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LISI 2011 —
108
— financial report
Information regarding the Company and corporate governance
2.9.2 Shares held by corporate officers
In accordance with the company’s by-laws, the minimum number of LISI shares that each director may hold is one share.
The table below shows the number of shares held by the corporate officers as at December 31, 2011:
Corporate officers
Number of LISI shares held
directly
Number of LISI shares held
indirectly
Directors
Gilles KOHLER
12,515
Emmanuel VIELLARD
9,025
Christian PEUGEOT
1
Christophe VIELLARD (permanent representative of VMC)
641,675
Jean-Philippe KOHLER (permanent representative of CIKO)
8,600
21,153
Thierry PEUGEOT (permanent representative of CID)
25
5,928,724
Pascal LEBARD
10
Eric ANDRE
5
Patrick DAHER
10
Lise NOBRE
20
Total
30,211
6,591,552
2.9.3 Directors’ Remuneration
Managers Corporate officers
Employment
contract
Additional pension
scheme
Allowances
or benefits due
or likely to be due
as a result of
the termination
or change in
functions
Allowances
relative to
a non-competition
clause
Yes
No
Yes
No
Yes
No
Yes
No
Gilles KOHLER
Function: Chairman and Chief Executive Officer
X
X
X
X
Term of office start: 1985
Term of office end: 2015
Emmanuel VIELLARD
Function: Deputy Chairman
X
X
X
X
Term of office start: 2000
Term of office end: 2013
The terms for the salary of the Chairman and Chief Executive Officer and for the Vice President are approved by the Board of Directors on the
advice of the Compensation Committee.
The tables summarizing the compensation and options and shares allocated to each corporate officer director of LISI S.A. are as follows in euros:
Gilles KOHLER
Chairman and CEO of LISI S.A.
2011
2010
Compensation due for the period
407,785 394,289
Valuation of the options allocated during
the period*
None
None
Valuation of the performance shares
allocated during the period*
88,813 65,377
Total
496,597 459,666
* Valuation at closing price of December 31, 2010,
i.e.
€50.29 and 12/31/2011: €50.75.
Emmanuel VIELLARD
Deputy Chief Executive Officer of LISI S.A.
2011
2010
Compensation due for the period
366,412 354,028
Valuation of the options allocated during
the period*
None
None
Valuation of the performance shares
allocated during the period*
86,275 65,377
Total
452,687 419,405
* Valuation at closing price of December 31, 2010,
i.e.
€50.29 and 12/31/2011: €50.75.