Plastic Omnium - 2020 Universal Registration Document

CORPORATE GOVERNANCE Compensation of members of the Board of Directors and executive directors www.plasticomnium.com PLASTIC OMNIUM UNIVERSAL REGISTRATION DOCUMENT 2020 108 COMPONENTS OF COMPENSATION PAID DURING THE 2020 FISCAL YEAR OR GRANTED FOR THE 2020 FISCAL YEAR TO FÉLICIE BURELLE, MANAGING DIRECTOR Components of compensation Amounts paid in fiscal year 2020 Amounts granted with respect to the fiscal year 2020 Comments Fixed compensation €481,519 €500,000 The annual fixed compensation of Félicie Burelle amounts to €500,000 from January 1, 2020. Annual bonus 0 €250,000 During the meeting of February 17, 2021, the Board of Directors, on the recommendation of the Compensation Committee, determined the amount of the bonus (quantifiable and qualitative part) of Mrs. Félicie Burelle with respect to the fiscal year 2020 at €250,000. During the meeting of December 13, 2019, the Board of Directors, on the recommendation of the Compensation Committee, decided to define the methods for calculating her bonus as follows: weighting of 60% for the quantifiable part and 40% ● for the qualitative part; bonus target for 2020 (in the event the achievement ● of the objectives set by the Board of Directors) is 100% of the fixed annual compensation, guaranteed at 50%. In application of these methods and the achievement of the criteria used to calculate the variable portion, the amount of the bonus for 2020 was determined as follows: For the quantifiable part, In application of these terms and the achievement of the criteria used to calculate the bonus, this bonus for 2020 was determined as follows: For the qualitative part, the parameters used were as follows: to develop sustainable growth drivers: strengthen organic ● growth from existing offers and through the development of new skills and solutions for OEMs, and through external growth transactions and adapting partnerships according to defined objectives (15%); to develop the Group’s Digital and Innovation strategy: ● anticipate market developments, accelerate the Group’s digital transformation, continue improving industrial assets and accelerate the deployment of 4.0 (15%); to anticipate and manage risks: refine the methodology ● to anticipate, identify and deal with risks that are serious or likely to impact the Group’s businesses (5%); focus on social, societal and environmental responsibility: ● monitor the evolution of non-financial ratings and pay particular attention to the health and safety of the Group’s employees as well as gender equality, and improve the frequency rate of workplace accidents (5%). At its meeting of February 17, 2021, the Board of Directors, on the recommendation of the Compensation Committee: noted that the achievement rate of the quantifiable criteria ● is 89%, broken down as follows: operating margin: 78%, free cash flow: 100%; established the achievement rate of the qualitative criteria ● to be 85%. Given the respective weightings of the quantifiable (60%) and qualitative (40%) criteria, this leads to determining the overall achievement rate at 87%. The amount of the bonus for 2020 is therefore €250,000. It will only be paid to Félicie Burelle if the shareholders vote in favor at the Shareholders’ Meeting of April 22, 2021. Multi-year variable compensation None None Félicie Burelle does not receive any multi-year compensation.