The total annual amount of compensation available for payment to the directors of Sodexo was set at 900,000 euro at the Annual Shareholders Meeting of January 23, 2018 (eleventh resolution). The total amount actually paid to all directors (other than to the Chairwoman of the Board) during Fiscal 2021 was 767,350 euro
(compared to 788,800 euro during Fiscal 2020), representing 85% of the total budget approved at the Annual Shareholders Meeting.
These amounts were calculated and paid in accordance with the Board of Directors’ Internal Rules, based on the following criteria established for Fiscal 2021 :
| (in euro) | ANNUAL FIXED COMPENSATION | ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEE | VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING |
|---|---|---|---|
| Board of Directors | Board of Directors ANNUAL FIXED COMPENSATION2,000 |
Board of Directors ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEE
|
Board of Directors VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING4,000 |
| Audit Committee | Audit Committee ANNUAL FIXED COMPENSATION5,500 |
Audit Committee ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEE20,000 |
Audit Committee VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING2,400 |
| Nominating Committee | Nominating Committee ANNUAL FIXED COMPENSATION5,500 |
Nominating Committee ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEE20,000 |
Nominating Committee VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING2,400 |
| Compensation Committee | Compensation Committee ANNUAL FIXED COMPENSATION5,500 |
Compensation Committee ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEE20,000 |
Compensation Committee VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING2,400 |
A travel allowance of 1,250 euro per Board meeting attended was paid to directors travelling from the United States.
Directors are not eligible for any long-term compensation, supplemental pension plan or compensation or benefits that may result from any change in their duties, new duties taken on, or a loss of office.
As stated above, the Chairwoman of the Board of Directors does not receive any directors' compensation.
The two directors representing employees both hold an employment contract with the Group and therefore receive compensation that has no connection with their office as director. The amounts of their salaries are not disclosed for confidentiality reasons.
The compensation paid to the directors during Fiscal 2021 and Fiscal 2020 (both fixed and variable), calculated based on their attendance at Board and Committee meetings as indicated above, was as follows:
| FISCAL 2021 | FISCAL 2020 | ||||
|---|---|---|---|---|---|
| DIRECTORS (in euro) |
AMOUNT AWARDED | AMOUNT PAID | AMOUNT AWARDED | AMOUNT PAID | |
| Emmanuel Babeau | Emmanuel Babeau
Directors’ compensation |
Emmanuel BabeauFISCAL 2021 52,700 |
Emmanuel BabeauFISCAL 2020 52,700 |
65,500 | 65,500 |
| François-Xavier Bellon | François-Xavier Bellon
Directors’ compensation |
François-Xavier BellonFISCAL 2021 61,500 |
François-Xavier BellonFISCAL 2020 61,500 |
65,500 | 65,500 |
Bellon compensation |
400, 000 |
FISCAL 2021 400, 000 |
FISCAL 2020 390, 000 |
390,000 | |
| Nathalie Bellon-Szabo(1) | Nathalie Bellon-Szabo(1)
Directors’ compensation |
Nathalie Bellon-Szabo(1)FISCAL 2021 63,100 |
Nathalie Bellon-Szabo(1)FISCAL 2020 63,100 |
63,100 | 63,100 |
Other compensation |
597,052 |
FISCAL 2021 597,052 |
FISCAL 2020 490, 758 |
490,758 | |
| Philippe Besson(2) | Philippe Besson(2)
Directors’ compensation |
Philippe Besson(2)FISCAL 2021 59,100 |
Philippe Besson(2)FISCAL 2020 59,100 |
65,500 | 65,500 |
| Françoise Brougher | Françoise Brougher
Directors’ compensation |
Françoise BrougherFISCAL 2021 77,850 |
Françoise BrougherFISCAL 2020 77,850 |
71,550 | 71,550 |
| Soumitra Dutta | Soumitra Dutta
Directors’ compensation |
Soumitra Dutta FISCAL 202133,550 |
Soumitra Dutta FISCAL 202033,550 |
71,750 | 71,750 |
| Federico J. Gonzalez Tejera(3) | Federico J. Gonzalez Tejera (3)
Directors’ compensation |
Federico J. Gonzalez Tejera (3)FISCAL 202126,000 |
Federico J. Gonzalez Tejera (3)FISCAL 202026,000 |
||
| Véronique Laury(4) | Véronique Laury(4)
Directors’ compensation |
Véronique Laury(4)FISCAL 2021 55,200 |
Véronique Laury(4)FISCAL 2020 55,200 |
22,000 | 22,000 |
