FFP_REGISTRATION_DOCUMENT_2017

CORPORATE GOVERNANCE

Corporate officers’ remuneration and benefits of any kind

Corporate officers’ remuneration and benefits of any kind

2.7

The information in this document takes into account the recommendations laid down in the AFEP-MEDEF Code, AMF recommendation no. 2012-02 combining all the recommendations published since 2009 by the AMF applicable to companies stating that they refer to the AFEP-MEDEF Code, and the AMF’s 2017 report on corporate governance, directors’ remuneration, internal control and risk management.

TOTAL REMUNERATION PAID DURING 2017 TO CORPORATE OFFICERS BY THE COMPANY AND, WHERE APPROPRIATE, BY CONTROLLED AND CONTROLLING COMPANIES

2

FFP Controlled companies Controlling company (1)

(€)

Robert Peugeot Chairman and Chief Executive Officer

692,715

None

38,000

Jean-Philippe Peugeot Vice-Chairman and Director

81,226

None

508,153 (2)

Marie-Hélène Peugeot-Roncoroni Vice-Chairman and Director Georges Chodron de Courcel Director

84,140

None

111,190 (3)

69,226

None

None

Luce Gendry Director

66,312

None

None

Dominique Netter Director Christian Peugeot Director Xavier Peugeot Director Patrick Soulard Director

53,726

None

None

53,726

None

68,000

53,726

None

30,000

69,140

None

None

Marie-Françoise Walbaum Director

69,140

None

None

Alain Chagnon Chief Operating Officer (until 9 March 2017) Bertrand Finet Chief Operating Officer (since 2 January 2017)

235,699

None

None

552,986

None

None

(1) This refers to Établissements Peugeot Frères (EPF). (2) This refers, in addition to attendance fees, to the remuneration paid to Jean-Philippe Peugeot, in his capacity as Chairman and Chief Executive Officer of EPF. (3) This refers, in addition to attendance fees, to the remuneration paid to Marie-Hélène Peugeot-Roncoroni, in her capacity as Chief Operating Officer of EPF.

PRINCIPLES UNDERPINNING THE REMUNERATION OF MEMBERS OF FFP’S BOARD OF DIRECTORS In connection with the overall allocation of attendance fees authorised by FFP’s Annual General Meeting, directors’ remuneration is determined by the Board of Directors on the recommendation of the Governance, Appointments and Remuneration Committee. For the record, an allocation of €660,000 was authorised by shareholders at the Annual General Meeting on 9 June 2011 (1) . At the Board of Directors’ meeting on 6 July 2017, a decision was made to alter the allocation of attendance fees with a larger variable portion, in accordance with the recommendations of the AFEP- MEDEF’s Corporate Governance Code.

Directors’ annual remuneration consists of a fixed sum of €15,000 plus a variable allotment of €4,000 for each Board meeting attended. A specific allocation of €15,000 is paid to the two Vice-Chairmen. Each committee member receives €2,000 p.a. in fixed remuneration, plus a variable allocation of €3,500 per committee meeting attended, subject to a cap of €10,500 p.a. The Chairman of each committee receives a fixed allocation of €5,000. The Chief Operating Officer does not receive attendance fees.

(1) A proposal will be submitted at the Annual General Meeting on 17 May 2018 to set the total allocation of attendance fees at €850,000.

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FFP

2017 REGISTRATION DOCUMENT