Fiscal 2021 Universal Registration Document

Summary of benefits – Chairwoman of the Board of Directors

TABLE 11, BASED ON THE AFEP-MEDEF CODE TEMPLATE AND AMF RECOMMENDATION 2009-16

	EMPLOYMENT CONTRACT		SUPPLEMENTAL PENSION PLAN		COMPENSATION OR ENTITLEMENTS DUE OR LIKELY TO BECOME DUE AS A RESULT OF A CHANGE IN DUTIES OR LOSS OF OFFICE		INDEMNITY RELATING TO A NON-COMPETE CLAUSE
	YES	NO	YES	NON	YES	NO	YES	NO
Sophie Bellon Chairwoman of the Board of Directors	Sophie Bellon Chairwoman of the Board of DirectorsEMPLOYMENT CONTRACT
Appointment date: January 26, 2016	Appointment date: January 26, 2016 EMPLOYMENT CONTRACT	Appointment date: January 26, 2016 SUPPLEMENTAL PENSION PLAN X	Appointment date: January 26, 2016 COMPENSATION OR ENTITLEMENTS DUE OR LIKELY TO BECOME DUE AS A RESULT OF A CHANGE IN DUTIES OR LOSS OF OFFICE	Appointment date: January 26, 2016 INDEMNITY RELATING TO A NON-COMPETE CLAUSE X		X		X
Expiration of current term: Annual Shareholders Meeting held to approve the financial statements for Fiscal 2023	Expiration of current term: Annual Shareholders Meeting held to approve the financial statements for Fiscal 2023 EMPLOYMENT CONTRACT

6.5.2.2 Compensation of Denis Machuel, Chief Executive Officer

The following tables show a breakdown of the various components of Denis Machuel's compensation. In light of the termination of Denis Machuel’s duties as Chief Executive Officer on September 30, 2021, the tables present information for Fiscal 2021 and Fiscal 2022.

The compensation components for Fiscal 2021 were determined in line with the compensation policy for the Chief Executive Officer and approved at the January 12, 2021 Combined Annual Shareholders Meeting (fourteenth resolution). The components for Fiscal 2022 were determined in line with the compensation policy for the Chief Executive Officer and have been submitted for approval at the December 14, 2021 Combined Annual Shareholders Meeting (fourteenth resolution). For Denis Machuel, his policy provides for fixed, variable and long-term compensation, as well as a non-compete agreement, a supplemental pension plan, collective health and benefit plans as well as benefits in kind. It does not include any multi-year variable compensation, exceptional compensation or a termination benefit.

At the Ordinary Annual Shareholders Meeting of December 14, 2021, shareholders will be asked to vote on the total compensation and benefits paid during or awarded for Fiscal 2021 and 2022 to Denis Machuel for his duties as Chief Executive Officer.

Summary of compensation, stock options and performance shares awarded to the Chief Executive Officer

TABLE 1, BASED ON THE AFEP-MEDEF CODE TEMPLATE AND AMF RECOMMENDATION 2009-16

,DENIS MACHUEL CHIEF EXECUTIVE OFFICER (in euro)	FISCAL 2022	FISCAL 2021	FISCAL 2020
Compensation awarded for the fiscal year (gross, before tax)	Compensation awarded for the fiscal year (gross, before tax) FISCAL 20222,034,448	Compensation awarded for the fiscal year (gross, before tax) FISCAL 20211,723,394	Compensation awarded for the fiscal year (gross, before tax) FISCAL 2020 688,463⁽¹⁾
Value of stock options granted	Value of stock options granted FISCAL 2022 N/A	Value of stock options granted FISCAL 2021 N/A	Value of stock options granted FISCAL 2020 N/A
Value of performance shares granted	Value of performance shares granted FISCAL 2022 N/A	Value of performance shares granted FISCAL 20211,681,288	Value of performance shares granted FISCAL 2020 N/A⁽²⁾
TOTAL	TOTALFISCAL 20222,034,448	TOTALFISCAL 20213,404,682	TOTAL FISCAL 2020 688,463

(1) Given the unprecedented sanitary crisis caused by the Covid-19 pandemic and its resulting social and economic impacts, the Board of Directors decided to reduce Denis Machuel's fixed salary by 50% for the second half of Fiscal 2020. This decision received the full support of Denis Machuel, who thereby demonstrated his solidarity with the Group’s employees.
(2) No performance shares were granted during Fiscal 2020.