In accordance with article L.225-37-3 of the French Commercial Code, the table below shows the ratios between the level of compensation of the Chairman and Chief Executive Officer from Fiscal 2022 and of the Chief Executive Officer for previous years and the average and median compensation of Sodexo employees over the last five years on a full time equivalent basis.
These ratios were established by referring to the AFEP guidelines on compensation multiples published on January 28, 2021.
The compensation of the Chief Executive Officers and employees retained includes all fixed and variable compensation components, and benefits of all kinds paid over the last five fiscal years. The method for determining and valuing the elements of compensation for Chief Executive Officers and employees is therefore harmonized.
Performance share value has been taken into account at grant value under IFRS rules on the grant date.
The ratio below are proposed for two scopes: the listed company Sodexo S.A. including around 490 employees, and an extended scope including the holdings of the Sodexo Group in France as well as the On-site activity in France, for around 25,500 employees, i.e. 83% of the total workforce in France.
| FISCAL 2018 | FISCAL 2019 | FISCAL 2020 | FISCAL 2021 | FISCAL 2022 | |
|---|---|---|---|---|---|
| Company Performance | |||||
| Group Revenue (in million euros) | Group Revenue (in million euros) FISCAL 2018 20,407 |
Group Revenue (in million euros) FISCAL 2019 21,954 |
Group Revenue (in million euros) FISCAL 2020 19,321 |
Group Revenue (in million euros) FISCAL 2021 17,428 |
Group Revenue (in million euros) FISCAL 2022 21,125 |
| (year to year variance) | (year to year variance) FISCAL 2018 -1.4% |
(year to year variance) FISCAL 2019 +7.6% |
(year to year variance) FISCAL 2020 -12.0% |
(year to year variance) FISCAL 2021 -9.8% |
(year to year variance) FISCAL 2022 +21.2% |
| Group UOP (in million euros) | Group UOP (in million euros) FISCAL 2018 1,128 |
Group UOP (in million euros) FISCAL 2019 1,200 |
Group UOP (in million euros) FISCAL 2020 569 |
Group UOP (in million euros) FISCAL 2021 578 |
Group UOP (in million euros) FISCAL 2022 1,059 |
| (year to year variance) | (year to year variance) FISCAL 2018 -15.8% |
(year to year variance) FISCAL 2019 +6.4% |
(year to year variance) FISCAL 2020 -52.6% |
(year to year variance) FISCAL 2021 +1.6% |
(year to year variance) FISCAL 2022 +83.3% |
| Informations on extended scope | |||||
| Employee compensation (in euros) | |||||
| Employee average compensation (full time equivalent) | Employee average compensation (full time equivalent) FISCAL 2018 30,848 |
Employee average compensation (full time equivalent) FISCAL 2019 31,714 |
Employee average compensation (full time equivalent) FISCAL 2020 31,556 |
Employee average compensation (full time equivalent) FISCAL 2021 33,047 |
Employee average compensation (full time equivalent) FISCAL 2022 35,382 |
| (year to year variance) | (year to year variance) FISCAL 2018 +3.6% |
(year to year variance) FISCAL 2019 +2.8% |
(year to year variance) FISCAL 2020 -0.5% |
(year to year variance) FISCAL 2021 +4.7% |
(year to year variance) FISCAL 2022 +7.1% |
| Employee median compensation (full time equivalent) | Employee median compensation (full time equivalent) FISCAL 2018 24,014 |
Employee median compensation (full time equivalent) FISCAL 2019 24,626 |
Employee median compensation (full time equivalent) FISCAL 2020 24,809 |
Employee median compensation (full time equivalent) FISCAL 2021 25,192 |
Employee median compensation (full time equivalent) FISCAL 2022 26,763 |
| (year to year variance) | (year to year variance) FISCAL 2018 +4.8% |
(year to year variance) FISCAL 2019 +2.5% |
(year to year variance) FISCAL 2020 +0.7% |
(year to year variance) FISCAL 2021 +1.5% |
(year to year variance) FISCAL 2022 +6.2% |
| Group Chief Executive Officer | |||||
| Annual compensation (in euros) | Annual compensation (in euros) FISCAL 2018 3,619,279 |
Annual compensation (in euros) FISCAL 2019 2,996,778 |
Annual compensation (in euros) FISCAL 2020 1,581,263 |
Annual compensation (in euros) FISCAL 2021 2,594,682 |
Annual compensation (in euros) FISCAL 2022 882,402 |
| (year to year variance) | (year to year variance) FISCAL 2018 -28.6% |
(year to year variance) FISCAL 2019 -17.2% |
(year to year variance) FISCAL 2020 -47.2% |
(year to year variance) FISCAL 2021 +64.1% |
(year to year variance) FISCAL 2022 -66.0% |
| Ratio versus employee average compensation | Ratio versus employee average compensation FISCAL 2018 117 |
Ratio versus employee average compensation FISCAL 2019 94 |
Ratio versus employee average compensation FISCAL 2020 50 |
Ratio versus employee average compensation FISCAL 2021 79 |
Ratio versus employee average compensation FISCAL 2022 27 |
| (year to year variance) | (year to year variance) FISCAL 2018 -31.1% |
(year to year variance) FISCAL 2019 -19.5% |
(year to year variance) FISCAL 2020 -47.0% |
(year to year variance) FISCAL 2021 +56.7% |
(year to year variance) FISCAL 2022 -66.0% |
| Ratio versus employee median compensation | Ratio versus employee median compensation FISCAL 2018 151 |
Ratio versus employee median compensation FISCAL 2019 122 |
Ratio versus employee median compensation FISCAL 2020 64 |
Ratio versus employee median compensation FISCAL 2021 103 |
Ratio versus employee median compensation FISCAL 2022 35 |
| (year to year variance) | (year to year variance) FISCAL 2018 -31.8% |
(year to year variance) FISCAL 2019 -19.3% |
(year to year variance) FISCAL 2020 -47.6% |
(year to year variance) FISCAL 2021 +61.6% |
(year to year variance) FISCAL 2022 -66.0% |
| Informations on Sodexo S.A. | |||||
| Employee compensation (in euros) - Sodexo S.A. | |||||
| Employee average compensation (full time equivalent) | Employee average compensation (full time equivalent) FISCAL 2018 135,641 |
Employee average compensation (full time equivalent) FISCAL 2019 130,041 |
Employee average compensation (full time equivalent) FISCAL 2020 117,802 |
Employee average compensation (full time equivalent) FISCAL 2021 148,412 |
Employee average compensation (full time equivalent) FISCAL 2022 138,278 |
| (year to year variance) | (year to year variance) FISCAL 2018 +2.0% |
(year to year variance) FISCAL 2019 -4.1% |
(year to year variance) FISCAL 2020 -9.4% |
(year to year variance) FISCAL 2021 +26.0% |
(year to year variance) FISCAL 2022 -6.8% |
| Employee median compensation (full time equivalent) | Employee median compensation (full time equivalent) FISCAL 2018 80,632 |
Employee median compensation (full time equivalent) FISCAL 2019 75,763 |
Employee median compensation (full time equivalent) FISCAL 2020 89,800 |
Employee median compensation (full time equivalent) FISCAL 2021 103,519 |
Employee median compensation (full time equivalent) FISCAL 2022 92,494 |
| (year to year variance) | (year to year variance) FISCAL 2018 +4.5% |
(year to year variance) FISCAL 2019 -6.0% |
(year to year variance) FISCAL 2020 +18.5% |
(year to year variance) FISCAL 2021 +15.3% |
(year to year variance) FISCAL 2022 -10.7% |
| Group Chief Executive Officer | |||||
| Ratio versus employee average compensation | Ratio versus employee average compensation FISCAL 2018 27 |
Ratio versus employee average compensation FISCAL 2019 23 |
Ratio versus employee average compensation FISCAL 2020 13 |
Ratio versus employee average compensation FISCAL 2021 17 |
Ratio versus employee average compensation FISCAL 2022 6 |
| (year to year variance) | (year to year variance) FISCAL 2018 -30.0% |
(year to year variance) FISCAL 2019 -13.6% |
(year to year variance) FISCAL 2020 -41.8% |
(year to year variance) FISCAL 2021 +30.2% |
(year to year variance) FISCAL 2022 -63.5% |
| Ratio versus employee median compensation | Ratio versus employee median compensation FISCAL 2018 45 |
Ratio versus employee median compensation FISCAL 2019 40 |
Ratio versus employee median compensation FISCAL 2020 18 |
Ratio versus employee median compensation FISCAL 2021 25 |
Ratio versus employee median compensation FISCAL 2022 10 |
| (year to year variance) | (year to year variance) FISCAL 2018 -31.6% |
(year to year variance) FISCAL 2019 -11.9% |
(year to year variance) FISCAL 2020 -55.5% |
(year to year variance) FISCAL 2021 +42.3% |
(year to year variance) FISCAL 2022 -61.9% |
