AIRBUS - 2019 Registration Document

Corporate Governance  / 4.2 Interests of Directors and Principal Executive Officers

4.2.1.6 Implementation of the Remuneration Policy in 2018: Non-Executive Directors

Taking into account the increased number of Board meetings in 2018, the remuneration of Denis Ranque for 2018 as Chairman of the Board of Directors (Board chairmanship fixum and attendance fees) is €255,000. Therefore, the Board recommended that the remuneration exceeding € 255,000 would be converted into an annual contribution to the Airbus Foundation as long as Denis Ranque waived this part of his remuneration which corresponds to €67,500 based on the number of Board meetings in 2018.

The last review of the Board remuneration was undertaken in 2015. The Board remuneration is in line with market practice, incentivises attendance and recognises the strategic role played by the Board of Directors in Airbus’ developments. The CEO is the only Member of the Board of Directors who is not entitled to any Board membership fee. For personal reasons, and with regards to the implementation of remuneration policy approved at the AGM 2016, Denis Ranque decided in 2016 and onwards to waive the portion of his remuneration as Chairman of the Board of Directors which exceeds €240,000 (his total target remuneration for 2015, based on six meetings per year and including chairmanship Board fixum and attendance fees) until further notice.

The remuneration of the Non-Executive Members of the Board of Directors was as follows:

2018

2017

Attendance fees (2)

Attendance fees (2)

Total

Fixum (1)

Total

Fixum (1)

(In €)

Non-Executive Board Members Denis Ranque

210,000

75,000 285,000

204,293

80,000

284,293

72,376

50,000 122,376

0

0

0

Victor Chu (5)

72,376

50,000 122,376

0

0

0

Jean-Pierre Clamadieu (6)

Ralph D. Crosby Jr.

100,000

75,000 175,000

94,420

80,000

174,420

114,475

55,000 169,475

72,100

60,000

132,100

Lord Drayson (3)

Catherine Guillouard

120,000

75,000 195,000

120,000

70,000

190,000

Hermann-Josef Lamberti

130,000

65,000 195,000

135,707

70,000

205,707

María Amparo Moraleda Martínez

127,238

65,000 192,238

120,000

80,000

200,000

Claudia Nemat

100,000

75,000 175,000

100,000

70,000

170,000

72,376

55,000

127,376

0

0

0

René Obermann (5)

Carlos Tavares

80,000

50,000 130,000

80,000

65,000

145,000

Former Non-Executive Board Members Hans-Peter Keitel (4)

27,900

10,000

37,900

100,000

60,000

160,000

Lakshmi N. Mittal

0

0

0

28,176

10,000

38,176

36,270

10,000

46,270

135,707

65,000

200,707

Sir John Parker (4)

27,900

10,000

37,900

100,000

80,000

180,000

Jean-Claude Trichet (4)

Total

1,290,910

720,000 2,010,910

1,290,403

790,000 2,080,403

(1) The fixum includes a base fee for a Board membership and a Committee fee membership within the Audit Committee, the Remuneration, Nomination and Governance Committee (“RNGC”) and/or the Ethics & Compliance Committee (“E&C”). The fixum for the year 2018 was paid 50% in January 2018 and 50% in July 2018. The fixum for the year 2017 was paid 50% in January 2017 and 50% in July 2017. (2) The attendance fees related to the first semester 2018 were paid in July 2018, those related to the second semester 2018 were paid in January 2019. The attendance fees related to the first semester 2017 were paid in July 2017, those related to the second semester 2017 were paid in January 2018. (3) Member of the E&C Committee as of 11 April 2018.

(4) Not a Member of the Company Board of Directors as of 11 April 2018. (5) Member of the Company Board of Directors and the AC as of 11 April 2018. (6) Member of the Company Board of Directors and the RNGC as of 11 April 2018.

4.2.2 Long-Term Incentives Granted to the Chief Executive Officer

See “— 4.3.3 Long-Term Incentive Plans”.

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Airbus / Registration Document 2018