Plastic Omnium - 2018 Registration Document

2 CORPORATE GOVERNANCE Report from the Board of Directors on corporate governance PLASTIC OMNIUM 2018 REGISTRATION DOCUMENT 69 SUMMARY OF TRANSACTIONS IN 2018 BY EXECUTIVE DIRECTORS INVOLVING PLASTIC OMNIUM 2.1.2.3  SHARES Article 223-26 of the General Regulation of the French Financial Market Authority (Autorité des Marchés Financiers) and Article L. 621-18-2 of the French Monetary and Financial Code Person concerned Description of the financial instrument Transaction Number of transactions Amount total Mr. Laurent Burelle Chairman and CEO N/A N/A N/A N/A Persons related to Mr. Laurent Burelle, Chairman and CEO Not applicable, since no one related to Laurent Burelle, as defined in Article R. 621-43-1 of the French Monetary and Financial Code, carried out transactions on Plastic Omnium shares in fiscal year 2018 Mr. Jean-Michel Szczerba Chief Operating Officer Shares Acquisition 2 €3,710,400 Persons related to Mr.Jean-Michel Szczerba, Chief Operating Officer Not applicable, since no one related to Mr. Jean-Michel Szczerba, as defined in Article R. 621-43-1 of the French Monetary and Financial Code, carried out transactions on Plastic Omnium shares in fiscal year 2018 Mr. Paul Henry Lemarié Chief Operating Officer N/A N/A N/A N/A Persons related to Mr. Paul Henry Lemarié, Chief Operating Officer Not applicable, since no one related to Mr. Paul Henry Lemarié, as defined in Article R. 621-43-1 of the French Monetary and Financial Code, carried out transactions on Plastic Omnium shares in fiscal year 2018 INFORMATION ON STOCK-OPTIONS 2.1.2.4 AND AWARDS OF FREE SHARES Stock option plans Plastic Omnium stock option policy For years Compagnie Plastic Omnium has put long-term incentive plans in place for the benefit of its employees and executive directors in an international context. These awards have a dual purpose: to motivate key staff members and give them a stake in the Group’s ● future results; to strengthen teamwork and a sense of belonging among managers ● and thus encourage them to make their careers at the Company. performance and their important role in business development and the Group’s current and future projects, wherever they may be based. At the recommendation of the Compensation Committee, Plastic Omnium’s Board of Directors grants stock options to managers and executive directors who the Company wishes to recognize for their These stock options are granted after publication of the financial statements for the previous year, in accordance with the AFEP-MEDEF recommendation. In any case, stock options are granted on the basis of the performance of the individual in question at the time the plan is put in place. Employees and corporate officers who receive stock options thus have a stake along with shareholders in the Group’s strong and consistent growth. 237 employees are beneficiaries of at least one stock option plan, including 48.1% in international subsidiaries. Stock option beneficiaries must comply with the regulations in force relating to “inside information”. They must familiarize themselves and abide by the stock exchange Code of Ethics accompanying the rules governing stock option plans.