PSA_GROUP_REGISTRATION_DOCUMENT_2017

COMBINED SHAREHOLDERS’ MEETING ON 24 APRIL 2018 Report of the Managing Board on the Resolutions presented at the Combined Shareholders’ Meeting on 24 April 2018

COMPONENTS OF THE 2017 COMPENSATION AND BENEFITS DUE OR AWARDED TO CARLOS TAVARES , CHAIRMAN OF THE MANAGING BOARD ( SIXTEENTH RESOLUTION )

Type of compensation/ Related benefits

Amounts or accounting value submitted for approval

Presentation

Fixed compensation

€1,300,000

Gross salary set by the Supervisory Board on 22 February 2017, based on the recommendation of the Appointments, Compensation and Governance Committee. Gross bonus set by the Supervisory Board on 28 February 2018 based on the recommendation of the Appointments, Compensation and Governance Committee. On 28 February 2018, the Supervisory Board reviewed the degree to which the targets that had been set at its meeting of 22 February 2017 had been achieved and established that: the double trigger threshold for the payment of the variable component > had been achieved (positive recurring operating income for the Automotive Division and positive Group operating free cash flow for 2017). the overachievement of the financial targets set for all members of the > Managing Board brought the rate of achievement to 110,97% for Carlos TAVARES (with growth in Automotive Division operating margin and revenue accounting for 32% of the maximum individual variable compensation, and vehicle and service quality accounting for 8%). the 100% achievement of Carlos TAVARES’ individual targets (Group > recurring operating income (+100% BPF +50% China JV) accounting for 10% and workplace safety accounting for 10% of the maximum individual variable compensation). As a result, the Supervisory Board considered that Carlos TAVARES had achieved 108,78% of his 2017 targets and therefore awarded him variable compensation of €2,403,954, i.e. 184.92% of his fixed compensation, versus a target of 200%. For more details, see Section 3.2 of the 2017 Registration Document

Variable compensation

€2,403,954

Deferred compensation

N/A

No deferred compensation plan. No long-term incentive bonus plan.

Long-term incentive bonus N/A Stock options or other forms of long-term compensation (other than performance shares)

Stock options = N/A

No stock option plan.

Exceptional compensation €1,000,000

Exceptional compensation awarded by the Supervisory Board on 24 October 2017, based on the recommendation of the Appointments, Compensation and Governance Committee. This exceptional compensation relates to the development and implementation of the “PACE!” recovery plan for Opel Vauxhall, following the acquisition of the latter, designed to boost the economic recovery of Opel Vauxhall. For more details, see Section 3.2 of the 2017 Registration Document.

286

GROUPE PSA - 2017 REGISTRATION DOCUMENT