GROUPAMA / 2018 Registration document
CORPORATE GOVERNANCE AND INTERNAL CONTROL COMPENSATION PAID TO AND EQUITY INTERESTS OWNED BY DIRECTORS
Note that the compensation for the first year can be cancelled in the second year if the performanceof this second year is deemed insufficient; the same will be true for the third year. Each target is assessed independently of the others. In addition, there was no provision for payment of compensationin proportion to the rate of achievement of thetargets.
In order to be paid the reserved amount, there is a presence condition by virtue of which the officer must still be effective in the function at theend of the three-yearperiod. Two criteria were used to measure the achievementof the targets set for each year: the refinancing rate spread and a criterion related to the Group’s digital strategy.
Summary table of compensation, options and shares awarded (figures in euros) ı
3
Thierry Martel (Chief Executive Officer)
FY 2018
FY 2017
Compensation due forthe fiscalyear(detailedin thefollowing table)
1,196,524
1,272,466
Value of options awarded during the fiscalyear
Notapplicable
Notapplicable
Value of restricted equities awarded during the fiscalyear
Notapplicable
Notapplicable
Value of other long-term compensation plans
See § 3.3.2.8
See § 3.3.2.8
TOTAL
1,196,524
1,272,466
Summary table of compensation (figures in euros) ı
FY 2018
FY 2017
Thierry Martel (Chief Executive Officer)
Amounts due
Amounts paid
Amounts due
Amounts paid
Fixed compensation
660,000
660,000
660,000
660,000
Variable compensation
489,157
566,465
566,465
389,304
Extraordinary compensation
Notapplicable
Notapplicable
Notapplicable
Notapplicable
Directors’ fees
Notapplicable
Notapplicable
Notapplicable
Notapplicable
Benefits in kind (1)
47,367
47,367
46,001
46,001
TOTAL
1,196,524
1,273,882
1,272,466
1,095,305
Protection, healthcare, social insurance cover for company senior executives and Managers and vehicle benefits. (1)
Stock subscription or purchase options awarded during the year 3.3.2.2 to corporate officers Not applicable,as Groupama Assurances Mutuelles has never allocated stock subscriptionor purchaseoptions. Stock subscription or purchase options exercised during the year 3.3.2.3 by corporate officers Not applicable.
Bonus shares allocated during the year to executive officers 3.3.2.4 Not applicable,as Groupama Assurances Mutuelles has never issued abonus share plan.
Restricted stock vesting during the year for executive officers 3.3.2.5 Not applicable.
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REGISTRATION DOCUMENT 2018 - GROUPAMA ASSURANCES MUTUELLES
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