GECINA - REFERENCE DOCUMENT 2017

05

BOARD OF DIRECTORS’ REPORT ON CORPORATE GOVERNANCE Compensation

5.2.3

STANDARDIZED PRESENTATION OF THE COMPENSATION OF EXECUTIVE CORPORATE

OFFICERS In the interests of enhanced legibility and comparability of information on the compensation of executive corporate officers, all elements of the compensation of Mr. Bernard Michel and Ms. Méka Brunel are presented below in the form of tables, as recommended by the AMF and the AFEP-MEDEF Code (Table 3 appears in section 5.2.4 on the compensation of Directors).

TABLE SUMMARIZING THE COMPENSATION AND STOCK OPTIONS AND SHARES GRANTED TO EACH EXECUTIVE CORPORATE OFFICER (TABLE 1)

12/31/2016

12/31/2017

In €’000

Bernard Michel – Chairman of the Board of Directors Compensation due for the period (details in table 2)

558

558

Valuation of the multi-year variable compensation allocated during the period Valuation of stock options awarded during the period

N/A N/A 558

N/A N/A 558

Valuation of performance shares awarded during the period

TOTAL

Méka Brunel - CEO (1) Compensation due for the period (details in table 2)

1,101

Valuation of the multi-year variable compensation allocated during the period Valuation of stock options awarded during the period (details in table 4) Valuation of performance shares awarded during the period (details in table 6) TOTAL

N/A

N/A

1,101

Philippe Depoux – Chief Executive Officer (2) Compensation due for the period (details in table 2)

2,444

8

Valuation of the multi-year variable compensation allocated during the period Valuation of stock options awarded during the period (details in table 4) Valuation of performance shares awarded during the period (details in table 6)

N/A 300

N/A

TOTAL

2,744

8

Ms. Méka Brunel was appointed Chief Executive Officer on January 6, 2017. (1) Mr. Philippe Depoux was Chief Executive Officer from June 3, 2013 to January 6, 2017. (2)

168 GECINA - REFERENCE DOCUMENT 2017

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