InformationregardingtheCompanyandcorporategovernance
1
7
LISI 2014FINANCIALREPORT
I
137
In2014, thevariableportionofexecutivecompensation iscappedat7.5%
of the fixed remuneration.Theallocation formula for thecriteriaused to
determinethevariableportion isas follows:
■■
Operatingmargin forrepresenting30%ofthe fixedremuneration.
■■
FreeCashFlowraterepresenting20%ofthe fixedremuneration.
■■
Achievement rate of the strategic objectives of 25% of fixed
remuneration.
The expected level of achievement of the above objectives has been
establishedpreciselybut isnotreleased forconfidentialityreasons.
ThetablessummarizingthecompensationofeachcorporateofficerdirectorofLISIS.A.areas follows ineuros:
Gilles KOHLER
Chairman andCEO of LISI S.A.
Amounts for financial 2014
Amounts for financial 2013
due
paid
due
paid
Fixedcompensation
351,722
348,434
333,635
325,217
Variablecompensation
195,000
203,000
203,000
135,000
Exceptional compensation
None
None
None
None
Attendance fees
15,000
15,000
15,000
15,000
Benefits inkind*
2,514
2,514
2,588
2,596
Total
564,235
568,947
554,222
477,813
*Benefits inkind:companycar.
Emmanuel VIELLARD
DeputyChairman of LISI S.A.
Amounts for financial 2014
Amounts for financial 2013
due
paid
due
paid
Fixedcompensation
324,712
317,140
302,196
299,377
Variablecompensation
178,000
194,000
185,000
125,000
Exceptional compensation
None
None
None
None
Attendance fees
15,000
15,000
15,000
15,000
Benefits inkind*
3,355
3,372
3,473
3,473
Total
521,067
529,512
505,669
442,850
*Benefits inkind:companycar.
Thetablessummarizingthecompensationandoptionsandsharesallocated
toeachcorporateofficerdirectorofLISIS.A.areasfollows ineuros:
GillesKOHLER
ChairmanandCEOof LISI S.A.
2014
2013
Compensationdue for theperiod
564,235 554,222
Valuationof theoptionsgrantedduring the
period
None
None
Valuationof theperformancesharesgranted
during theperiod*
115,020 140,520
Total
679,255 694,742
*Valuationat the rateof thedayof theBoardofDirectors thatapproved theplan,or€11.75 for
the2011plan,€10.86 forthe2012plan,€23.42 forthe2013planand€21.30 forthe2014plan.
Emmanuel VIELLARD
DeputyChairman of LISI S.A.
2014
2013
Compensationdue for theperiod
521,067 505,669
Valuationof theoptionsgrantedduring the
period
None
None
Valuationof theperformancesharesgranted
during theperiod*
112,145 137,007
Total
633,211 642,676
*Valuationat the rateof thedayof theBoardofDirectors thatapproved theplan,or€11.75 for
the2011plan,€10.86 forthe2012plan,€23.42 forthe2013planand€21.30 forthe2014plan.
