2021 UNIVERSAL REGISTRATION DOCUMENT

2. Corporate Governance

HISTORY OF THE STOCK OPTIONS GRANTED TO MR JEAN-PAUL AGON SINCE HIS APPOINTMENT AS A CORPORATE OFFICER THAT CAN STILL BE EXERCISED AT 31 DECEMBER 2021

N/A.

TABLE OF SHARE SUBSCRIPTION OR PURCHASE OPTIONS EXERCISED BY MR JEAN-PAUL AGON DURING THE 2021 FINANCIAL YEAR

N/A.

HISTORY OF CONDITIONAL GRANTS OF SHARES (ACAS) TO MR JEAN-PAUL AGON SINCE HIS APPOINTMENT AS A CORPORATE OFFICER
Grant date Number of ACAs granted Performance conditions(3) Grant value (IFRS fair value) Date of final vesting of all or part of the ACAs Number of finally vested shares First possible date of sale of a portion of these(4)
17 April 2012(1) 50,000 Yes 3,853,500 18 April 2016 50,000 18 April 2018
26 April 2013(1) 40,000 Yes 4,494,800 27 April 2017 40,000 27 April 2019
17 April 2014(1) 40,000 Yes 4,183,200 18 April 2018 40,000 18 April 2020
22 April 2015 (1) 32,000 Yes 5,167,680 23 April 2019 26,432 23 April 2021
20 April 2016(2) 32,000 Yes 4,938,240 21 April 2020 32,000 21 April 2020
20 April 2017 (2) 32,000 Yes 5,340,800 21 April 2021 26,544 21 April 2021
17 April 2018 (2) 30,000 Yes 5,285,100 18 April 2022 30,000 18 April 2022
18 April 2019(2) 24,000 Yes 5,430,000 19 April 2023 N/A 19 April 2023

(1) At the end of the vesting period, Mr Jean-Paul Agon, as a French resident on the date of granting the shares, is required to hold the fully vested shares for an additional two-year period during which the shares may not be transferred.

(2) The 20 April 2016, 20 April 2017, 17 April 2018 and 18 April 2019 Plans set a four-year vesting period, without any holding period.

(3) See the performance conditions described in chapter 7 of this document.

(4) Mr Jean-Paul Agon, as corporate officer, shall retain 50% of the fully vested shares in registered form until the end of his duties. Mr Jean-Paul Agon has undertaken not to enter into any risk hedging transactions.

TABLE OF PERFORMANCE SHARES THAT BECAME AVAILABLE DURING THE 2021 FINANCIAL YEAR FOR MR JEAN-PAUL AGON
Grant date Number of fully vested shares Grant value (IFRS fair value) Date of final vesting of all or part of the ACAs First possible date of sale of a portion of these
17 April 2014 (1)

17 April 2014

(1)
Number of fully vested shares

40,000

17 April 2014

(1)
Grant value (IFRS fair value)

4,183,200

17 April 2014

(1)
Date of final vesting of all or part of the ACAs

18 April 2018

17 April 2014

(1)
First possible date of sale of a portion of these

18 April 2020

20 April 2016(1) 20 April 2016(1)Number of fully vested shares

32,000

20 April 2016(1)Grant value (IFRS fair value)

4,938,240

20 April 2016(1)Date of final vesting of all or part of the ACAs

21 April 2020

20 April 2016(1)First possible date of sale of a portion of these

21 April 2020

20 April 2017 (1) 20 April 2017 (1)Number of fully vested shares

26,544

20 April 2017 (1)Grant value (IFRS fair value)

4,430,194

20 April 2017 (1)Date of final vesting of all or part of the ACAs21 April 2021 20 April 2017 (1)First possible date of sale of a portion of these21 April 2021

(1) Mr Jean-Paul Agon, as corporate officer, shall retain 50% of the fully vested shares in registered form until the end of his duties. Mr Jean-Paul Agon has undertaken not to enter into any risk hedging transactions.

2.4.5. Summary table of the remuneration of Mr Jean-Paul Agon, Chairman of the Board of Directors from 1 May 2021

  2021
In € Amounts allocated Amounts paid
Fixed remuneration 1,066,666 1,066,666
Annual variable remuneration - -
Exceptional remuneration - -
Remuneration for term of office as Director - -
Benefits in kind - -
TOTAL 1,066,666 1,066,666