FFP_REGISTRATION_DOCUMENT_2017

CORPORATE GOVERNANCE

Corporate officers’ remuneration and benefits of any kind

Table 9 – History of performance share allotments

Disclosures concerning performance shares

Plan no. 1

Plan no. 2 3/05/2016

Date of the Annual General Meeting 3/05/2016

Date of Board of Directors’ meeting/ allotment date Total number of shares allotted, o/w:

7/07/2016

9/03/2017

17,277

29,063 12,823

Corporate officers: Robert Peugeot

6,314 4,164 2,150

2

5,508 2,582 4,733

Alain Chagnon Bertrand Finet

Not applicable

Share vesting date

7/07/2019

9/03/2020

End date of lock-up period Performance conditions

Not applicable

Not applicable

 W Absolute performance criteria: definitive vesting of one-third of the shares allotted if the rise in FFP’s total NAV (including PSA) averages 5% p.a. over the period from 31 December 2016 to 31 December 2019.  W Relative performance criteria (straight-line vesting): • definitive vesting of a maximum of one-third of the shares allotted if the increase in FFP’s NAV excluding PSA exceeds that in the Eurostoxx 600 index (dividends reinvested) by up to 75bp p.a. over the period from 31 December 2016 to 31 December 2019 (i.e. by 225bp over 3 years); • definitive vesting of a maximum of one-third of the shares allotted if the increase in FFP’s NAV excluding PSA exceeds that in the Eurostoxx 600 index (dividends reinvested) by more than 75bp p.a. up to a cap of 150bp p.a. over the period from 31 December 2016 to 31 December 2019 (i.e. by 450bp over 3 years).

 W Absolute performance criteria: definitive vesting of one-third of the shares allotted if the rise in FFP’s total NAV (including PSA) averages 5% p.a. over the period from 31 December 2015 to 31 December 2018.  W Relative performance criteria (straight-line vesting): • definitive vesting of a maximum of one-third of the shares allotted if the increase in FFP’s NAV excluding PSA exceeds that in the Eurostoxx 600 index (dividends reinvested) by up to 75bp p.a. over the period from 31 December 2015 to 31 December 2018 (i.e. by 225bp over 3 years); • definitive vesting of a maximum of one-third of the shares allotted if the increase in FFP’s NAV excluding PSA exceeds that in the Eurostoxx 600 index (dividends reinvested) by more than 75bp p.a. up to a cap of 150bp p.a. over the period from 31 December 2015 to 31 December 2018 (i.e. by 450bp over 3 years).

Number of shares vested at 31 December 2017

None

None

Total number of shares cancelled or void Performance shares outstanding at the end of the year

None

None

17,277

29,063

Table 10 – Summary of each executive director’s long-term incentive plan Not applicable.

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FFP

2017 REGISTRATION DOCUMENT