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3
Compensation of Directors and Officers
Information about the Company |
Corporate Governance
| Reports
Mr. Jean-Yves Charlier
Compensation elements
(fiscal year 2014)
Amounts or value
(before taxes and social
security contributions) Description
Fixed compensation (full year)
€475,000
Gross fixed compensation approved by the Supervisory Board on December 11, 2013,
upon the recommendation of the Human Resources Committee.
2013 variable compensation paid in 2014 na
2014 variable compensation paid in 2014 €570,000
At its meeting held on August 28, 2014, upon the recommendation of the Corporate
Governance, Nominations and Remuneration Committee, the Supervisory Board
approved the variable elements of the compensation of Mr. Jean-Yves Charlier in
respect of 2014. They total his target bonus (prorata temporis) (see Section 3.3.1.4),
which was paid to him upon his departure.
Variable deferred compensation
na
Mr. Jean-Yves Charlier did not receive variable deferred compensation.
Multi-year variable compensation
na
Mr. Jean-Yves Charlier did not receive multi-year variable compensation.
Extraordinary compensation
na
Mr. Jean-Yves Charlier did not receive extraordinary compensation.
Stock options
na
The Company stopped awarding stock options in 2013.
Performance Shares
na
Mr. Jean-Yves Charlier was not granted any performance shares in 2014.
Director’s attendance fees
na
As for all corporate Directors at group headquarters, Jean-Yves Charlier received
no attendance fees.
Benefits in kind
€21,316
Company car without driver and common profit-sharing (collective agreement
in force at Vivendi).
Deferred compensation elements
owed or granted in 2014 that were
subject to prior approval of the
General Shareholders’ Meeting under
the procedure applying to regulated
agreements and commitments
Amount
Description
Severance payment
No payment
Mr. Jean-Yves Charlier received no severance payment in respect of his corporate
office.
Non-competition payment
No payment
Mr. Jean-Yves Charlier did not receive payment of this kind.
Supplemental retirement plan
No payment
Given his departure from the group, Mr. Jean-Yves Charlier is no longer entitled
to the Vivendi SA supplemental retirement plan.
na: not applicable.
3.3.2.
Highest Compensation Paid within the Group
In fiscal year 2014, the compensation of the ten highest-paid Vivendi SA
officers in France totaled €16.24 million, including benefits in kind. In
2014, the total compensation for the ten highest-paid officers in the group
as a whole was €45.09 million, including benefits in kind.
Consistent with current rules of ethics in the Vivendi group, corporate
Directors or executives have waived their receipt of attendance
fees for meetings as Directors or permanent representatives of
company subsidiaries, as defined by Article L.233-16 of the French
Commercial Code.
139
Annual Report 2014