120
I LISI FINANCIALREPORT2013
INFORMATIONREGARDINGTHECOMPANYANDCORPORATEGOVERNANCE
7
2.9.3Directors’Remuneration
Employement
Additional pension
scheme
Allowances or
benefits due or
likely tobe due
as a result of the
terminationor
change in functions
Allowances relative
to anon-competition
clause
Managers Corporate officers
Yes
No
Yes
No
Yes
No
Yes
No
GillesKOHLER
Function:ChairmanandChiefExecutiveOfficer
X
X
X
X
Mandatestartdate: 1999
Termofoffice: 2015
EmmanuelVIELLARD
Function:DeputyChairman
X
X
X
X
Mandatestartdate: 1999
Termofoffice: 2015
The terms for the salary of the Chairman and Chief Executive Officer
and for theVicePresidentareapprovedby theBoardofDirectorson the
adviceoftheCompensationCommittee.
In2013, thevariableportionofexecutivecompensation iscappedat7.5%
of the fixed remuneration.Theallocation formula for thecriteriaused to
determinethevariableportion isas follows:
n
Operatingmargin forrepresenting30%ofthe fixedremuneration,
n
FreeCashFlowraterepresenting20%ofthe fixedremuneration,
n
Share left at the discretion of the Compensation Committee,
representing25%ofthe fixedremuneration.
The tables summarizing the compensation and options and shares
allocated to each corporate officer director of LISI S.A. are as follows in
euros:
GillesKOHLER
Chairman andCEOof LISI S.A.
2013
2012
Compensationdue for theperiod
554,222 461,449
Valuationof theoptionsallocatedduring the
period*
None
None
Valuationof theperformancesharesallocated
during theperiod*
140,520 117,230
Total
694,742 578,679
*Valuationat the rateof thedayof theBoardofDirectors thatapproved theplan,or€58.73 for
the2011plan,€54.30 forthe2012plan,and€117.10 forthe2013plan.
Emmanuel VIELLARD
DeputyChief ExecutiveOfficer of LISI S.A.
2013
2012
Compensationdue for theperiod
505,669 429,747
Valuationof theoptionsallocatedduring the
period*
None
None
Valuationof theperformancesharesallocated
during theperiod*
137,007 114,145
Total
642,676 543,892
*Valuationat the rateof thedayof theBoardofDirectors thatapproved theplan,or€58.73 for
the2011plan,€54.30 forthe2012plan,and€117.10 forthe2013plan.
