EDF / 2019 Universal registration document

8. Additional information

Appendices – remuneration policy

Remuneration policy applicable to the Chairman and Chief Executive 8.4.2 Officer After consulting the Appointments, Remuneration and Governance Committee which met on 7 February 2020, the Board of Directors approved at its meeting on 13 February 2020 the remuneration policy described below for the Chairman and Chief Executive Officer:

Components of the remuneration

Amounts paid during the 2019 fiscal year

Amounts allocated for the 2019 fiscal year

Observation

On recommendation of the Appointments, Remuneration and Governance Committee, the Board of Directors, which met on 14 February 2019, decided to maintain the annual fixed gross remuneration of the Chairman and Chief Executive Officer at €450,000 for fiscal year 2019. This fixed annual remuneration, which corresponds to the ceiling provided for by the Decree of 9 August 1953, has remained unchanged since Mr. Lévy’s appointment as Chairman and Chief Executive Officer of EDF in 2014. On recommendation from the Committee, the Board which met on 13 February 2020 decided to maintain the fixed annual remuneration of the Chairman and Chief Executive Officer for the 2020 fiscal year at €450,000 gross. The Company does not have any stock option plans, performance shares or other long-term benefits. The Chairman and Chief Executive Officer does not receive any remuneration for his position as Director (see section III “Remuneration policy applicable to Directors”). This benefit corresponds to the provision of a company car. On recommendation of the Committee, the Board of Directors, which met on 13 February 2020, decided to maintain this benefit in kind for the Chairman and Chief Executive Officer for fiscal year 2020.

Fixed remuneration

€450,000

€450,000

Variable remuneration

None None

None None

Multi-year variable remuneration

Possibility of deferring or repaying the variable remuneration

n/a

n/a

Exceptional remuneration

None None

None None

Stock options, performance shares or other long-term benefits

Remuneration for serving as a Director

n/a

n/a

All types of benefits

€ 3,660

€ 3,660

Signing allowance

None None None None None

None None None None None

Severance pay or end-of-service allowance

Non-compete clause

Supplementary pension scheme

Remuneration paid or granted by a company included in the scope of consolidation within the meaning of Article L. 233-16 of the French Commercial Code

not applicable. n/a:

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EDF | Universal registration document 2019

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