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LISI 2016 FINANCIAL REPORT
135
2.5.3
I
Compensation of managers
Employment
Contract
Supplementary
pension plan
Allowances or benefits
due or likely to be
due as a result of the
cessation or change
of functions
Compensation under
a non-compete clause
CORPORATE OFFICER MANAGER
Yes No Yes
No
Yes
No
Yes
No
Gilles KOHLER
Function: Chairman of the Board of Directors
Term of office start: 1999
Term of office end: 2018
X
X
X
X
MANAGER CORPORATE OFFICER MANAGERS
Emmanuel VIELLARD
Function: Chief Executive Officer
Term of office start: 2016
Term of office end: 2018
X
X
X
X
Jean-Philippe KOHLER
Function: Deputy CEO
Term of office start: 2016
Term of office end: 2018
X
X
X
X
The terms for the salary of the Chairman and Chief Executive Officer and for the Deputy CEO are approved by the Board of Directors on the
advice of the Compensation Committee.
Compensation of the Chairman of the Board of Directors
The compensation of Mr. Gilles Kohler in his capacity as Chairman of the Board of Directors was set on the advice of the Compensation
Committee. It includes a fixed amount for the corporate mandate. Mr. Gilles Kohler does not have any variable compensation, or directors’ fees
and free performance-based shares. He has a company car.
GILLES KOHLER
CHAIRMAN OF BOARD OF DIRECTORS OF LISI S.A.
2016
2015
Remuneration due for the period
531,438
600,401
Valuation of the options granted during the financial year *
None
None
Valuation of the performance shares granted during the financial year *
None
None
Valuation of the shares granted during the financial year *
None
123,889
TOTAL
531,438
724,290
* Valuation at the share price prevailing on the date of the Board of Directors meeting which approved the plan, i.e. €24.63 for the 2015 plan.
At its meeting of December 17, 2015, the Board decided to award 5,030 shares to Gilles Kohler pursuant to the termination of his office as CEO.
The tables summarizing the compensation of the Chairman of the LISI S.A. Board of Directors are as follows in euros:
GILLES KOHLER
PRÉSIDENT DU CONSEIL D’ADMINISTRATION DE LISI S.A.
Amounts for financial 2016
Amounts for financial 2015
due
paid
due
paid
Fixed remuneration
265,399
337,948
379,587
371,670
Variable compensation
None
194,000
194,000
195,000
Incentives
17,530
24,264
24,264
32,730
Compensation on retirement
246,028
246,028
None
None
Exceptional remuneration
None
None
None
None
Benefits in kind *
2,480
2,524
2,550
2,545
TOTAL
531,438
804,764
600,401
601,945
* Benefits in kind: company car.
Information regarding the company and corporate governance
7