SOMFY - Annual financial report 2018

05 REPORT ON CORPORATE GOVERNANCE

Pierre RIBEIRO, Member of the Management Board

2018

2017

2016

Gross, €

due

paid

due

paid

due

paid

Basic fixed remuneration

360,000 360,000 340,000 340,000 330,000 330,000

Fixed remuneration – pension equivalent premium

73,387 25,000

73,387

67,270

67,270

– –

– –

Exceptional remuneration Annual variable remuneration

–

–

–

218,000 173,000 173,000 220,000 220,000 200,000

Incentive bonus, profit sharing, employer contributions

54,150

53,463

54,870

52,711

51,408

46,407 23,085

LTI premium

–

–

–

–

–

Benefits in kind

6,730

6,730

6,730

6,730

7,150

7,150

TOTAL

737,267 666,580 641,870 686,710 608,558 606,643

Members of the Supervisory Board

Amounts paid during the 2018 financial year

Amounts paid during the 2017 financial year

Amounts paid during the 2016 financial year

Gross, €

due

paid

due

paid

due

paid

Michel ROLLIER Attendance fees

5,400

5,400

3,600

3,600

3,600

3,600

Attendance fees as Chairman of the Supervisory Board

90,625

90,625

75,000

75,000

75,000

75,000

Paule CELLARD Attendance fees Victor DESPATURE Attendance fees Anthony STAHL* Attendance fees Florence NOBLOT Attendance fees Sophie DESORMIERE Attendance fees

14,400

14,400

12,800

12,800

14,400

14,400

17,800

17,800

16,200

16,200

18,000

18,000

–

–

–

–

–

–

4,800

4,800

3,200

3,200

–

–

8,000

8,000

4,800

4,800

–

–

Marie BAVAREL-DESPATURE Attendance fees

8,000

8,000

4,800

4,800

–

–

Bernard HOURS Attendance fees Jean DESPATURE Attendance fees Valérie PILCER Attendance fees

–

–

22,500

22,500

60,000

60,000

–

–

1,600

1,600

6,400

6,400

–

–

5,600

5,600

14,400

14,400

TOTAL

149,025 149,025 150,100 150,100 191,800 191,800

No longer wishes to receive attendance fees for this term of office. *

No remuneration was paid by the controlling entity.

PERFORMANCE-BASED OPTIONS AND SHARES ALLOCATED AND EXERCISED DURING THE FINANCIAL YEAR

During the financial year, no new options were allocated to members of the Management Board and no member exercised any options. Similarly, no new performance shares were allocated to members of the Management Board. For information, 300 performance shares allocated by Somfy to Jean Guillaume Despature vested on 30 June 2018 under the performance share allocation plan n°2. This plan was introduced on 21 February 2014, and Jean Guillaume Despature received these performance shares in respect of his employment contract.

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SOMFY – ANNUAL FINANCIAL REPORT 2018