Median pay equity ratio compared to financial results - Base 100 in Fiscal 2019
This graph shows the median pay equity ratio compared with the financial results - Base 100 - fiscal 2019.
Consolidated Revenue.
- Fiscal 2019:
- approximately 100.
- Fiscal 2020: approximately 90.
- Fiscal 2021: approximately 83.
- Fiscal 2022: approximately 98.
- Fiscal 2023: approximately 110.
- Fiscal 2024: approximately 115.
Consolidated Underlying Operating Profit.
- Fiscal 2019: approximately 100.
- Fiscal 2020: approximately 55.
- Fiscal 2021: approximately 57.
- Fiscal 2022: approximately 81.
- Fiscal 2023: approximately 110.
- Fiscal 2024: approximately 100.
Group Chief Executive Officer.
- Fiscal 2019: approximately 100.
- Fiscal 2020: approximately 55.
- Fiscal 2021: approximately 83.
- Fiscal 2022: approximately 23.
- Fiscal 2023: approximately 85.
- Fiscal 2024: approximately 120.
7.4.2.4 Information on the components of compensation paid or awarded to the directors
The total annual amount of compensation available for payment to the directors of Sodexo was set at 1.3 million euros at the Combined Annual Shareholders Meeting of December 15, 2023 (twelfth resolution). The total amount actually paid to all directors (other than to the Chairwoman of the Board) during Fiscal 2024 was 1,011,262 euros (compared to 994,513 euros during Fiscal 2023), representing 78% of the total package 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 2024:
| (in euros) | ANNUAL FIXED COMPENSATION | ADDITIONAL ANNUAL FIXED COMPENSATION FOR THE LEAD DIRECTOR | ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEE | VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING |
|---|---|---|---|---|
| Board of Directors | Board of Directors ANNUAL FIXED COMPENSATION20,000 |
Board of Directors ADDITIONAL ANNUAL FIXED COMPENSATION FOR THE LEAD DIRECTOR30,000 |
Board of Directors ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEEnon-inclus |
Board of Directors VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING4,500 |
| Audit Committee | Audit Committee ANNUAL FIXED COMPENSATION8,000 |
Audit Committee ADDITIONAL ANNUAL FIXED COMPENSATION FOR THE LEAD DIRECTOR not-included |
Audit Committee ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEE25,000 |
Audit Committee VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING3,500 |
| Nominating Committee | Nominating Committee ANNUAL FIXED COMPENSATION6,000 |
Nominating Committee ADDITIONAL ANNUAL FIXED COMPENSATION FOR THE LEAD DIRECTORnot-included |
Nominating Committee ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEE22,500 |
Nominating Committee VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING3,000 |
| Compensation Committee | Compensation Committee ANNUAL FIXED COMPENSATION6,000 |
Compensation Committee ADDITIONAL ANNUAL FIXED COMPENSATION FOR THE LEAD DIRECTORnot-included |
Compensation Committee ADDITIONAL ANNUAL FIXED COMPENSATION FOR CHAIRING A COMMITTEE22,500 |
Compensation Committee VARIABLE COMPENSATION PER ATTENDANCE AT EACH MEETING3,000 |
A travel allowance of 1,500 euros is paid to directors traveling from the United States for every Board meeting they effectively attend.
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, or the end of their directorship.
As stated above, the Chairwoman and CEO 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 2024 and Fiscal 2023 (both fixed and variable), calculated based on their attendance at Board and Committee meetings according to the allocation rules indicated above, was as follows: