FFP_REGISTRATION_DOCUMENT_2017

CORPORATE GOVERNANCE

Corporate officers’ remuneration and benefits of any kind

SHAREHOLDER APPROVAL OF THE FIXED SALARY, BONUSES AND EXCEPTIONAL PAYMENTS MAKING UP THE TOTAL REMUNERATION AND BENEFITS OF ANY KIND PAID OR AWARDED IN RESPECT OF THE FINANCIAL YEAR TO 31 DECEMBER 2017 TO ALAIN CHAGNON, CHIEF OPERATING OFFICER

Amounts or accounting value subject to the vote Presentation

Remuneration

Fixed salary

€75,000

Gross fixed salary set by the Board of Directors on 9 March 2017 (calculated on a pro rata basis on the date his corporate office ends). Set at a maximum of €160,000 (calculated on a pro rata basis on the date his corporate office ends). The bonus is determined using precise qualitative (capped at €96,000) and quantifiable criteria (capped at €64,000), the choice and weighting of which are approved each year at the beginning of the year by the Board of Directors on the recommendation of the Governance, Appointments and Remuneration Committee. For 2017, the bonus is based on:  W qualitative criteria linked to facilitation of Bertrand Finet’s integration within FFP, both internally and vis-à-vis external partners, and a smooth handover of responsibilities; and  W quantifiable criteria, which break down into two sub-criteria: • 50% linked to the performance of FFP’s NAV excluding PSA compared with that of the Eurostoxx 600 index on a dividends reinvested basis. If performance is positive and exceeds that of the Eurostoxx 600 index, this portion is triggered progressively, with the maximum allocation for a performance of over 6%, and • 50% linked to the absolute performance of FFP’s NAV excluding PSA. If performance is positive, this portion is triggered progressively, with the maximum allocation for a performance of over 8%. The bonuses paid to Alain Chagnon in respect of 2017 accounted for 40% of his fixed salary.

Annual bonus

€30,000

2

Deferred bonuses Long-term incentive plans

n/a n/a

Alain Chagnon does not receive any deferred bonuses.

Alain Chagnon does not benefit from any long-term incentive plans.

Exceptional payments n/a

Alain Chagnon did not receive any exceptional payments in respect of 2017.

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FFP

2017 REGISTRATION DOCUMENT