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3
Compensation of Directors and Officers
Information about the Company |
Corporate Governance
| Reports
Mr. Jean-Yves Charlier resigned from his position as a member of the
Management Board, with effect from June 24, 2014.
His fixed compensation for 2014 amounted to €475,000 (pro rata).
At its meeting held on August 28, 2014, the Supervisory Board, upon
the recommendation of the Corporate Governance, Nominations and
Remuneration Committee, approved payment of Mr. Jean-Yves Charlier’s
variable portion for 2014, at the target level on a pro rata basis, which
was €570,000.
As the result of his resignation, Mr. Jean-Yves Charlier lost the benefit of
the supplemental retirement plan in effect at Vivendi SA.
■
■
3.3.1.5.
Summary of Gross Compensation Paid and the Value of Options and Performance Shares Granted to Each Member
of the Management Board in Fiscal year 2014 (AMF Recommendations, Table 1)
(in euros)
2013
2014
Arnaud de Puyfontaine
(1)
Chairman of the Management Board
Gross compensation paid (before taxes and social security contributions)
-
950,973
Book valuation of the options granted
-
na
Book valuation of the performance shares granted
-
1,713,000
Total
2,663,973
Hervé Philippe
(2)
Member of the Management Board and Chief Financial Officer
Gross compensation paid (before taxes and social security contributions)
-
353,788
Book valuation of the options granted
-
na
Book valuation of the performance shares granted
-
na
Total
353,788
Stéphane Roussel
(2)
Member of the Management Board and Senior Executive Vice President, Development and Organization
Gross compensation paid (before taxes and social security contributions)
-
373,554
Book valuation of the options granted
-
na
Book valuation of the performance shares granted
-
na
Total
373,554
Jean-François Dubos
(3)
Gross compensation paid (before taxes and social security contributions)
1,218,783
2,018,951
Book valuation of the options granted
na
na
Book valuation of the performance shares granted
(a)
2,257,367
na
Total
3,476,150
2,018,951
Jean-Yves Charlier
(4)
Gross compensation paid (before taxes and social security contributions)
-
1,066,316
Book valuation of the options granted
-
na
Book valuation of the performance shares granted
-
na
Total
1,066,316
na: not applicable – no grant of stock options in 2013.
(1)
Member of the Management Board since January 1, 2014 and Chairman of the Management Board since June 24, 2014.
(2)
Member of the Management Board since June 24, 2014 – data prorated.
(3)
Chairman of the Management Board until June 24, 2014 – data prorated.
(4)
Member of the Management Board until June 24, 2014 – data prorated.
(a)
The book value is calculated based on the adjusted number of options and performance shares. The applied value of the unit right is shown in the
financial statements pursuant to IFRS standards (Note 22 to the Consolidated Financial Statements in Chapter 4 describes the valuation of securities
settled through the issuance of shares). It is €11.79 for the performance shares granted in February 2013, €14.33 for the performance shares granted
in December 2013, and €17.13 for the performance shares granted in February 2014.
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Annual Report 2014