EXEL Industries // 2020 Universal registration document

Report on Corporate Governance 7

Remuneration of the Company’s corporate o ffi cers

7.4.2.2 Remuneration of the Executive Management The amounts “paid” during the 2019/2020 fi scal year correspond to the amounts actually received by each member of the Executive Management. The amounts “awarded” in respect of the 2019/2020 fi scal year correspond to the remuneration awarded for duties performed during the 2019/2020 fi scal year, regardless of the date of payment. These amounts include all remuneration paid by Group companies during the fi scal year.

Guerric BALLU

2018/2019

2019/2020

Guerric BALLU – Group Chief Executive O ffi cer

Amounts paid Amounts awarded Amounts paid

Amounts awarded

Fixed remuneration

82,525

82,525

367,077

367,077

Annual variable remuneration

-

65,000

65,000

117,000

Multi-year variable remuneration Exceptional remuneration

42,000*

Pension payment and special remuneration Director remuneration

7,200

7,200

16,000

16,000

Services rendered Bene fi ts in kind

12,351

12,351

28,595

28,595

TOTAL

102,076

209,076

476,672

528,672

* Directly by EXEL SAS. Guerric BALLU left the Group on December 17, 2019.

Yves BELEGAUD

2018/2019

2019/2020

Yves BELEGAUD – Group Chief Executive O ffi cer

Amounts paid Amounts awarded Amounts paid

Amounts awarded

Fixed remuneration

240,000

240,000

Annual variable remuneration

40,000

-

Multi-year variable remuneration Exceptional remuneration Pension payment and special remuneration Director remuneration Services rendered

120,000

120,000

Bene fi ts in kind TOTAL

400,000

360,000

-

-

Yves BELEGAUD has been Chief Executive O ffi cer of EXEL Industries since December 17, 2019; he bene fi ts from health insurance and employee welfare arrangements.

Marc BALLU

2018/2019

2019/2020

Marc BALLU – Deputy Chief Executive O ffi cer

Amounts paid Amounts awarded Amounts paid

Amounts awarded

Fixed remuneration

275,699

275,699

270,753

270,753

Annual variable remuneration

67,214

46,984

46,703

41,352

Multi-year variable remuneration Exceptional remuneration Pension payment and special remuneration Director remuneration

16,000

16,000

16,000

16,000

Services rendered Bene fi ts in kind

88,539

88,539

96,469

96,469

TOTAL

447,452

427,222

429,925

424,574

Marc BALLU bene fi ts from health insurance and employee welfare arrangements.

EXEL Industries group I 2020 Universal Registration Document

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