EXEL Industries // 2020 Universal registration document

Report on Corporate Governance 7 Salary gap ratio

Salary gap ratio

7.5

2018/2019

2017/2018

2016/2017

2015/2016

2019/2020

Patrick BALLU

Mean

1.0

1.1

1.2

1.1

1.4

Holding company ratio

Median

1.2

1.3

1.4

1.4

1.7

Mean

2.2

2.3

EI France ratio

Median

2.7

2.7

Yves BELEGAUD

Mean

4.4

Holding company ratio

Median

5.2

Mean

9.5

EI France ratio

Median

11.3

Guerric BALLU

Mean

2.5

6.7

8.0

6.8

6.8

Holding company ratio

Median

3.0

8.0

9.6

8.6

8.5

Mean

5.5

14.1

EI France ratio

Median

6.6

16.7

Marc BALLU

Mean

5.2

5.3

5.6

5.5

6.7

Holding company ratio

Median

6.2

6.4

6.8

7.0

8.3

Mean

11.3

11.3

EI France ratio

Median

13.4

13.4

Cyril BALLU

Mean

2.4

2.2

2.2

2.1

1.8

Holding company ratio

Median

2.9

2.6

2.6

2.6

2.2

Mean

5.3

4.6

EI France ratio

Median

6.3

5.4

Daniel TRAGUS

Mean

3.8

Holding company ratio

Median

4.6

Mean

8.4

EI France ratio

Median

10.0

Franck BALLU

Mean

NM

NM

1.6

1.5

1.5

Holding company ratio

Median

NM

NM

1.9

1.9

1.9

Mean

NM

NM

EI France ratio

Median

NM

NM

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