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REPORT OF THE BOARD OF DIRECTORS AND DRAFT RESOLUTIONS TO BE PRESENTED AT THE COMBINED SHAREHOLDERS’ MEETING OF MAY 10, 2017
6.1 Resolutions presented at the Ordinary Shareholders’ Meeting
6
280
Registration Document 2016 — Capgemini
subject to
vote
accounting
value
Amount or
Presentation
qualitative standpoint accounting for 10% overall, that covers i) the successful European transformation
offerings higher than 20%, ii) not reached and iii) exceeded. In addition, the Board considered from a
achievements have been considered respectively i) exceeded with a growth of Cloud and Digital
countries strategic accounts to be higher than the Group revenue growth. For these three indicators the
Digital offerings, ii) a corresponding ambitious contribution margin trend and iii) the growth of Group &
consideration three quantitative indicators each with a 5% weight i) the revenue growth of Cloud and
For the third
category (Industrialization and account centricity-25%)
, the Board took into
toward a global mindset through the Power of One initiatives and set the qualitative part at 100%.
The
plan, ii) the launch of a reinforced Digital organization driving high growth in this domain and iii) the drive
quantitative objectives and at 100% for the qualitative ones for an overall total of 120%.
Board considered that the objectives set for this category have been realized at 133% for the
Board considered that the HR transformation objectives have been reached at 112%.
evaluate a set of Group top executives and iii) the deployment of a revamped leadership model.
The
improving gender diversity and boosting mobility, ii) the study made with a top notch company to
the deployment across all units of the Strategic Talent Reviews aimed at covering successions plans,
Group in 2016. For these indicators the achievements have been respectively i) achieved for the
refreshment of the VP population including external hires and ii) an acceleration of mobility within the
quantitative measures counting for 15% around i) the hiring and development of Senior Executives with a
For the fourth
category (HR transformation-25%)
, the Board considered as well two set of
overall, the HR strategy implemented to accelerate cross unit mobility and succession plans looking at i)
the VP population. In addition, the Board evaluated from a qualitative standpoint accounting for 10%
our growth in these sectors and ii) an increase of the mobility with 26% more moves than targeted within
refreshment ratio and exceeded with a number of recruited VPs from Cloud & Digital domains aligned to
The Board approved a rounded weighted performance of 118% as per the table below:
Target
Proposal
Objective type
Computed Qualitative Computed Qualitative
IGATE integration
20%
10% 30.1%
12%
New strategic development
20%
18%
Strategic agenda
15%
10%
20%
10%
HR transformation
15%
10% 18.2%
10%
Total
50% 50% 68.3% 50%
Target
100% Proposed
118%
leading to a
V2 calculation of €571,120.
the theoretical compensation and may be summarized as follows:
compensation
. Total fixed and variable compensation for 2016 is therefore
€2,527,855
i.e.
104.5% of
74.1% of his fixed compensation for the same year and 111.1% of the theoretical variable
Accordingly, a
variable compensation of
€1,075,855
was approved by the Board for 2016
, i.e.
2016 Variable compensation calculation for Mr. Paul Hermelin
V1: quantitative part based on budgeted financial targets
Indicators
Weight
% of
achievement
Weighted
Total Revenue
30% 98.4% 29.5%
Operational Margin %
30% 95.0% 28.5%
Net results before tax
20% 95.1% 19.0%
Organic Free cash Flow
20% 120.2% 24.0%
Total weighted R/B before flex
101.1%
Total weighted after 75/125 flex (4*weighted R/B-3)
104.3%
Variable V1 on target
484,000
Computed V1
504,735