The average attendance rates at meetings in 2022 were 97.5% for the Board of Directors, 100% for the Strategy and Sustainable Committee, 93.5% for the Audit Committee, 100% for the Nominations and Governance Committee and 91.5% for the Human Resources and Remuneration Committee.
It should be noted that neither Mr Jean-Paul Agon nor Mr Nicolas Hieronimus receive any remuneration as Directors, neither Mr Jean-Paul Agon nor Mr Nicolas Hieronimus receive any remuneration as Directors of the Group’s companies.
| Directors |
Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings |
Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), |
|---|---|---|
| Mr Jean-Paul Agon | Mr Jean-Paul Agon Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 0 |
Mr Jean-Paul Agon Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 0 |
| Mr Nicolas Hieronimus | Mr Nicolas Hieronimus Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 0 |
Mr Nicolas Hieronimus Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 0 |
| Ms Ana Sofia Amaral (2) | Ms Ana Sofia Amaral (2)Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 14,375 |
Ms Ana Sofia Amaral (2)Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 87,000 |
| Ms Sophie Bellon | Ms Sophie Bellon Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 120,000 |
Ms Sophie Bellon Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 142,750 |
| Ms Françoise Bettencourt Meyers | Ms Françoise Bettencourt Meyers Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 107,000 |
Ms Françoise Bettencourt Meyers Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 107,000 |
| Mr Paul Bulcke | Mr Paul Bulcke Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 107,000 |
Mr Paul Bulcke Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 107,000 |
| Mr Patrice Caine | Mr Patrice Caine Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 95,500 |
Mr Patrice Caine Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 102,000 |
| Ms Fabienne Dulac | Ms Fabienne Dulac Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 96,000 |
Ms Fabienne Dulac Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 108,250 |
| Ms Belén Garijo | Ms Belén Garijo Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 70,550 |
Ms Belén Garijo Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 78,775 |
| Ms Béatrice Guillaume-Grabisch | Ms Béatrice Guillaume-Grabisch
Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 94,000 |
Ms Béatrice Guillaume-Grabisch
Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 94,000 |
| Mr Thierry Hamel (2) | Mr Thierry Hamel (2)Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 57,500 |
Mr Thierry Hamel (2)Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), - |
| Ms Ilham Kadri (1) | Ms Ilham Kadri (1)Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 86,000 |
Ms Ilham Kadri (1)Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 75,500 |
| Mr Georges Liarokapis (2) | Mr Georges Liarokapis (2)Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 16,500 |
Mr Georges Liarokapis (2)Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 100,500 |
| Mr Jean-Victor Meyers | Mr Jean-Victor Meyers Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 84,000 |
Mr Jean-Victor Meyers Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 90,250 |
| Mr Nicolas Meyers | Mr Nicolas Meyers Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 94,000 |
Mr Nicolas Meyers Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 87,750 |
| Ms Virginie Morgon | Ms Virginie Morgon Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 119,000 |
Ms Virginie Morgon Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 125,500 |
| Mr Alexandre Ricard (1) | Mr Alexandre Ricard (1)Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 79,000 |
Mr Alexandre Ricard (1)Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), 64,714 |
| Mr Benny de Vlieger (2) | Mr Benny de Vlieger (2)Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 57,500 |
Mr Benny de Vlieger (2)Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), - |
| TOTAL | TOTAL
Remuneration awarded for 2022 paid in 2023 (in euros) 7 Board meetings (of which 6 paid) 19 Committee meetings 1,297,925 |
TOTAL
Remuneration awarded for 2021 paid in 2022 (in euros) 8 Board meetings (of which 7 paid), |
(1) Director who joined a Board Committee in 2022.
(2) Directors whose term of office began or ended during the 2022 financial year.
At its meeting of 9 February 2022, and on the recommendation of the Human Resources and Remuneration Committee, the Board of Directors decided to maintain Mr Nicolas Hieronimus’s fixed annual remuneration at the gross amount of €2,000,000.
With regard to Mr Nicolas Hieronimus’ annual variable remuneration for 2022, the target was set at €2,000,000 gross on an annual basis, or 100% of his fixed remuneration, with a maximum of 120% of fixed remuneration in the event of out performance, or €2,400,000 gross. This sum represents the maximum amount of variable remuneration that may be paid to him.
At its meeting on 9 February 2022, the Board of Directors had set the variable remuneration criteria applicable for 2022 and the respective weighting of such criteria. Financial criteria represent 60% of the variable remuneration while non-financial criteria represent 40%. The financial criteria are directly correlated with the Company’s economic performance indicators: growth in sales and market share as compared to its main competitors, in operating profit, earnings per share(EPS) and cash-flow.
On 9 February 2023, the Board of Directors, on the basis of the recommendations of the Human Resources and Remuneration Committee, assessed the performance of Mr Nicolas Hieronimus. The rate of achievement was 113% of objectives, i.e. a rate of achievement of 113.7% for financial criteria and 111.9% for non‑financial and qualitative criteria.
It was thus decided that, in respect of annual variable remuneration for 2022, Mr Nicolas Hieronimus would be awarded an amount of €2,260,000.
