SCH2017_DRF_EN_Livre.indb

3 Corporate governance report

Interests and compensation of Group Senior Management

Corporate Officers’ compensation for 2017 This robust performance is reflected in the Corporate Officers’ compensation for 2017, as determined by the board in its meeting of February 14, 2018, strictly applying the principles and criteria approved by the shareholders and presented on pages 183 to 186.

The compensation or benefits of all kinds granted to the Corporate Officers for 2017 as detailed in this section are submitted to the shareholders for approval at the 2018 Shareholders' Meeting of April 24, 2018, under the 7 th and 8 th resolutions.

In accordance with AFEP/MEDEF recommendation, the following tables summarize the compensation and benefits due or granted to Messrs. Tricoire and Babeau for financial years 2016–2017: Reported compensation and benefits (as per AFEP/MEDEF methodology)

Jean-Pascal Tricoire Chairman & Chief Executive Officer

Amounts due for fiscal year 2017

Amounts due for fiscal year 2016

(in euros) A- Cash Compensation Base salary

950,000

950,000

Annual incentive Attendance fees

1,882,140

1,598,090

0

0

Sub total (A) (cash compensation)

2,832,140

2,548,090

B- Benefits in kind Valuation of the performance shares granted

3,219,240

2,575,800

Fringe benefit (car)

13,089

13,408

Sub total (B) (benefits in kind)

3,232,329

2,589,208

TOTAL (A) + (B) (PACKAGE WITHOUT PENSION) C- Pension cash benefit Complementary payment for pension building (fixed amount) Complementary payment for pension building (variable part)

6,064,469

5,137,298

182,000 360,578 542,578

182,000 306,160 488,160

Sub total (C) (pension cash benefit)

TOTAL (A) + (B) + (C) (CASH COMPENSATION, BENEFITS IN KIND AND PENSION CASH BENEFIT)

6,607,047

5,625,458

2017 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC

187