2021 Universal Registration Document
CORPORATE GOVERNANCE
Corporate Officer remuneration
Pay equity ratio In accordance with the requirements of the French PACTE law, the following table presents the pay equity ratio and the annual evolution of compensation, pay equity ratio and company performance since 2018. The compensation date prior to 2018 is not available due to a change in the payroll system. The scope for calculating the ratio includes all legal entities in France, constituting a scope cpvering the different activities of teh group. Only employees present thoughout the year were included in the calculation.
The following elements of compensation were taken into account: fixed and variable compensation paid during the year in ● question (1) ; share awards recognized at IFRS value at the grant date; ● gross profit sharing awards; ●
benefits in kind such as company cars; ● divided equivalents paid during the year. ●
2021
2018
2019
2020
All figures are in Euros
FX rate EUR/USD
1,8110
1,1196
1,1405
1,1832
TOTAL COMPENSATION Chair of the Board
187,500
300,000
300,000
300,000
Chief Executive Officer
2,061,961
2,728,952
2,846,374
2,943,533
Executive Vice President
1,470,572
1,608,130
789,665
-
Executive Vice President
571,187
464,915
-
-
Average compensation BIC employees
54,934
55,781
49,682
48,931
Median compensation BIC employees
37,780
38,353
35,169
33,983
RATIOON AVERAGE SALARY Chair of the Board
3
5
6
6
Evolution N-1
-
+2 points
+ 1 point
=
Chief Executive Officer
38
49
57
60
Evolution N-1
-
+11 points
+ 8 points
+ 3 points
27
29
32
-
Executive Vice President
Executive Vice President
10
8
-
-
RATIOONMEDIAN SALARY Chair of the Board
5
8
9
9
Evolution N-1
-
+3 points
+ 1 point
=
Chief Executive Officer
55
71
81
84
Evolution N-1
-
+16 points
+10 points
+ 3 points
Executive Vice President
39
42
45
-
Executive Vice President
15
12
-
-
Net sales (m€)
1,949.8
1,949.4
1,627.9
1 ,813.9
The variable compensation paid in 2021 for FY 2020 is included in the 2021 data. (1)
180
• BIC GROUP - 2021 UNIVERSAL REGISTRATION DOCUMENT •
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