Sopra Steria - 2021 Combined General meeting
2 SOPRA STERIA GROUP PRESENTATION’S IN 2020 Compensation policy
Board of Directors 2.3.
" # # ! # !" # ! # ( Compensation policy applicable to members of the Board of Directors stipulates that the compensation referred to in Article L. 225-45 of the French Commercial Code must be apportioned in full between members participating in meetings of the Board and its committees (including both Directors and non-voting members) in proportion to their actual attendance at those meetings, whether in person or by telephone or video conference.
a coefficient of 1.2 applied to attendance by Directors who live p outside France at meetings of the Board and its committees. However, this extra weighting does not apply to Directors who are employees of a Group company. Compensation policy applicable to members of the Board of Directors is focused on regular attendance and encourages participation in one or more committees. It aims to compensate the increased burden placed upon Directors who live outside France. It compensates the additional work undertaken by Committee Chairmen as well as their responsibility to the Board of Directors. Committee Chairmen organise and oversee the work of their committees before reporting to the Board of Directors. " # # ! # !" ="$ " ! " Directorships held at Company subsidiaries are not compensated.
The total amount of that compensation is divided up in such way that an amount is reserved and then apportioned among the members of the Board of Directors and its committees as follows: 60%: Board of Directors; p 20%: Audit Committee; p 10%: Compensation Committee; p 10%: Nomination, Governance, Ethics and Corporate Responsibility p Committee. Additional weightings are applied based on attendance, as follows: a coefficient of 2.0 applied to attendance by Chairmen at p meetings of the committees they chair (each meeting attended counts double);
SOPRA STERIA NOTICE OF MEETING 2021
Made with FlippingBook - professional solution for displaying marketing and sales documents online