• A majority of members are independent,
  • The Compensation Committee has the expertise necessary to perform its mission,
  • The Chairman of the Executive Committee is invited to meetings, except in the case of matters that concern him personally,
  • The Secretary is Mr. Michel Defourny, Group Corporate Secretary.


  • Meetings are prepared by the Group General Manager Human Resources, who attends the meetings,
  • One meeting was held in 2017,
  • Meeting attendance was 83.3%.


The Compensation Committee fulfills the duties imposed on it by Article 526 quarter section 5 of the Companies Code.

It advises the Board of Directors on:

  • the Company’s compensation policy and principles,
  • the compensation levels for members of the Board of Directors and the Executive Committee,
  • the Chairman of the Executive Committee’s compensation, short-term incentives and long-term incentives, and performance assessment
  • Allocation of long-term incentives (performance share units and stock options) to the Company’s senior manager.

It prepares the annual compensation report for the Corporate Governance Statement and receives a yearly report about the compensation of General Management.