technicolor - 2019 Universal registration document
CORPORATE GOVERNANCE AND COMPENSATION COMPENSATION
REMINDER In the 2018 Universal Registration Document, this data was presented as follows (p. 111):
2019
2018
Amounts paid
Gross amounts (in euros, at comparable exchange rates) (1)
Amounts due
Fixed
995,214 372,210 (3)
995,214 418,851 (2)
Annual variable
Multi-annual variable
N/A N/A
N/A N/A
Directors’ fees Benefits in kind
11,840 (4)
10,108 (4)
TOTAL 1,425,905 The amounts reported are converted into euros, even though they are paid in part in U.S. dollars and in pounds sterling, based on the average exchange rates for 2018, i.e. (1) £0.88686 for €1 and U.S.$1.18052 for €1. 1,379,264
Variable compensation for 2017, paid in 2018. (2) Variable compensation for 2018, paid in 2019. (3) Car allowance in the amount of £10,500, corresponding to €11,840 on the basis of the average exchange rate of fiscal year 2018. (4)
SUMMARY OF THE COMPENSATION OF MR. FRÉDÉRIC ROSE
2019 (1)
2018 (1)(2)
4
Amounts due
Amounts due
Fixed
1,022,402
866,634 483,235
Variable
382,378
Directors’ fees Benefits in kind
N/A
N/A
11,964
10,108
Multi-annual variable
N/A
N/A
TOTAL
1,416,745
1,359,977
N/A N/A
N/A
Performance shares (LTIP): number of performance shares granted
Value of the shares on the grant date (3) N/A The amounts reported are converted into euros, even though they are paid in part in U.S. dollars and in pounds sterling, based on the average exchange rates for 2019, i.e. (1) £0.8776 for €1 and U.S.$1.12058 for €1. Restated at the exchange rate used for the conversion of the 2018 and 2019 compensation: average exchange rates for 2019. (2) According to IFRS 2, this valuation is re-estimated at the end of each fiscal year depending on the level of achievement of the performance conditions of the plan. (3)
STOCK OPTIONS GRANTED TOMR. FRÉDÉRIC ROSE DURING 2019 (TABLE NO. 4 OF ANNEX 4 TO THE AFEP-MEDEF CORPORATE GOVERNANCE CODE)
Nature of options
Valuation of the options
Number of options
Exercise price
Exercise period
No. and date of the plan
None
None
None
None
None
None
Mr. Rose was not granted any stock options during the course of the 2019 fiscal year.
131
TECHNICOLOR UNIVERSAL REGISTRATION DOCUMENT 2019
Made with FlippingBook Learn more on our blog