Eurazeo / 2019 Universal Registration Document
Governance Compensation and other benefits received by corporate officers
Long-termcompensation In 2019, a total of 52,581 share purchase options were awarded to Olivier Millet who converted all of them to performance shares. Accordingly,Olivier Millet was ultimately awarded 17,527 performance shares in 2019, valued at €504,669, i.e. the equivalent of approximatelysix monthsshort-termfixed and variable compensation. The plan performance conditions and vesting periods are presented in Chapter 8,Section 8.4of this Universal RegistrationDocument.
During the fiscal year2019, the followingwas vested toOlivier Millet: 57 free shares dated May 13, 2019, as part of the plan dated • May 13, 2016. Other benefits Olivier Millet is covered by a senior executive insurance policy ( garantie sociale des chefs d'entreprise – GSC) and has a companycar. These two benefits were valued in benefits in kind in 2019 in the amount of €29,545.
TABLE 1 – SUMMARY OF COMPENSATION AND OPTIONS AND SHARES GRANTED TO OLIVIER MILLET DURING THE FISCAL YEAR
2019
2018
(In euros)
OlivierMillet– Chairmanof theExecutiveBoardof EurazeoPME– Memberof the ExecutiveBoard Compensation granted during the fiscal year (seeTable2)
937,887
1,000,790
Value ofoptions granted during the fiscal year (seeTable4)
-
-
Value offree sharesgranted during the fiscalyear (see Tables6 and6a)
504,669
- (1)
Value ofother long-term compensation plans
-
-
TOTAL
1,442,556
1,000,790
Thesharesgrantedin 2018werepriorto his appointmentto theExecutiveBoard (1)
TABLE 2 – SUMMARY OF OLIVIER MILLET’S COMPENSATION The table includescompensationpaid or grantedby a company within thegroup.
Amounts for 2019
Amounts for 2018
OlivierMillet (3)
granted (1) 450,000 112,500 337,500 458,342
paid (2)
granted (1) 450,000 112,500 337,500 522,158 130,540
paid (2)
Fixed compensation of whichEurazeo • of whichEurazeoPME • of whichEurazeo • of whichEurazeoPME • Annual variable compensation
450,000 112,500 337,500 522,158 130,540
450,000 112,500 337,500
- - - -
114,585 343,757
391,618
391,618
Special payments
-
-
-
Compensation awarded for duties as director
-
-
-
-
Benefits in kind (4) of whichEurazeo • of whichEurazeoPME •
29,545 2,413 27,132
29,545 2,413 27,132
28,632
28,632
2,184
2,184
26,448
26,448
TOTAL
937,887
1,001,703
1,000,790
478,632
Variablecompensationawardedin respectof a givenfiscalyear is paid in thenextfiscalyear. (1) Variablecompensationawardedin a givenfiscalyear is thatpayablein respectof thepreviousfiscalyear. (2) Thecompensationawardedto OlivierMilletconcernsbothhis dutiesas Chairmanof theEurazeoPMEExecutiveBoard(75%)andmemberof theEurazeo (3) ExecutiveBoard(25%). Companycarandseniorexecutiveinsurance. (4)
TABLE 4 – SHARE SUBSCRIPTION OR PURCHASE OPTIONS GRANTED TO OLIVIER MILLET DURING THE FISCAL YEAR Olivier Milletwas not grantedany share subscriptionor purchaseoptions duringthe fiscal year.
TABLE 5 – SHARE SUBSCRIPTION OR PURCHASE OPTIONS EXERCISED BY OLIVIER MILLET DURING THE FISCAL YEAR Olivier Milletdid not exerciseany share subscriptionor purchaseoptions during the fiscalyear.
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