Sopra Steria - 2019 Universal registration document

5 2019 CONSOLIDATED FINANCIAL STATEMENTS Notes to the consolidated financial statements

Share-based payments 5.4. The cost of the benefits granted to employees under stock option, free share and employee share ownership plans, which amounted to €11.1 million (€22.8 million in 2018), is charged to Profit from recurring operations . It consisted of a charge of €9.1 million corresponding to benefits granted to employees, mainly in respect of free performance share plans (€19.9 million in 2018, including €15.2 million in respect of the We Share 2018 employee share ownership plan and

€4.5 million in respect of free performance share plans), social security contributions relating to these plans for €2.1 million (€2.5 million in 2018), and management costs for the remainder. 5.4.1. Expenses related to free share plans totalled €7.6 million (compared with €4.5 million in 2018). Free performance share plans

Information on the rules of the main free share plans is set out below:

Sopra Steria plans June 2016 plan February 2017 plan February 2018 plan

Date set up by General Management and/or the Board of Directors Number of shares that may be granted Exchange ratio between Sopra Steria and Steria shares: # of Steria shares for 1 Sopra Steria share

24 June 2016

24 February 2017*

16 February 2018

88,500

109,000*

128,000

Not applicable

Not applicable

Not applicable

1 January 2016 to 31 December 2018

1 January 2017 to 31 December 2019

1 January 2018 to 31 December 2020

Performance measurement period

24 June 2016 to 31 March 2019 inclusive

24 February 2017 to 31 March 2020 inclusive*

16 February 2018 to 31 March 2021 inclusive

Vesting period

Mandatory holding period following the grant of shares

None

None

None

1) Consolidated revenue growth in 2016, 2017 and 2018 2) Level of consolidated operating profit on business activity in 2016, 2017 and 2018 3) Level of consolidated free cash flow in 2016, 2017 and 2018

1) Consolidated revenue growth in 2017, 2018 and 2019 2) Level of consolidated operating profit on business activity in 2017, 2018 and 2019 3) Level of consolidated free cash flow in 2017, 2018 and 2019

1) Consolidated revenue growth in 2018, 2019 and 2020 2) Level of consolidated operating profit on business activity in 2018, 2019 and 2020 3) Level of consolidated free cash flow in 2018, 2019 and 2020

Performance conditions stipulated in the plan

Number of potential shares that could have been granted as at 1 January 2019

52,618 52,287

67,432

97,999

Number of shares granted in 2019 Number of shares cancelled in 2019

-

-

331

3,496

19,427

Number of shares vested at 31 December 2019 Number of potential shares that could have been granted as at 31 December 2019

52,287

-

-

-

63,936 112.85*

78,572 153.80

Share price Risk-free rate Dividends paid

97.63

-

-

-

2.5%

2.5%

2.2%

Volatility

N/A

N/A

NA

(EXPENSE)/INCOME RECOGNISED IN THE INCOME STATEMENT FOR THE FINANCIAL YEAR IN MILLIONS OF EUROS

0.4

2.9

4.1

Including 5,000 shares granted following the Board of Directors’ decision at its meeting on 25 October 2017. The share price at that date was €157. (*)

176

SOPRA STERIA UNIVERSAL REGISTRATION DOCUMENT 2019