PERNOD-RICARD - URD 2021-22 EN
Corporate governance Compensation report
Collective healthcare and welfare schemes Mr César Giron qualifies for the collective healthcare and welfare schemes offered by Martell Mumm Perrier-Jouët under the same terms as those applicable for the category of employees to which he belongs for the determination of his employee benefits and other additional components of his compensation. Other benefits For FY22, Mr César Giron was provided with a company car. Mr Paul-Charles Ricard, Permanent Representative of Société Paul Ricard, member of the Board of Directors until 20 December 2021 and Innovation Manager at Martell Mumm Perrier-Jouët Fixed compensation Mr Paul-Charles Ricard receives gross fixed compensation for his duties as Innovation Manager at Martell Mumm Perrier-Jouët. For the period from 1 July 2021 to 20 December 2021, this compensation amounted to €34,006. Variable compensation Mr Paul-Charles Ricard is eligible for variable annual compensation equal to 15% of his fixed compensation if the (individual) qualitative objectives are achieved. During FY22, Paul-Charles Ricard received gross variable compensation of €10,294 for FY21. Amounts received in respect of employee profit-sharing plans Mr Paul-Charles Ricard is eligible for the profit-sharing plans in force at Martell Mumm Perrier-Jouët. During FY22, Mr Paul-Charles Ricard received €10,437 in profit-sharing schemes and €9,463 in “participation“. Collective healthcare and welfare schemes Mr Paul-Charles Ricard qualifies for the collective healthcare and welfare schemes offered by Martell Mumm Perrier-Jouët under the same terms as those applicable for the category of employees to which he belongs for the determination of his employee benefits and other additional components of his compensation. Other components of compensation No exceptional compensation/No allocation of stock options and/or performance shares/No compensation for termination of service/No supplementary pension scheme/No benefits in kind. Ms Patricia Ricard Giron, Permanent Representative of Société Paul Ricard, member of the Board of Directors since 21 December 2021, and Chairwoman of the Paul Ricard Oceanographic Institute Fixed compensation Ms Patricia Ricard Giron receives gross fixed compensation for her position as Chairwoman of the Paul Ricard Oceanographic Institute. For the period from 21 December 2021 to 30 June 2022, this compensation amounted to €41,378.
Variable compensation Ms Patricia Ricard Giron is eligible for variable annual compensation equal to 10% of her fixed compensation if the (individual) qualitative objectives are achieved. No payments occurred between 21 December 2021 and 30 June 2022. Amounts received in respect of employee profit-sharing plans Ms Patricia Ricard Giron is eligible for the profit-sharing schemes in force at Pernod Ricard France. No payments occurred between 21 December 2021 and 30 June 2022. Collective healthcare and welfare schemes Patricia Ricard Giron qualifies for the collective healthcare and welfare schemes offered by Pernod Ricard France under the same terms as those applicable to the category of employees to which she belongs for the determination of her welfare benefits and other additional components of her compensation. Other components of compensation No exceptional compensation/No allocation of stock options and/or performance shares/No compensation for termination of service/No supplementary pension scheme/No benefits in kind were received between 21 December 2021 and 30 June 2022. The conditions governing Directors’ compensation within the total annual amount of corporate officer compensation authorised by the General Meeting are determined by the Board of Directors on the basis of a recommendation from the Compensation Committee. Arrangements for allocating the compensation budget for FY22 Directors’ annual compensation comprises a fixed portion set at €20,000, with an additional €6,000 for members of the Audit Committee and €5,000 for members of the Strategic Committee, the Compensation Committee, the Nominations and Governance Committee, and the CSR Committee. The Chairman of the Audit Committee receives an additional sum of €14,000, while the Chairwomen of the Compensation Committee, the Nominations and Governance Committee, and the CSR Committee each receive an additional €8,500. The Lead Independent Director receives additional annual compensation of €40,000. Directors are also eligible for a variable portion, calculated on the basis of their attendance at Board and Committee meetings. The variable portion is €4,000 per meeting. Furthermore, in order to take account of distance constraints, an additional premium of €1,500 is paid to Directors who are not French tax residents, when they attend Board and/or Committee meetings. Directors who take part in Board meetings by video conference or conference call are not eligible for this additional amount. Compensation policy 2.8.4 for the members of the Board of Directors (11 th resolution)
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Pernod Ricard Universal Registration Document 2021-2022
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