid in 2017and the balance(50%)deferredover three yearsin equalsharesof €35,247. (a) Housing allowanceof €40,000and “car”allowanceof €5,304. (b) Variablepay in respectof 2017,of which€224,800(50%)paid in 2018and the balance(50%)deferredover three yearsin equalsharesof €74,933. (c) Amount paid in 2017for the variableportiondue in respectof 2016 (€105,740). (d)
➡
PAY STATEMENT: LAURENT MIGNON (a)
Fiscal year 2017
Fiscal year 2016
Amounts paid (2)
Amounts due (1)
Member of the Management Board – Chief Executive Officer of Natixis
Amounts due (1)
Amounts paid (2)
Fixed pay
NA NA NA NA
NA NA NA NA
NA NA NA NA
Variable pay
NA NA NA
Multi-year variable pay (b)
Exceptional pay
Benefits in kind (company car,housing and otherbenefits)
NA NA
NA NA
NA NA
NA NA
Attendance fees
Other pay (c) TOTAL (C)
€1,914,761 €1,914,761
€1,787,082 €1,787,082
€2,815,242 €2,815,242
€2,088,305 €2,088,305
LaurentMignon is not paid for his dutiesas a memberof the BPCEManagementBoard. (a) No multi-yearvariablepay or bonusshareplan was grantedduringthe 2016and 2017 fiscal yearsfor his dutiesas a memberof the BPCEManagementBoard. (b) LaurentMignonreceivespay fromNatixis,a companyunder the controlof BPCEas definedby ArticleL. 233-16of the FrenchCommercialCode, for his dutiesas ChiefExecutiveOfficerof Natixis. (c) On July 28,2016,LaurentMignonreceived47,463performancesharesvaluedat €160,000on that date,and on May 23,2017,he received29,911performancesharesvaluedat €192,000 at that date.
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Registration document 2017
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