Saint Gobain - Registration document 2016

6 CORPORATE GOVERNANCE

2. Management and Directors’ compensation

Management and Directors’ compensation 2.

2.1

COMPENSATION PAID TO DIRECTORS - ATTENDANCE FEES

at €1.1 million by the General Shareholders’ Meeting of June 5, 2014 with effect from January 1, 2015. Directors receive attendance fees which amount has been set The rules for distribution of attendance fees, applicable since the 2015 fiscal year, and agreed by the Board of Directors on September 25, 2014, are the following: the Chairman and Chief Executive Officer receives no ‹ attendance fees; attended during the year; the other Directors each receive a fixed amount of ‹ €24,750 per year plus €3,300 for each Board meeting Committee, the Nomination, Remuneration and Governance Committee, the Strategy and Corporate Social Responsibility the Chairmen and members of the Audit and Risk ‹ Committee (excluding Mr. Pierre-André de Chalendar) each receive a fixed amount of €5,500 and €2,750 per year,

respectively, plus a variable portion of €2,200 for each Committee meeting attended during the year; are pro-rated when terms of office begin or end during the course of a fiscal year; the amounts granted in respect of the fixed base amount ‹ the fees are paid in two half-yearly installments in arrears, ‹ with any balance available from the annual amount the prior year’s Board or Committee meetings. The variable fee represents the bulk of their compensation if Directors consistently attend both Board and Committee meetings. individual Director in respect of 2015 and 2016 are shown in Table 3 below. The total fixed and variable Director’s fees paid to each distributed at the beginning of the next year based on each Director’s or Committee member’s attendance rate at

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SAINT-GOBAIN - REGISTRATION DOCUMENT 2016

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