PSA - 2019 Universal Registration Document

CORPORATE GOVERNANCE Compensation of company officers

Amounts paid during the 2019 financial year (in euros)

Amounts paid during the 2018 financial year (in euros)

Non-executive company officers

Frédéric BANZET Non-voting member Attendance fees Alexandre OSSOLA Non-voting member Attendance fees LV Haitao Non-voting member Attendance fees

20,000

20,000

20,000

18,500

18,500

18,500

TOTAL 1,036,166 In 2019, Mr Louis GALLOIS waived his compensation as Chairman of the Supervisory Board and the attendance fees due to him, as he did in (1) 2018. In 2019, Mr Robert PEUGEOT also received attendance fees as compensation member of the Management Committee of FAURECIA. To find (2) out the details of the compensation policy applied to the Board of Directors of Faurecia, as well as the amounts allocated to Mr Robert PEUGEOT, reference is made to the Universal Registration Document of FAURECIA. As a former executive of the Groupe PSA, he receives an additional pension of €160,030per year (former Article 39 scheme) paid by Axa. 1,057,300

In 2019, the amount of the attendance fees was prorated for Mr GeoffroyROUXDE BÉZIEUX,Mrs HelleKRISTOFFERSEN,Mr AN Tiechengand Mr HenriPhilippeREICHSTUL,whose terms of office ended during the year, and for Mr Gilles SCHNEPP and Mr de LA TOURD’ARTAISEwhose terms of office took effect in 2019.

In addition,the attendancefees due to LI Shaozhu,AN Tiecheng, LIU WeidongandLVHaitaowere paid toDMHK.

Remuneration ratios 3.2.7.

The following paragraph was drafted in accordance with the provisions of Article L. 225-37-3 paragraph 6 of the French Commercial Code and AFEP guidelines on multiples of compensationdated 28 January 2020. In accordancewith the AFEP-MEDEFCode, the ratio calculation method presented below includes all employees of Peugeot S.A. and PSA Automobiles S.A. for a scope representative of Groupe PSA’s operations in France. Ratios have been calculatedon the basis of the fixed and variable gross compensationpaid in the relevant financial years and the numberof performancesharesallocatedin the sameperiodsat fair value. For the purposesof comparabilityof ratios over time and of components,only recurring componentsof compensation(fixed

compensation,benefits in kind, annual variable compensationand performance shares) have been factored into the basis of calculation.In this respect,since the exceptionalbonuspaid to the Chairmanof the ManagingBoardas part of the acquisitionof Opel is non-recurring, it was not taken into account, nor were the bonusespaidto employees, in orderto allowratiosto be compared over time. The calculationmethodologyused is basedon full-timeequivalents with the annualisation of compensation in the event of an appointmentor departuremid-year. The benchmarkcohort is made up of people continuouslypresent over the relevant financial years, i.e. 55% manuals/operators, 19% technicians and supervisorsand26%managers.

2015

2016

2017

2018

2019

Company performance Adjusted operating income (in million euros)

2,733

3,235

3,978

5,689

6,324 +11.2%

Change N/N-1

+202% +18.4% +23.0% +43.0%

Adjusted operating margin

5.0%

6.0%

6.4%

7.7%

8.5%

Change N/N-1

+3.5pt

+1.0pt 1,730

+0.4pt

+1.3pt 2,827

+0.8pt

Net result, group share (in million euros)

899

1,924

3,201

Change N/N-1

+92.4%

+11.2% +46.9%

+13.2%

Employee compensation Average compensation (in thousand euros)

39.4

40.8

42.3

43.9

46.2

Change N/N-1

+3.6%

+3.8%

+3.8%

+5.2%

Median compensation (in thousand euros)

31.6

32.7

33.5

34.4

36.1

Change N/N-1

+3.5%

+2.4%

+2.7%

+4.9%

147

GROUPE PSA - 2019 UNIVERSAL REGISTRATION DOCUMENT