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CORPORATE GOVERNANCE STATEMENT
Remuneration of Executive Directors for the 2014 financial year
CEO
1
Other members of
the Executive Committee
1
Fixed remuneration (in €)
349,300
575,000
Variable remuneration for the financial year (in €)
Total amount:
192,115
316,000
in cash / in pension promises:
96,058
158,000
in stock units:
96,058
158,000
Savings and provident scheme (in €)
62,000
149,833
Other benefits
2
(in €)
33,380
68,876
TOTAL REMUNERATION (IN €)
636,795
1,109,709
Stock option plan
3
Stock options granted and
accepted
2014
Scheme
2013
Scheme
2012
Scheme
2011
Scheme
2010
Scheme
2009
Scheme
2008
Scheme
2007
Scheme
Jean-Edouard Carbonnelle
2,050
1,600
1,600
1,350
1,350
1,350
1,350
1,350
Xavier Denis
0
0
-/-
-/-
-/-
-/-
-/-
-/-
Jérôme Descamps
-/-
-/-
-/-
-/-
-/-
-/-
-/-
-/-
Françoise Roels
0
0
1,600
1,350
1,000
1,000
1,000
1,000
Phantom stock unit plan
4
2014 Scheme
2013 Scheme
Number of stock
units
5
Number of stock
units
Amount payable
in 2015
6
Jean-Edouard Carbonnelle
917
900
€51,849
Xavier Denis
643
580
€33,398
Jérôme Descamps
7
158
-/-
-/-
Françoise Roels
709
683
€39,336
Number of shares held at 31.12.2014
Jean-Edouard Carbonnelle
550
Xavier Denis
800
Jérôme Descamps
0
Françoise Roels
0
1
Under self-employed status, total cost for the company.
2
Medical cover, company car, cell phone, other insurances, own expenses.
3
-/- indicates that the concerned person was not yet a member of the Executive
Committee on the day of granting of the stock options.
4
-/- indicates that the concerned person was not yet a member of the Executive
Committee on the provisional allocation date.
5
In compliance with the Phantom Stock Unit Plan : the fair value of the ordinary
share at the provisional allocation date of 05.02.2015 being €104.74.
6
In compliance with the Phantom Stock Unit Plan : the fair value of the ordinary
share at the final allocation date of 01.03.2015 being €109.16 and the gross
dividend attributed since the provisional allocation date being €6.00.
7
Beginning of term: 01.10.2014.
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