Fiscal 2022 Universal Registration Document

Fiscal 2018

The compensation indicated for the Chief Executive Officer is a combination of the compensation of Michel Landel and Denis Machuel prorata temporis during the fiscal year.

Fiscal 2019

The compensation indicated for the Chief Executive Officer is that of Denis Machuel for a full year.

Fiscal 2020

For the Chief Executive Officer, the fixed compensation was reduced by 50% over the second half of the year. In addition, no performance shares were allocated during this fiscal year.

For the Chairwoman of the Board of Directors, the fixed compensation was reduced by 50% over the second half of the year.

Fiscal 2021

The fixed remuneration of the Chairwoman of the Board of Directors and of the Chief Executive Officer was fully restored and paid.

The Chief Executive Officer did not receive any variable compensation for Fiscal 2020 following the cancellation decided by the Board of Directors given the unprecedented health crisis linked to the Covid-19 pandemic. He received an allocation of performance shares during the fiscal year.

Given the health crisis, Sodexo employees did not receive any variable compensation either for Fiscal 2020. During Fiscal 2021, eligible Sodexo employees received variable compensation for the first half of the fiscal year.

Fiscal 2022

The compensation of the Chairwoman and Chief Executive Officer includes the compensation she received in September 2021 in her role as Chairwoman of the Board of Directors, then that received for her roles as Chairwoman of the Board of Directors and interim Chief Executive Officer, and as Chairwoman and Chief Executive Officer.

The Chairwoman and Chief Executive Officer did not receive any variable compensation in 2021 in respect of the fact that she was not eligible in her role as Chairwoman of the Board of Directors. She was not a beneficiary of performance shares.

The chart below illustrates the evolution of the ratios of the Chairwoman and Chief Executive Officer for Fiscal 2022 and the Chief Executive Officer for previous years on the median compensation of employees in the extended scope, in comparison with the Group’s revenue and operating profit.

For ease of reading, the value of the different items are expressed in base 100 from Fiscal 2017.