The compensation, loans, post-employment benefits and other benefits granted to Board members and to the Sodexo Leadership Team, including the Chairwoman and CEO in office as of August 31, 2025, comprise the following:
| (in millions of euros) | FISCAL 2025 | FISCAL 2024 |
|---|---|---|
| Short-term benefits* | Short-term benefits *FISCAL 202516.0 |
Short-term benefits *FISCAL 202417.2 |
| Post-employment benefits | Post-employment benefits FISCAL 20250.1 |
Post-employment benefits FISCAL 20240.1 |
| Fair value of restricted shares at the grant date | Fair value of restricted shares at the grant date FISCAL 20258.6 |
Fair value of restricted shares at the grant date FISCAL 202410.5 |
These benefits include all forms of compensation and benefits, paid or earned during the period, by Sodexo S.A., Sodexo Group companies or Bellon SA, for offices held as a director or a member of the Sodexo Leadership Team.
In addition, members of the Sodexo Leadership Team, holding an employment contract with one of the Group's French subsidiaries, are beneficiaries of a defined benefit pension plan governed by article L.137-11-2 of the French Social Security Code. This pension plan was introduced in 2021, in line with the conditions stipulated in article L.137-11-2 and according to the following rules: subject to one year of service within the Group, pension rights of up to 0.5% per year are granted for the first five years of the plan, and then up to 1% beyond five years, not exceeding a total of 10%. The rights are determined based on the fixed and variable compensation received during the calendar year. The rights vest subject to a minimum achievement rate for annual variable compensation targets. The resulting pension will top up the pensions provided by the basic compulsory plans and will not generate any corresponding obligation on the Company’s balance sheet.
As a reminder, Sophie Bellon, Chairwoman and CEO since October 1, 2021, is paid by Sodexo S.A. but does not have an employment contract with Sodexo S.A.
The Company has entered into non-compete clauses with a maximum term of 24 months with the Chairwoman and CEO and the members of the Sodexo Leadership Team in order to protect the Group by restricting their freedom to hold a position as employee or director, or carry out any consulting work, for any of Sodexo’s competitors, either directly or through another legal entity. This commitment applies to Sophie Bellon, without payment of any financial consideration.
No loans have been granted to members of the Board or the Sodexo Leadership Team.
