NATIXIS - 2018 Registration document and annual financial report
2 CORPORATE GOVERNANCE
Policies and rules established for determining compensation and benefits of any kind for corporate officers
Non-executive directors
FY 2018 (a)
FY 2017 (b)
Amounts due
Amounts paid
Amounts due
Amounts paid
(in euros)
François Pérol (term of office ended on June 1, 2018) Directors’ fees Natixis director
0
0
0
0
Member of the Natixis Strategic Committee
N/A
N/A
0
0
In respect of BPCE and its subsidiaries
0
0
Other compensation BPCE fixed compensation
450,000 (k)
450,000 (k)
550,000
550,000
BPCE annual variable compensation
490,365 (l)
903,527 (m)
927,300 (n)
911,621 (o)
BPCE multi-year variable compensation
0
0
0
0
BPCE extraordinary compensation
0
0
0
0
Benefits in kind in respect of BPCE (company car, housing (o) , other)
0
0
0
0
Christophe Pinault (office held since December 20, 2018) Directors’ fees Member of the Natixis Risk Committee
N/A
N/A
N/A
N/A
Member of the Natixis Compensation Committee
N/A
N/A
N/A
N/A
Member of the Natixis Strategic Committee
N/A
N/A
N/A
N/A
In respect of Natixis subsidiaries
N/A
N/A
N/A
N/A
In respect of BPCE and its subsidiaries
N/A
N/A
N/A
N/A
Other compensation
N/A
N/A
N/A
N/A
Henri Proglio Directors’ fees Natixis director
22,000
22,000
22,000
22,000
Chairman of the Natixis Appointments Committee
19,000
19,000
17,000
17,000
Member of the Natixis Compensation Committee
6,000
6,000
5,000
5,000
Member of the Natixis Strategic Committee
2,000
2,000
2,000
2,000
Other compensation Philippe Sueur Directors’ fees Natixis director
22,000
22,000
22,000
22,000
Member of the Natixis Appointments Committee
4,000
4,000
3,000
3,000
Member of the Natixis Compensation Committee
N/A
N/A
1,213.69
1,213.69
Member of the Natixis Strategic Committee
2,000
2,000
2,000
2,000
In respect of Natixis subsidiaries
N/A
N/A
1,500
0
In respect of BPCE and its subsidiaries
N/A
N/A
600
600
Other compensation Nicolas de Tavernost
Directors’ fees Natixis director
22,000
22,000
22,000
22,000
Member of the Natixis Appointments Committee
4,000
4,000
3,000
3,000
Chairman of the Natixis Compensation Committee
23,000
23,000
23,000
23,000
Member of the Natixis Strategic Committee
2,000
2,000
2,000
2,000
Other compensation Amounts before 30% withholding tax. (a) Amounts before 36.5% withholding tax. (b) Variable compensation for fiscal year 2018 of which €217,985 (50%) paid in 2019 and the balance (50%) deferred over three years in equal shares of (c) €72,662. Amount paid in 2018 for the variable compensation for fiscal year 2017, i.e. €224,800 for the deferred portion of the variable compensation for fiscal year (d) 2016, i.e. €56,029. Variable compensation for fiscal year 2017, of which €224,800 (50%) paid in 2018 and the balance (50%) deferred over three years in equal shares of (e) €74,933. Amount paid in 2017 for the variable compensation for fiscal year 2016. (f) Of which €40,000 in housing allowance and €4,080 under "company car" benefits in kind. (g) Laurent Mignon received from Natixis, a company controlled by BPCE within the meaning of Article L. 233-16 of the French Code of Commerce, (h) compensation for his duties as CEO of Natixis, as well as compensation for his duties as the Chairman of the Natixis Board of Directors (see table AMF No. 2). On May 23, 2018, Laurent Mignon was awarded 11,661 free performance shares with a fair value of €47,460 corresponding to €80,000 when allocated, and on May 23, 2017, 29,911 free performance shares valued at €99,305 and corresponding to €192,000 when allocated. Variable compensation for fiscal year 2018, of which €228,837 (30%) in 2019 and the balance (70%) deferred over three years in equal shares of €177,984. (i) Before 12.8% withholding tax. (j) In addition, François Pérol received compensation of €39,193 for assisting the President of the Management Board with matters regarding the CFF as part of (k) an employment contract from June 1-30, 2018. Variable compensation for fiscal year 2018, of which €245,182 (50%) in 2019 and the balance (50%) deferred over three years in equal shares of €81,727. (l) Amount paid in 2018 for the variable compensation for fiscal year 2017, i.e. €370,920 for the deferred portion of the variable compensation for fiscal year (m) 2016, i.e. €138,672 for the deferred portion for fiscal year 2015, i.e. €183,622 and for the deferred portion for fiscal year 2014, i.e. €210,273. Variable compensation for fiscal year 2017, of which €370,920 (40%) in 2018 and the balance (60%) deferred over three years in equal shares of €185,460. (n) Amount paid in 2017 for the variable compensation for fiscal year 2016, i.e. €278,850 for the deferred portion of the variable compensation for fiscal year (o) 2015, i.e. €184,655 for the deferred portion for fiscal year 2014, i.e. €211,414 for the deferred portion for fiscal year 2013, i.e. €236,701.
98
Natixis Registration Document 2018
Made with FlippingBook HTML5