MRM // 2022 Universal Registration Document

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Corporate governance

Report on corporate governance

2022

2021

2020

2019

2018

Mean remuneration of employees, excluding corporate officers

€97,650 €94,821 €95,255 €95,348 €90,619 +3.0% -0.5% -0.1% +5.2% +3.5%

Change N/N-1

Median remuneration of employees, excluding corporate officers

€85,483 €99,441 €96,780 €99,740 €92,336 -14.0% +2.7% -3.0% +8.0% +3.8% €250,454 €238,507 €282,508 €289,828 €265,712 +5.0% -15.6% -2.5% +9.1% -31.6% 256% 252% 297% 304% 293% +2.0% -15.2% -2.4% +3.7% -33.9% 293% 240% 292% 291% 288% +22.2% -17.8% +0.5% +1.0% -34.2%

Change N/N-1

Total remuneration of the Chief Executive Officer

Change N/N-1

Ratio to average remuneration of employees

Change in the N/N-1 ratio

Ratio to median remuneration of employees

Change in the N/N-1 ratio

In addition, the table below shows changes in the Group’s performance over the last five years:

2022

2021

2020

2019

2018

Consolidated net income Change N/N-1 Net operating cash flow Change N/N-1

-€3,582 thousand €5,603 thousand -€7,173 thousand €3,157 thousand -€10,428 thousand

-163.9%

-178.1%

-327.2%

-130.3%

+125.3%

€4,042 thousand €3,936 thousand €2,946 thousand €2,958 thousand €2,400 thousand

+2.7%

+33.6%

-0.4%

+23.3%

+38.5%

2.2.2 Remuneration of the Chairman of the Board of directors

At its meeting of 9 June 2022, the Board decided to use this budget to remunerate the attendance of independent directors and directors who are not employees of the SCOR group in the following proportions, linked in particular to market practices in terms of the amounts: • remuneration of €1,100 per Board meeting attended by the director; • remuneration of €550 per written consultation by the Board of directors in which the director has participated; • remuneration of €1,100 per Committee meeting attended by the director; • remuneration of €2,200 per Committee meeting attended by the director Chairman of the committee in question; • remuneration of €1,100 per director to be invested in Company shares.

François de Varenne, Chairman of the Company’s Board of directors, does not receive any remuneration from the Company or its subsidiaries. As a member of the Executive Committee of SCOR SE (the entity controlling the Company as defined by Article L.233-16 of the French Commercial Code), he receives remuneration and benefits from the latter. However, no remuneration is due or awarded to him as Chairman of the Board of directors of M.R.M.

2.2.3 Remuneration of the non-executive corporate officers

The remuneration set out by Article L.225-45 of the French Commercial Code (formerly referred to as “director’s fees”) is the only item of remuneration paid to non-executive corporate officers. The Ordinary General Meeting of 26 June 2020 decided to set the maximum total amount of this type of remuneration for directors at €65,000 until further notice.

M.R.M. 2022 UNIVERSAL REGISTRATION DOCUMENT

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