ORANO // Annual Activity Report 2024
CORPORATE GOVERNANCE AND GENERAL INFORMATION
Compensation of corporate of fi cers
the Minister of the Economy, Finance and Recovery on May 13, 2022, in accordance with Article 3 of Decree No. 53-707 of August 9, 1953, as amended, concerning the French State’s control of domestic public-sector companies and certain organizations with an economic or social purpose. In addition, the Board of Directors, at its meeting of October 3, 2023, decided to award to Claude IMAUVEN a gross annual fi xed compensation of 330,000 euros on a prorata temporis basis and for the duration of his term of of fi ce as Interim Chief Executive Of fi cer. No other component of compensation was awarded to him for these duties. This decision was approved in principle on November 10, 2023 by the Minister of the Economy, Finance and Industrial and Digital Sovereignty in accordance with Article 3 of Decree No. 53-707 of August 9, 1953, as amended, concerning the French State’s control of domestic public-sector companies and certain organizations with an economic or social purpose.
5.2.2.2 Compensation of
Claude IMAUVEN for the 2024 fi nancial year
During the 2024 fi nancial year, Claude IMAUVEN served as Chairman of the Board of Directors for the entire fi nancial year. During the 2023 fi nancial year, Claude IMAUVEN also served as Interim Chief Executive Of fi cer from October 3 to November 15, 2023. The compensation paid or allocated to him in this respect is presented below. The Chairman of the Board of Directors is entitled to a fi xed annual component of 120,000 euros gross as from his or her election by the Board of Directors, for the duration of his or her term of of fi ce. This decision was approved in principle for the entire term of of fi ce of the Chairman of the Board of Directors (renewed for a term of four years at the Board of Directors’ meeting of April 28, 2022) by
SUMMARY TABLE OF THE GROSS COMPENSATION AWARDED TO CLAUDE IMAUVEN, CHAIRMAN OF THE BOARD OF DIRECTORS (Table No. 1 of Appendix 2 of the AMF Position-Recommendation – DOC-2021-02)
2023 Financial year 2024 Financial year
(in euros)
CLAUDE IMAUVEN Chairman of the Board and Interim Chief Executive Of fi cer Compensation awarded in respect of the fi nancial year as Chairman of the Board (detailed in the table below) Compensation awarded in respect of the fi nancial year as Interim Chief Executive Of fi cer (detailed in the table below) from October 3 to November 15, 2023
120,000
120,000
40,000
n/a n/a n/a n/a n/a
Valuation of multi-year variable compensation awarded during the fi nancial year
n/a n/a n/a n/a
Valuation of options awarded during the fi nancial year
Valuation of free shares awarded
5
Valuation of other long-term compensation plans
TOTAL
160,000
120,000
n/a: not applicable.
SUMMARY TABLE OF THE COMPENSATION RECEIVED BY CLAUDE IMAUVEN FOR HIS POSITION AS CHAIRMAN OF THE BOARD OF DIRECTORS (Table No. 2 of Appendix 2 of the AMF Position-Recommendation – DOC-2021-02)
2024 Financial year
2023 Financial year
Amounts awarded (1)
Amounts paid (2)
Amounts awarded (1)
Amounts paid (2)
(in euros)
CLAUDE IMAUVEN Chairman of the Board and Interim Chief Executive Of fi cer Fixed compensation as Chairman of the Board Fixed compensation as Interim Chief Executive Of fi cer from October 3 to November 15, 2023
120,000
120,000
120,000
120,000
40,000
40,000
n/a n/a n/a n/a
n/a n/a n/a n/a
Annual variable compensation Multi-year variable compensation
n/a n/a n/a
n/a n/a n/a
Exceptional compensation
Compensation allocated for the term of of fi ce as Director
0
0
0
0
Bene fi ts in kind
n/a
n/a
n/a
n/a
TOTAL
160,000
160,000
120,000
120,000
n/a: not applicable. (1) Compensation awarded for the fi nancial year, regardless of the payment date. (2) Total compensation paid during the fi nancial year.
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Orano - Annual Activity Report 2024
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