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15
Compensation andBenefits of Directors and Senior Executives
Executive Compensation
136
Worldline
2016 Registration Document
Summary of the Executive Directors Compensation, paid by the
15.2.4
Company, its subsidiaries and the companies controlling it – AMF
Table
2
Mr. Thierry Breton, Chairman:
2016
2015
Related to Atos
Related to Worldline
Related to Atos
Related to Worldline
(in €)
Due
Paid
Due
Paid
Due
Paid
Due
Paid
Fixed remuneration
1,350,000 1,350,000
-
-
1,350,000 1,350,000
-
-
Variable remuneration
1,656,991 1,602,991
-
-
1,442,813 1,371,263
-
-
Exceptional remuneration
-
-
-
-
-
-
-
-
Atos SE Director’s fees
-
-
-
-
-
-
-
-
Fringe benefits
6,738
6,738
-
-
6,720
6,720
-
-
Total
3,013,729 2,959,729
-
- 2,799,533 2,727,983
-
-
Please refer to the Atos Reference Document for more information.
Mr. Gilles Grapinet, CEO:
2016
2015
Related to Atos
Related to Worldline
Related to Atos
Related to Worldline
(in €)
Due
Paid
Due
Paid
Due
Paid
Due
Paid
Fixed remuneration
200,330 200,330 400,660 400,660 200,583 200,583 401,166 401,166
Variable remuneration
292,540 277,114 436,560 440,960 240,632 231,068 423,459 392,320
Exceptional remuneration
-
-
-
-
-
-
-
-
Atos SE Director’s fees
-
-
-
-
-
-
-
-
Fringe benefits
1,474
1,474
2,947
2,947
1,586
1,586
3,171
3,172
Total
494,344 478,918 840,167 844,567 442,801 433,237 827,797 796,658
In 2015, the financial objectives achievement of Mr. Gilles
payout rate in percentage of the target variable compensation
at 108.6% for the first semester and 103.1% for the second
Grapinet relating to his duties as Company CEO has triggered a
corresponds to 105.9% of his target annual variable
compensation.
semester. For 2015, in total, the annual variable compensation
due to the CEO relating to his duties as Company CEO due to the CEO relating to his duties as Company CEO
corresponds to 109.1% of his target annual variable
for the first and the second semester at 117.4% and 100.9%
respectively. For 2016, in total, the annual variable compensation
compensation.
payout rate in percentage of the target variable compensation
In 2016, the financial objectives achievement of Mr. Gilles
Grapinet relating to his duties as Company CEO has triggered a
2016
2015
First-half
Second-half
First-half
Second-half
Indicators
Weight
Payout
1
Payout
1
Payout
1
Payout
1
Worldline Revenue Growth
40% > 100% < 100% > 100% > 100%
Worldline OMDA
30% < 100% > 100% < 100%
100%
Worldline Free Cash Flow
2
30%
>100%
>100%
>100%
>100%
Payout in % of the semester on-target
bonus
117,4% 100,9% 108,6% 103,1%
On the basis of the elasticity curve capped at 130%.
1
Free Cash Flow, before dividends and income generated from acquisitions/disposals.
2